WebApr 15, 2024 · Partners mutually take LLP decisions. As per partners decision LLP can take loan from Partner. LLP operated business as per … WebOct 30, 2024 · This loan can only be given for a period of one year and the same shall be interest-free. The amount of loan is restricted to the limit under the liberalized remittance …
Proposed changes under the LLP Act are much more than decriminalisation ...
WebFeb 17, 2024 · 2. Relative of Director. Allowed as Ministry of Corporate affairs vide its notification dated 15.09.2015 has provided that w.e.f. 15.09.2015 a private company can … Many professionals differ in their views for a Question as to 'Whether a Limited Liability Partnership can accept loan or deposit from an individual'? Some professionals are of … See more 1. Limited Liability Partnership Act is silent as to whether an LLP can take loan or deposit. However, following provisions are worth considering. 1. As per section 66 of LLP Act, a partner … See more galaxy watch4 classic bluetooth 42mm negro
How can a company take Loan from directors and relatives and shareho…
WebOct 30, 2024 · The loan should not be given in cash or bearer’s cheque in case the amount is more than Rs20,000. Same regulations will apply in case of repayment An Indian resident can only take foreign... WebYes, can accept, subject to the provisions of Foreign Exchange Management Act, 1999 and rules and regulations made thereunder. Can’t be accepted by ineligible company but an eligible company can accept … WebFAQs on Partners's Contribution and Transactions of Partners with LLP 1 What is the manner in which a partner of an LLP can bring his contribution? How will it be recorded/disclosed in the accounts? 2 Whether a partner would be able to give loan to or transact other commercial transactions with LLP? black blood chyenne river sioux