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No Legal Bar On Indian LLP Merging With Indian Firm, Says NCLT [Read Order]
akanksha jain
16 July 2018 6:45 PM IST
Can an Indian Limited Liability Partnership (LLP) be allowed to amalgamate with an Indian private limited company under a scheme of amalgamation filed before the National Company Law Tribunal (NCLT)?The NCLT has answered the question in affirmative.“…the legislative intent behind enacting both the LLP Act, 2008 and the Companies Act, 2013 is to facilitate the ease of doing business and...
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