Limited Liability partnerships

Querist : Anonymous (Querist) 07 April 2011 This query is : Open
The LLP Act 2008 has created a hybrid incorporating features of a partnership (limited liability) and a company (regulatory oversight).
The LLP can do any business allowed by law. My question. Is an LLP allowed to do leasing or hire purchase business? A partnership is allowed. A company has certain restrictions. Also can an LLP simultaneously be registered as a a section 25 company?

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