prpri Process Re-engineering Of LLP Incorporation Related Forms Process Re-engineering Of LLP Incorporation Related Forms

Ministry of Corporate affairs vide LLP (Second Amendment) Rules, 2018 dated 18.09.2018 brought manifolds changes in the process of incorporating LLP.

1. New form RUN-LLP

Reserve Unique Name-Limited Liability Partnership (RUN-LLP).Form 1 has been replaced with RUN-LLP, where application for reserving the name of LLP has to be made

2. New form FiLLip

Now for registering LLPs, form FiLLip is to be filed. Form 2 has been replaced by form FiLLip.

3. Name application

For registering LLP, name can be reserved in advance by using form RUN-LLP or the name can be applied simultaneously with application for registering LLP (Similar to sPice form applicable for Companies)

4. DPIN application through FiLLip

FiLLip has been introduced with the feature of applying DPIN for designated partners.

5. Maximum DPIN to be applied through FiLLip

Only upto two individuals can make application for DPIN in the Form FiLLip.

6. There has been changes in following Forms:

Form 5: Notice of Change of Name of LLP

Form 17: Application for conversion of Firm to LLP

Form 18: Application for conversion of Pvt Ltd. Co. or Unlisted Public Ltd. Co. to LLP

7. Central Registration Centre (CRC)

Reserving name of LLP through form RUN-LLP, applications for registering LLP in form FiLLip and application for conversion of firm/unlisted company to LLP will be examined by CRC.

8. The certificate of Incorporation of LLP or Conversion of LLP will be issued by CRC in form 16 and 19 respectively.

9. Chances of Resubmission:

One resubmission allowed for RUN-LLP and two chances for resubmission for FiLLip.

10. Rules to come into force 02.10.2018

Process Re-Engineering of LLP Incorporation Related Forms

S
No.
Existing eForm New eform Change Proposed To be processed by
1 Form 1(Application for reservation or change of name) LLP-RUN(Reserve Unique Name) Web Service Web Service RUN will replace Form 1 Central Registration Centre(CRC) under Non-SIP
2 Form  (Incorporation
document and Subscriber’s statement)
FiLLiP (Form for
incorporating LLP)
I. FiLLiP will be an integrated form offering multiple services viz. allotment of DIN/Reservation of Name and Incorporation of LLPs.

II. Consequent upon notification of FiLLiP, existing Form 2 will be deprecated.

Central Registration Centre(CRC) under Non-SIP
3 Addendum to Form
2(Details in respect of designated partners and partners of Limited
Liability Partnership)
Addendum to FiLLiP
(Details in respect of designated partners and partners of Limited Liability Partnership)
I. RUN-LLP SRN to be substituted for Form 1 SRN in relevant field

II. PAN is allowed to be entered in DSC section

Central Registration Centre(CRC) under Non-SIP
4 Form 5 (Notice for
change of name)
Same form with minor modifications I. Details which were hitherto getting prefilled in the form (based on Form 1 SRN) shall now be entered by the user.

II. RUN-LLP SRN to be substituted for Form 1 SRN in relevant field

Central Registration Centre(CRC) under Non-SIP
5 Form 17(Application and statement for the
conversion of a firm into LLP)
Same form with minor modifications I. RUN-LLP SRN to be substituted for Form 1 SRN in relevant field

II. PAN is allowed to be entered in DSC section

Central Registration Centre(CRC) under Non-SIP
6 Form 18(Application and Statement for conversion of a Private Company/Unlisted Public Company into LLP) Same form with minor modifications I. RUN-LLP SRN to be substituted for Form 1 SRN in relevant field

II. PAN is allowed to be entered in DSC section

Central Registration Centre(CRC) under Non-SIP

Following process flow changes are proposed to enable the LLP incorporation process reengineering:

  • All Form 1 and Form 2 (along with Form 17/18/Addendum) which are pending processing from the date of notification of revised forms, shall be marked under Resubmission.
  • All forms which have to be resubmitted, must be submitted again in the new web service/new forms only.
  • All names which have been approved and against which Incorporation form is not filed till the date of notification of revised forms, shall be allowed to be used to file form FiLLiP for incorporation.;
  • All names which have been approved and against which Change of name Form 5 is not filed till the date of notification of revised forms, shall be allowed to be used to file in revised Form 5.

Author Bio

Qualification: CS
Company: Praman Advisors private limited
Location: New Delhi, Delhi, India
Member Since: 19 Feb 2018 | Total Posts: 55
I am a Practicing Company Secretary and a Lawyer and have an experience of over 12 years. I have been practicing in the field of Corporate Laws, Secretarial Audits, Legal Drafting, Compliances, NBFC, FEMA & RBI and SEBI, Stock and Commodity Market Exchange Regulation, Advisory of Listed and unli View Full Profile

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2 Comments

  1. mona says:

    hello sir, i have filled form LLP 2 on 1st october, 2018 which comes for resubmision today and i was trying for form FILLIP but it requires for SRN for LLP RUN …..what to do?

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