FUND RAISE BY LLP's

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Audit Assistant cum Accountant in "SANAT
30 Points Posted on 13 May 2021

can a limited liability partnership raise fund from general public or relatives of partners and invest in share market in India?

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On 13 May 2021 at 11:05 Report
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Quick Summary
This discussion clarifies whether a Limited Liability Partnership (LLP) in India can raise funds from the general public for share market investments. The consensus is that LLPs cannot solicit funds from the public. However, it is permissible for LLPs to borrow money from relatives and friends.

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Chartered Accountant
24588 Points Posted on 13 May 2021
No LLP cannot raised fall from general public
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On 13 May 2021 at 11:47
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3134 Points Posted on 13 May 2021

They can borrow from relatives and friends right?

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On 13 May 2021 at 15:34

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