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Yes. A Private Limited Company (PLC) can enter into a Partnership with another Partnership Firm. However, the PLC cannot become a Partner in a General Partnership Firm because in a general partnership firm only natural persons can be partners of the firm.
However, Limited Liability Partnership (LLP) ...
Wazzeer Professional Network
ProfessionalCan a private limited company, enter into a partnership with another partnership firm in India?
-
Wazzeer Professional Network
ProfessionalYes. A Private Limited Company (PLC) can enter into a Partnership with another Partnership Firm. However, the PLC cannot become a Partner in a General Partnership Firm because in a general partnership firm only natural persons can be partners of the firm.
However, Limited Liability Partnership (LLP) allows body corporate to be the partners or Designated Partners.
about 4 years ago
View answer
Can a private limited company, enter into a partnership with another partnership firm in India?
-
Wazzeer Professional Network
ProfessionalYes. A Private Limited Company (PLC) can enter into a Partnership with another Partnership Firm. However, the PLC cannot become a Partner in a General Partnership Firm because in a general partnership firm only natural persons can be partners of the firm.
However, Limited Liability Partnership (LLP) allows body corporate to be the partners or Designated Partners.
about 4 years ago
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