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Foreign National Partner

Querist : Anonymous (Querist) 02 June 2011 This query is : Resolved 
Hello

AS per Partnership Act can a foreign national can become a partner of Indian citizen

kindly let me the eligibility to become the partner in indian firm
M/s. Y-not legal services (Expert) 02 June 2011
Yes. Its possible one. Any legal persons can be entered in to an agreement or contract. The word legal person stands for any man or woman, firm, company etc.. But the purpose of the contract or agreement should be enforceable by law..
Raj Kumar Makkad (Expert) 02 June 2011
A foreign National cannot form a Partnership firm in India but he cnn become partner in LLP as per latest law.


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