TaxTMI 
TaxTMI 
capital in LLP
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....apital in LLP<br> Query (Issue) Started By: - satbir singh wahi Dated:- 7-12-2015 Last Reply Date:- 23-9-2016 Corporate Laws / SEBI / LLP<br>Got 3 Replies<br>Companies Law<br>Sir In case of LLP ,Whet....
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....her Capital of partner can be introduced and withdrawn as in partnership firms. Reply By MARIAPPAN GOVINDARAJAN: The Reply: There is no specific provision either in the LLP Act or Rules made there u....
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....nder as to the increasing or withdrawing of contribution (capital) in an LLP. The same may be provided in the agreement made by the partners. Reply By satbir singh wahi: The Reply: Thks Sir Pls gui....
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....de how we introduce capital and withdraw, if clause is provided in agreement then how fees is calculated. Reply By MARIAPPAN GOVINDARAJAN: The Reply: LLP may make provisions for anything in the LLP....
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.... agreement as per Section 23 of the Act. Section 23(4) provides that in the absence of agreement as to any matter, the mutual rights and duties of the partners and the mutual rights and duties of the ....
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....LLP and the partners shall be determined by the provisions relating to that matter as are set out in the First Schedule. In respect of capital, clause 2 of the Schedule provides that all partners of a....
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.... LLP are entitled to share equally in the capital, profits and losses of the LLP.<br> Discussion Forum - Knowledge Sharing ....