LLP - a subsidiary

[DR.MARIAPPAN GOVINDARAJAN]

Can a LLP be a subsidiary of a Private Limited Company?

AI Summary

Can a Limited Liability Partnership be a subsidiary of a Private Limited Company? Exploring Companies Act applicability. A discussion was initiated regarding whether a Limited Liability Partnership (LLP) can be a subsidiary of a Private Limited Company. One participant expressed the opinion that an LLP can indeed be a subsidiary, as it shares characteristics with a Private Limited Company. Another participant questioned if the provisions of the Companies Act apply to LLPs, seeking further clarification on the legal framework governing such entities.