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LLP

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(Querist)
19 February 2010 wether LLP can become shareholder in a company ? if it is , under which provisin of LLP act , please help me.....
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C.A.Amitabh Gupta

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C.A.Amitabh Gupta (Expert)
19 February 2010 Since LLP is a separate legal entity it can definitely become a shaeholder in a company just like a partnership firm .
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sreenu

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sreenu (Querist)
19 February 2010 very vaery thanks sir, bt any provison in LLP act as supporting the same
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