conversion of Pvt. Ltd to LLP

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..... conversion of Pvt. Ltd to LLP
Query (Issue) Started By: - kamal mall Dated:- 20-5-2014 Last Reply Date:- 5-11-2015 Other Topics
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Indian Laws
Resp. Professionals, ​Below m .....

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..... entioned point is one of the essential requirement for Tax exemption of conversion of Company to LLP. · The aggregate of profit sharing ration of Pvt Ltd shareholders shall not be less than 50 .....

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..... percent in next 5 years And my query is Query: If out of 10 shareholders, 4 are resigned later on but profit sharing remains same among continuing 6 partners, is it in compliance of above clause ? .....

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..... Reply By kamal mall: The Reply: NOT YET SIR. PLS GIVE UR OPINION.
Discussion Forum - Knowledge Sharing .....

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