Converted to LLP (Q3833)

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A company status in India that represents a company converted to a Limited Liability Partnership. A private limited company will be eligible to convert into a LLP only if all the shareholders of the company agree to become a Partner of the proposed LLP and there exists no charge over any of the assets of the Private Limited Company. Once the above conditions are met, the company can apply to the Registrar for conversion into a LLP.
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Converted to LLP
A company status in India that represents a company converted to a Limited Liability Partnership. A private limited company will be eligible to convert into a LLP only if all the shareholders of the company agree to become a Partner of the proposed LLP and there exists no charge over any of the assets of the Private Limited Company. Once the above conditions are met, the company can apply to the Registrar for conversion into a LLP.

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