• Derivative and forex trade

Can I incorporate LLP (Limited Liability Partnership) for carrying Forex and Derivative trading as it is like a limited company and have separate legal entity from its partners.
Asked 3 years ago in Business Law from Mumbai, Maharashtra
it may be like corporation but LLP is not a limited company . as per RBI guidelines only corporation can carry on forex trade
Ajay Sethi
Advocate, Mumbai
33829 Answers
1877 Consultations

5.0 on 5.0

No you can not incorporate LLP (Limited Liability Partnership) for carrying Forex and Derivative trading
Rajeev Bari
Advocate, New Delhi
1506 Answers
92 Consultations

3.5 on 5.0

Under no circumstances you can incorporate LLP for carrying on forex trade as it is not a corporation.
Ashish Davessar
Advocate, Jaipur
20797 Answers
555 Consultations

5.0 on 5.0

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