Limited liability partnership

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Limited liability partnership can purchase shares on its own name?
Replies (4)

Yes, LLP can purchase the share on its name. LLP need  “Investment in Stock Market” is a part of the object clause in the LLP agreement of the firm. If not then alter the LL P. 

Dear Sandeep.,

 

What are the procedure and registration process for LLP...?

What are the documents required for A LLP firming...?

Please guide me....

First, take DSC of designated partners then apply for DIN (now DPIN and DIN are considered as similar). Then apply for the name of LLP in Form 1. File form 2 for incorporation of LLP. Then file LLP agreement within 30 days of incorporation of LLP.

Thank you for reply....

Really helpful for me. If you have any other clarity pls give me the details...

 

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