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Who can become a shareholder?
Can a LLP become a shareholder in a Private limited company or in a Public limited company?
Replies (5)
Quick Summary
No, it's not possible
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
It is definitely possible for LLP to become shareholder in Private as well as public Company
No where in LLP as well as Companies act it is restricted.
Thanks for the information
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