Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Can llp buy agriculture land in chhattisgarh

(Querist) 04 December 2020 This query is : Resolved 
Can i buy agriculture land in chhattisgarh(non tribal area) under a LLp where i am a partner where as an individual i have agri land holdings too.
will it be clubed with my individual holding under the ceiling act
Isaac Gabriel (Expert) 05 December 2020
Land ceiling Act covers the whole belonging by an individual.
Nitin Daga (Querist) 05 December 2020
did not understand your reply sir.....i reframe it again....... will a partner in LLP which has bought agriculture land in the name of LLP beclubed with his individual land holding for ceiling purpose
Rajendra K Goyal (Expert) 05 December 2020
Local law applicable, please discuss with local Advocate.
P. Venu (Expert) 05 December 2020
To my knowledge, LLP constitutes separate legal entity.
Dr J C Vashista (Expert) 06 December 2020
It is advisable to contact and consult a local prudent lawyer for better appreciation of facts/ documents and professional guidance as local laws apply to your post.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now