Classes Of Members under LLP

Is It Possible For An LLP To Have Different Classes Of Member?

Answer (1)

Team Legistify

  • Sector-1, Noida

As with a General Partnership or Limited Company it may be possible for an LLP Partnership Agreement to regulate the internal relations of those involved including their member rights. However there will be certain statutory provisions and rights of third parties which are unaffected.

Answered on 28 Sep 2018


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