Thanks Nehajain and sanket and Reenu for ur valuale participation in my doubt ....i feel it will help to some one effectifley because of our groupparticipation

i didn't know the law ... but logically there is no reason to not to admit llp asa  partner.. but what i say if experts opine like that... any way it is clear now...thank you all..

Dear all,

LLP as it is defined as body corporate by the companies act so their is no restrictions on becoming a partner in another LLP......

LLP can become partner in another LLP.........

thanks to all for giving valuable sharings

Just to confirm Sanket's view, Section 2(d) of LLP act defines Body Corporate n that defination includes LLP. And Section 5 of LLP Act says that any individual or Boady Corporate can become member of LLP.

Srinivas,

Kindly remember this thumb rule.. LLP is an entity with almost all the basic advantages of a company. hence all the advantages that we have in a Company, you will get those in an LLP. hence, yes, an LLP can be a partner in an LLP.

For reference study LLP act 2008

a interest is paid on loan given by designated partner of LLP

Is there a liability of TDS deduction To the LLP ??

LLP is a body corporate and it is a legal entity separate from its partners, it has perpetual succession.

So LLP can the partner in other LLP.

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