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All Regional Directors,

189388c3afb7a94f3bb14af39c4b645892d1406e · 2008 · State unknown

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Parent: THE LIMITED LIABILITY PARTNERSHIP ACT, 2008 (0dd30192fbb2246bc3a15eb9ced22ad277171774)

Text

To All Regional Directors, UAII KUUS All Stakeholders Subject: Clarification with regard to T.usU tustee as a partner in the Limited Liability Partnerships (LLPS). Sir. Clarifications have been sought on whether a trust or a trustee representing a trust in the case of "Real Estate Investment Trust" (REIT) or "lnfrastructure Investment Trust" (lnvlTs) or such other lrusls set up under lhe regulalions prescribed under the Securities & Exchange Board of lndia Act, 1992, can become a partner in an LLP. The matter has been examined in consultation with the Law Ministry and it is clarified lhat for the purposes of these trusts it is not barred for a trustee, being a body corporate, to hold partnership in an LLP in its name without the addition of the statement that it js a trustee. This issues with the approval of Competent Authority. Copy to: PSO to Secretary PPS to Additional Secretary PS to Js (M) / JS (B) / Js (A) / JS (sP) / Dll (Ns) / Dll (RcM) E-Gov. cellfor uploading on the MCA website Guard File. File No. 2/3/2014 cL-V Government of India Ministrv of Coroorate Affairs sth Floor 'A' Wing, Shastri Bhawan Dr. Rajendraa Prasad Road New Delhi- 110001. Dated 14tn October,20'14. ,, a t v t v' -r ,, v' -r^lL\ /"/ lL /"/ Yours faithfully, ,, a t v t v' -r ,, v' -r^lL\ /"/ lL /"/ Kamna Sharma Assistant Director

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