Comment on the following: A Limited Liability Partnership can become member in a company incorporated under the provisions of the Companies Act, 2013.
CS Executive · Company Law · PYQS · June 2017
Comment on the following: A Limited Liability Partnership can become member in a company incorporated under the provisions of the Companies Act, 2013.
Answer & Explanation:
Subject to the Memorandum and Articles, any sui juris (a person who is competent to contract on its own behalf) except the company itself, can become a member of a company. Yes, Limited Liability Partnership, being an incorporated body and separate legal entity, under the statute, can become a member of a company.
Topics: Company Law
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