Poonawalla fincorp
Poonawalla fincorp

Merger/conversion of llp

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(Querist)
01 August 2011 can we convert/merge a limited liability partnership into unlisted public company?If YES,then What is the Procedure of its Conversion??
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CS Bijoy

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CS Bijoy (Expert)
02 August 2011 This would not be allowed under LLP Act. However, enabling provisions would be required to be made in the Companies Act for such conversion. Necessary action in this regard would be taken when Companies Act would be revised.

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