Corporate Law : This guide explains LLP registration, eligibility, costs, annual compliance, and the latest 2025-26 changes, including the new Sec...
Company Law : Discover why LLPs convert into Private Limited Companies to attract investors, introduce ESOPs, and access Startup India benefits....
Company Law : The article explains how converting an LLP into a Private Limited Company can enhance credibility, improve governance, and unlock ...
Corporate Law : NCLT approved an LLP merger after finding that the scheme enhanced financial flexibility, operational efficiency, and partner valu...
Corporate Law : A comprehensive guide to LLP Agreement stamp duty across all Indian states and UTs. Learn applicable rates, filing requirements, p...
CA, CS, CMA : ICAI introduces phased applicability for new financial reporting guidance. Larger entities must comply first, followed by all enti...
Company Law : Authorities rejected several name reservation applications because they were phonetically or structurally similar to existing enti...
CA, CS, CMA : The draft policy proposes a detailed scoring framework to empanel CA firms and LLPs for government audits based on capacity, exper...
CA, CS, CMA : ICAI provides a one-year relaxation for two new Guidance Notes on financial statements for non-corporate entities and LLPs, making...
Company Law : The Ministry of Corporate Affairs' C-PACE initiative has reduced the time for voluntary company closures from over 2 years to unde...
Corporate Law : Although the Scheme was sanctioned, the Tribunal clarified that the Income Tax Department remained free to investigate any tax imp...
Income Tax : The tribunal noted that the firm had no business activity and only earned interest income. It held that unexplained income cannot ...
Income Tax : The issue was taxation of LLP partner’s remuneration without applying Sections 28(v) and 40(b). The High Court set aside the ass...
Income Tax : The ITAT Chennai held that ₹1.98 crore received for reduction in profit-sharing ratio in CRCL LLP was not goodwill or taxable in...
Corporate Law : NCLT Ahmedabad held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency ...
Company Law : The issue involved duplication of DIN due to ignorance during incorporation. The authority imposed penalty despite voluntary discl...
Company Law : The MCA has revised the list of Regional Directors authorized for LLP matters under Section 458 of the Companies Act. The amendmen...
Corporate Law : The Central Government has superseded the 2022 notification and reassigned state- and district-wise jurisdiction to specific Regis...
Corporate Law : The Government has deferred the commencement date of a notification issued under the LLP Act. The effective date now shifts from J...
Corporate Law : MCA amended its notification to postpone implementation of the reorganised Registrar of Companies framework for LLPs....
Explore the checklist and step-by-step procedure for converting a private limited company into an LLP under Section 56 of the LLP Act, 2008. Check eligibility criteria, required documents, and ensure a smooth conversion process.
Learn about the condonation of delay in filing LLP Form 3, Form 4, and Form 11 under Section 67 of the LLP Act, 2008. Explore the one-time relaxation in additional fees provided by the Ministry of Corporate Affairs (MCA) and the fee structure for compliance. Stay informed with insights and FAQs. Note: Consult professionals for personalized advice.
Vide Limited Liability Partnership (Second Amendment) Rules, 2023 MCA Amends LLP Form No. 3 – Information with regard to Limited Liability Partnership Agreement and changes, if any, made therein and LLP Form No. 4 (Notice of appointment, cessation, change in name/ address/designation of a Designated Partner or Partner and consent to become a Partner/Designated Partner) wef […]
A detailed breakdown of MCA’s General Circular No. 08/2023 for LLPs. Explore the one-time filing relaxation, its benefits, and implications for businesses.
Explore the MCA’s LLP Amnesty Scheme based on General Circular No. 08/2023. Learn about condonation of delay for LLP filings, features, exemptions, and timeline.
Discover details of MCA’s Amnesty Scheme for LLPs. Analysis of Circular 08/2023: Condonation of Delay in LLP Form-3, Form-4, Form-11 filing under Section 68 of LLP Act.
Understand MCA’s one-time relaxation on delays in filing of Form-3, Form-4, and Form-11. LLPs can update their filings without additional fees. Details inside.
Stay compliant with our guide on ROC form due dates for the Companies Act and LLP Act. Avoid penalties by filing on time during Aug-Nov 2023.
Explore the process of Voluntary Strike off for Limited Liability Partnerships (LLPs). Understand the advantages, reasons, and step-by-step guide for a smooth closure. Discover the prerequisites, compliance, and aftermath of filing Form-24. Benefit from a quick and compliance-free route to dissolve an inactive LLP, avoiding fines and liabilities.
Understand the different forms required for Limited Liability Partnership (LLP) compliance, including LLP agreements, change of name, annual returns, and more. File these forms within the specified timelines.
