Rajshree Jhawar
30 May 2011 at 09:02
This is urgent. My cliet wants to get into agriculture(actually growing crops). Now i would like to know whether:
1] A pvt. ltd. company/partnership firm/ LLP is allowed to buy land for agriculture. Does it need to take permission for the same. If so before or after incorporation or registration of the company/LLP/firm respectively. Will it make any difference if the promoters/partners already own agricultural land.
2] If yes is there any maximum limit prescribed regarding the size of the land.
Awaiting an urgent reply.
Thanking you
Rajshree
Buying Agricultural Land
This is urgent. My cliet wants to get into agriculture(actually growing crops). Now i would like to know whether:
1] A pvt. ltd. company/partnership firm/ LLP is allowed to buy land for agriculture. Does it need to take permission for the same. If so before or after incorporation or registration of the company/LLP/firm respectively. Will it make any difference if the promoters/partners already own agricultural land.
2] If yes is there any maximum limit prescribed regarding the size of the land.
Awaiting an urgent reply.
Thanking you
Rajshree