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Corporate Law : Orissa High Court rules Magistrate can order probe against public servants only after considering their defence and superior offic...
Corporate Law : Maharashtra IT & ITES Policy 2023 aims to boost IT investment, create jobs, support emerging technologies, and enhance data center...
Corporate Law : In the legal domain, AI's role is increasingly critical, particularly in patent law, where the question of inventorship and patent...
Corporate Law : Explore the complexities of enforcing maritime sanctions, focusing on legal hurdles, international compliance, and the impact on s...
Corporate Law : Delhi HC quashes an FIR citing misuse of Section 498A IPC, highlighting false dowry harassment allegations and the need for legal ...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Corporate Law : The Government clarified that no cooperative sector companies in Maharashtra are declared corrupt under IBC, 2016, and Barshi Text...
Corporate Law : CCI's directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on da...
Corporate Law : IBBI denies RTI appeal citing fiduciary exemption under Section 8(1)(e). The requested MSME-related information was withheld. Appe...
Corporate Law : The National Pension System (NPS) offers flexible, low-cost pension options with digital accessibility, aiming to expand coverage ...
Corporate Law : The Bombay High Court quashed a CBDT order denying tax benefits to Tata Autocomp Gotion Green Energy, citing violations of natural...
Corporate Law : Supreme Court held that in disciplinary proceedings, the Disciplinary Authority is not required to be recorded detailed reasons in...
Corporate Law : Appellate Tribunal overturns Benami property attachment order in Rachakonda Srinivas Rao case, citing lack of ownership transfer a...
Corporate Law : Patna HC rules that ED cannot arrest under PMLA after Special Court takes cognizance unless permitted. Arrest powers cease post-in...
Corporate Law : Bombay High Court held that serving signed copy of arbitral award to employee of the partnership firm is not proper service of sig...
Corporate Law : IBBI disposes RTI appeals citing data limitations and exemptions under Section 7(9) and Section 8 of the RTI Act....
Corporate Law : Arles Maxent Associates LLP and its designated partners fined ₹1.5 lakh by Chennai ROC for violating Section 13 of the LLP Act,...
Corporate Law : Insolvency Professional Ahsan Ahmed penalized Rs. 50,000 by IBBI for assigning voting rights to related parties in SDU Travels Pvt...
Corporate Law : Dr. Bhushan Kumar Sinha takes charge as Whole Time Member of IBBI on Feb 11, 2025. He brings expertise in banking, finance, and ec...
Corporate Law : IBBI’s First Appellate Authority reviews RTI appeals by Kairav Anil Trivedi, addressing disclosure requests under the RTI Act. K...
Liberty House Group Pte. Ltd. Vs State Bank of India & Ors. (NCLAT Delhi) Mr. Virendra Ganda, learned Senior Counsel for the Appellant(s) submits that the amount in terms of the earlier order dated 21st January, 2020 has been paid. Mr. Joy Saha, learned Senior Counsel appearing on behalf of ‘Committee of Creditors’ has also […]
Procedure For Change In Registered Office of LLP- Section-13 of LLP Act- 2008, Rule 17 of LLP Rules- 2009 As per Section 13 of LLP, 2008 every LLP shall have a registered office to which all communications and notice may be addressed and where they shall be received. Address of initial registered office of a […]
Provision in relation to closure of LLP has been mentioned u/s 75 of LLP Act, 2008 read with Rule 37 of LLP Rules, 2009. Name of defunct LLP can be struck off by the Registrar: Suo-motto; or On application by the LLP. Defunct: The generic meaning of the word ‘defunct’ is a state of being […]
As per Section 22 of LLP Act, 2008 on the incorporation of a LLP, the persons who subscribed their names to the incorporation document shall become its partners. A person can be admitted as partner in LLP as per the provisions of LLP agreement of the LLP and section 22 of LLP Act, 2008. If […]
Article explains Background for Conversion of Partnership Firm Into LLP, Important Terms under LLP Act, Condition for Conversion of Partnership Firm Into LLP, Key Requirements for Conversion of Partnership Firm Into LLP, Why LLP is better than Partnership Firm, Procedure for Conversion of Partnership Firm into LLP, Effect of Conversion of of Partnership Firm Into […]
PROCESS FOR CONVERSION OF COMPANY INTO LLP Section-56 of LLP Act- 2008, Third Schedule A Private Limited Company may convert into a Limited Liability Partnership in accordance with the provisions of Section 56 and the Third Schedule of LLP Act, 2008. A. Conversion Of Private Limited Company Into LLP: As all of us are aware […]
As per Section 7 of LLP, 2008 every LLP shall have at least Two Designated Partners (DP) who are individual and at least one of them shall be resident in India. Only an Individual can be appointed as Designated Partner. Note: As per LLP Act on Designated partner must be Resident of India. ** In […]
Post incorporation requirements are obligations which LLP are supposed to fulfill subsequent to incorporation. These include filing of annual returns, Financial Statement, change of Partners/Designated Partners, alteration in Contribution, and change of registered office. All LLPs shall be under obligation to maintain annual accounts reflecting true and fair view of its state of affairs. Even […]
Revised Process for Incorporation of limited liability partnership (LLP) after considering Limited Liability Partnership (Second Amendment) Rules, 2018 as applicable from the 2nd October, 2018. In this Editorial the author shall deliberate the Provisions of LLP Act, 2008 as on 02nd October, 2018 in respect of Incorporation of Limited Liability Partnership (Including all the Notifications, Circulars). Author […]
Process for Change in NAME of LLP Section-19 of LLP Act- 2008, Rule-20 of LLP Rules-2009 The limited liability partnership may change its name by following the procedure as laid down in the limited liability partnership agreement. Where the limited liability partnership agreement is silent on this matter, consent of all partners shall be required […]
