CA Rohan Bajaj (CA) (142 Points)
23 March 2017
If Company A Ltd. has converted into A LLP it is no more
reamain company it is become llp so all the things will be done
as per llp agreements
Whenever a partner of a LLP ceases to be a partner than unless otherwise provided in the LLP agreement, the former partner or a person entitled to his share in consequence of the death or insolvency of the former partner, shall be entitled to receive from the limited liability partnership, an amount equal to the capital contribution of the former partner actually made to the limited liability partnership.
patners of llp can withdrawn their capital or enhance their capital
that will be as per provided under the LLP Agreement and by way of amendment in the LLP Agreemen
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 23 March 2017
CAclubindia
