Are there any rules/clauses regarding opening of a Bank Account in LLP in India as per LLP Act,2008/Rules,2009? Also, can a bank account opened in the name of an LLP be operated by any Partner?
I am very confused and in urgent need of help.Please provide a reply as soon as possible.........
07 June 2010
Dear Friend, In my view there is nothing special mentioned for Opening Bank Account of LLP. It will be done in the same way as we do for a Partnership Firm.
Also, for operation of the Bank account, it can be done by any partner who is authorized by LLP for operating the account and is included as the signatory in the bank account.
CAclubindia
