Our partnership firm (Urvashi Real Estate)is still actively running its business. We would like to convert it to LLP format, so can we simply convert to LLP just like registaring a new firm or anymore formalities have to done.
Like dissolution of partnership firm,which is under Partnership act 1932
06 May 2010
An existing partnership firm can be converted into LLP. There is no requirement for dissolutuion of the firm. You just have to follow the procedure for getting the LLP registered.
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