URGENT- PLS- please confirm weather a LLP be formed with Main object of share trading.

[sonia vajpayee]

Dear All,

please confirm weather a LLP be formed with Main object of share trading.

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Thanks & Regards,

 CS Sonia Bajpai

 New Delhi-110044.

[Ganga Anil Kumar]

Of course, you can incorporate. 

Thanking you,

Warm Regards

CS Anil Kumar Ganga | Hyderabad | India | +91 80082 99901 | +91 84980 84006 

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                                             " Try And Try Till You Succeed"

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[Jayashree Chandrasekaran]

some time back,I tried to incorporate a LLP for portfolio management
and the same was rejected saying that this will be a NBFC....
Jayashree

On 8/27/13, Ganga Anil Kumar <ani...@gmail.com> wrote:
> Of course, you can incorporate.
>

> *Thanking you,*
> *
> Warm Regards*
> *CS Anil Kumar Ganga | Hyderabad | India | **+91 80082 99901 | +91 84980
> 84006 *
> *
> ...........................................................................................................................................
> *
> * " Try And Try Till You
> Succeed"*

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C.JAYASHREE
PARTNER
S.GANESH&ASSOCIATES
CHENNAI
98840 17120

[profes...@gmail.com]

Yes i agree. The same will be treated as NBFC activity. RBI, as of date is not granting permission to LLPs for carrying out such activities.




Sent on my BlackBerry® from Vodafone

[sonia vajpayee]

The proposed LLP wishes to do trading of shares for its own members not for others.

[trupti chavan]

1. Can the LLP advise and assist into Portfolio management and capital investment?

2. Can we add the in the other object" to invest LLP money in shares."

 

TRUPTI C

 

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Thank you

“Good decisions come from experience, and experience comes from bad decisions.”

[Madhur Agrawal]

LLP being a body corporate may do both the things.