Can a LLP take loan from person other than partners???or is there any other way to get fund by the LLPs???plz reply
Aditya Soni
(CS Final Student Trainee)
(727 Points)
Replied 18 May 2012
Dear Priyanka,
As far as I know, there is no any restrictions for any LLP for accepting any loans.
Regards,
aditya.
sangram ghatge
(company secretary in practice)
(198 Points)
Replied 18 May 2012
yes, there is no restriction to take loan from unrelated party.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
