Conversion of LLP into private company

Limited Liability Partnership (LLP) was introduced in India thorough the llp2008. LLP Registration in India began in 2010 and its popularity amongst start-ups and Entrepreneurs has steadily increased over the year.

Many businesses started as LLP may now want to convert to a private limited company due to growth in business or for infusion of equity capital. However, the conversion of LLP into Private Limited Company is currently not possible in India, as both LLP Act, 2008 and Companies Act, 2013 are silent about the matter.