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    <title>Private Trust become a Partner in LLP</title>
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    <description>Transfer of an LLP partner&#039;s share or interest to a private discretionary trust raises questions about whether the trust may hold the interest and participate through its trustee as representative partner. Guidance is sought on assignment or transfer of partnership interests, the trust&#039;s status in an LLP, and the trustee&#039;s capacity to remain a designated partner while representing the trust.</description>
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    <pubDate>Mon, 19 Oct 2026 19:31:50 +0530</pubDate>
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      <title>Private Trust become a Partner in LLP</title>
      <link>https://www.taxtmi.com/forum/issue?id=121178</link>
      <description>Transfer of an LLP partner&#039;s share or interest to a private discretionary trust raises questions about whether the trust may hold the interest and participate through its trustee as representative partner. Guidance is sought on assignment or transfer of partnership interests, the trust&#039;s status in an LLP, and the trustee&#039;s capacity to remain a designated partner while representing the trust.</description>
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      <law>Corporate Laws / SEBI / LLP</law>
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