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Whether Hindu Undivided Family (HUF)/ its Karta can become partner/ Designated Partner (DP) in Limited Liability Partnership (LLP)

Companies Law - 2/2016 - Dated:- 15-1-2016 - General Circular No. 2/2016 F.No.1/13/2012 CL-V Government of India Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhavan Dr. R.P. Road, New Delhi-110001 Dated: 15th January, 2016 All t .....

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artner in a Limited Liability Partnership. A HUF cannot be treated as a body corporate for the purposes of LLP Act, 2008. Therefore, a HUF or its Karta cannot become partner or designated partner in LLP'. 2. However, the clarification inadvertent .....

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