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limited liability partnership

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(Querist)
21 October 2009 Is it possible to convert a private limited company into a limited liability partnership? If yes, then what is the procedure for it?
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
21 October 2009 At the moment, there is no such provision under the Companies Act and / or LLP Act.
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
21 October 2009 Incorporate a new limited liability partnership.

After incorporation absorb the private limited company through buy out of that company.

Then close the private limited company.
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