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Whether an llp can become a partner in another partnership f
Since the liability of partners in partnership firm is unlimited and in LLP their liability is limited , whether an LLP can become a partner in another Partnership firm ?
Replies (1)
Yes if LLP agreement conferred to do so.
Any Body corporate can become partner of LLP.
Following cannot become a Partner in LLP
Only HUF cannot become a Partner
Unsound Mind declare by competent court
Undischarged Insolvent
Adjudicating Insolvent
Any Body corporate can become partner of LLP.
Following cannot become a Partner in LLP
Only HUF cannot become a Partner
Unsound Mind declare by competent court
Undischarged Insolvent
Adjudicating Insolvent
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