Llp for salaried director

suteekshan (Director) (31 Points)

29 August 2011  

Hi,

Myself is a director with a Pvt Ltd firm holding 25% share and full time salaried. Now I like to form a LLP with another person as an individual not related to my existing comapny, what are the requirements and is it legally paossible etc. Kindly give details on this.

And is it possible for a normal salaried person in a private firm to form a LLP.

Thnaks in advance

Rgds