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Limited liability partnership

PRAVIN SHARMA (25 Points)

13 September 2017

Limited liability partnership can purchase shares on its own name?

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Kalpesh Veer (PCS) (795 Points)
Replied 14 September 2017

Yes, LLP can purchase the share on its name. LLP need “Investment in Stock Market” is a part of the object clause in the LLP agreement of the firm. If not then alter the LL P.

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RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 14 September 2017

Dear Sandeep.,

What are the procedure and registration process for LLP...?

What are the documents required for A LLP firming...?

Please guide me....

Kalpesh Veer (PCS) (795 Points)
Replied 14 September 2017

First, take DSC of designated partners then apply for DIN (now DPIN and DIN are considered as similar). Then apply for the name of LLP in Form 1. File form 2 for incorporation of LLP. Then file LLP agreement within 30 days of incorporation of LLP.