Our Recommendations :-
Follow CA Final FB Page

Is it legal for a limited liability partnership (LLP) to raise money in India in the form of donations?

Open uri20170510 32134 ughyv5?1494421703 gunesh asked about 3 years ago

Is it legal for a limited liability partnership (LLP) to raise money in India in the form of donations?

    0       0 Answer Now Comment Report
1 Answers
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered about 3 years ago

**LLP AND DONATIONS** Hi , LLP is a profit based organisation Donations are always for not for profit organisation In order to accept donation you must be registered as Not for profit organisation u/s 8 of the companies act LLP cannot raise money in the form of donation. It works for profit , Thanks**

    0       0 Comment Report
Similar Questions
Get Notifications
Videos
Books
Notes
Loading
SIGN UP
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.