Whether LLPs can do manufacturing activities?

MCA has been restricting LLP to be incorporated with the manufacturing objects on the ground that manufacturing activities do not fall under the definition of “Business” as per the Limited Liability Partnership Act, 2008. Similarly, the conversion of private and unlisted companies into LLP has been restricted by MCA on the same ground. However, ICSI has submitted representation to MCA against the same giving various justifications including that the definition of business given under the LLP Act is inclusive in nature.

For reading the representation given by ICSI, click here.

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