Share issue by llp
This query is : Resolved
09 January 2016
I had a query related with LLP,
now a LLP wants to issue shares to existing member. Can i know what is the limit of members? Is it 200 like private limited companies? or 49 as mentioned in Companies Act 1956.
now a LLP wants to issue shares to existing member. Can i know what is the limit of members? Is it 200 like private limited companies? or 49 as mentioned in Companies Act 1956.
11 January 2016
There is no concept of issue of shares in LLP. LLP can intruduce partner and decide there sharing ratio. For security you can issue any letter to partner but not shares.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- GST ON EXPORT COMMISSION
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
