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Is it possible to convert LLP into Pvt limited?


31-Aug-2023 (In Corporate Law)
Is it possible to convert LLP into Pvt Ltd?
Answers (2)

Answer #1
584 votes
Conversion of LLP into private limited company would not be allowed under LLP Act. However, enabling provisions would be required to be made in the Companies Act for such conversion. Necessary action in this regard would be taken when Companies Act would be revised.”
Answer #2
972 votes
yes it is possible to convert an LLP into a private limited company, you require consent of all the desinated partners and partners of the llp to conver the LLP into a private limited company.
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