Investment in a Limited Liability Partnership (LLP)

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..... ndia (other than an entity incorporated in Pakistan or Bangladesh), not being a Foreign Portfolio Investor (FPI) or a Foreign Venture Capital Investor (FVCI), may contribute to the capital of an LLP operating in sectors or activities where foreign investment up to 100 per cent is permitted under automatic route and there are no FDI linked performance conditions. (b) Investment by way of .....

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..... acquisition or transfer of profit shares, should not be less than the fair price worked out as per any valuation norm which is internationally accepted or adopted as per market practice (hereinafter referred to as fair price of capital contribution or profit share of a LLP ) and a valuation certificate to that effect shall be issued by the Chartered Accountant or by a practising Cost Accountant o .....

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