Limited Liability Partnership (LLP) can purchase agricultural land in Maharashtra, but with certain restrictions related to its use.
The key restriction is that the land must be used primarily for agricultural purposes.
There are no restrictions on the type of LLP or the directors/partners involved in the LLP regarding their profession (e.g., whether they are agriculturists or not).
The LLP can purchase agricultural land for agricultural purposes without any specific director being an agriculturist.
The LLP must be acquiring the land for agricultural activities
The LLP needs to be properly registered and comply with all relevant laws and regulations, including those related to land acquisition and agricultural activities.
The primary legislation governing land ownership in Maharashtra, including agricultural land, is the Maharashtra Agricultural Lands (Ceiling on Holdings) Act, 1961.
The LLP must ensure that the purchase of agricultural land does not exceed the applicable ceiling limits.