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Who can become a shareholder?

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38 Points Posted on 19 August 2021
Can a LLP become a shareholder in a Private limited company or in a Public limited company?
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On 19 August 2021 at 00:30 Report
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Chartered Accountant
24588 Points Posted on 19 August 2021
No, it's not possible
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On 19 August 2021 at 06:12
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Chartered Accountant
533 Points Posted on 19 August 2021
Yes it is possible, An LLP is a body corporate aa per llp act which can hold assets and properties in its name. It can become a shareholder of a company by agreeing to the MOA of the company or by subsequent purchase of shares in the company
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On 19 August 2021 at 08:31
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Practicing Compnay Secretary
53760 Points Posted on 19 August 2021

It is definitely possible for LLP to become shareholder in Private as well as public Company

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On 19 August 2021 at 12:09
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Practicing Compnay Secretary
53760 Points Posted on 19 August 2021

No where in LLP as well as Companies act it is restricted.

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On 19 August 2021 at 12:09
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Chartered Accountant
24588 Points Posted on 19 August 2021
Thanks for the information
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On 19 August 2021 at 13:58

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