Corporate Law : Learn who must file LLP annual returns in India and how to do it. Understand filing requirements, deadlines for Forms 11 and 8, an...
Corporate Law : Striking off an LLP dissolves it, but future claims may arise. It applies to LLPs inactive for 1+ years, with an Indemnity Bond en...
Corporate Law : Businesses opting for LLP registration in India benefit from lower compliance burdens, tax advantages, and an easier business setu...
Corporate Law : Avoid common LLP registration mistakes like invalid names, documentation errors, and compliance issues for a smooth registration p...
Company Law : Understand the process and requirements for converting an unlisted public company into an LLP, including necessary filings and doc...
Company Law : NFRA inspection of PwC firms (PWCA & PW& Co CA) reveals deficiencies in related party transaction verification and documentation, ...
CA, CS, CMA : ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn abo...
Company Law : The Ministry of Corporate Affairs monitors C-PACE’s efficiency in processing corporate and LLP strike-offs, improving processing...
Company Law : MCA enhances compliance and ease of doing business with decriminalization of 63 offences, faster company strike-offs, and streamli...
Corporate Law : NFRA recommends 40 Auditing Standards for LLPs under the LLP (Amendment) Act 2021, effective from April 2026, for approval by the ...
Income Tax : ITAT Mumbai held that where two houses joint together constitutes a single unit for residence, then exemption under section 54F of...
Goods and Services Tax : Discover how Madras High Court provides a chance for Tvl. Shriniwas Impex to contest penalty despite lacking E-way bills or lorry ...
Income Tax : ITAT Guwahati held that the exemption of 10(26) of the Income Tax Act is available to the individual members of the Scheduled Trib...
Corporate Law : Explore the Kerala High Courts judgment on Jeny Thankachans plea, challenging the precedence of the Insolvency and Bankruptcy Code...
Goods and Services Tax : In re AS&D Enterprise LLP (GST AAR Haryana) In general terms, an LLP is a viewed as an alternate corporate business model that...
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,...
CA, CS, CMA : Learn about ICAI's Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs w...
Company Law : NFRA penalizes BSR & Associates LLP ₹10 crores for audit lapses in Coffee Day Enterprises audit. Partners face fines and debarme...
Corporate Law : Discover the latest amendments to LLP Rules by the MCA, effective from August 27, 2024. Learn about the new role of the Centre for...
Corporate Law : Registrar of Companies Andhra Pradesh issues notice for removal of 93 LLP names from the register. Learn more about the notice and...
Discover the enhanced features of LLP Version 3 portal. Learn about the seamless transition, user-friendly interface, and new services for LLP’s.
Discover the advantages of Limited Liability Partnerships (LLP) over Private Limited Companies. From cost-effectiveness and compliance to tax benefits and fund withdrawal flexibility, explore why an LLP might be a preferable business structure.
Learn about the relaxation in payment of additional fees and extension of dates for LLP forms. Stay updated with the latest circular issued by the Ministry of Corporate Affairs.
MCA allows LLPs to file various event based LLP e-Forms, due dates of which are falling between 25th February, 2022 and 31st May, 2022, without paying additional fees up to 30th June, 2022.
Relaxation in paying additional fees in case of delay in filing Form 11(Annual Return) by Limited Liability Partnerships up to 30th June, 2022.
LLP vs One Person Company vs Private Limited Company: Understand the features and differences for businesses raising funding.
Ensure compliance with Limited Liability Partnership (LLP) filings for FY 2021-22. Learn about the due dates for Form 11, Form 8, and DPIN KYC.
Delhi High Court held that inter se disputes between partners of an LLP are required to be tried as a commercial suit in terms of the Commercial Courts Act, 2015 and the National Company Law Tribunal (NCLT) is not the appropriate forum for deciding such disputes.
The concept of Limited Liability in Partnership is arrived from the Companies where the shareholders are liable to the extent of amount unpaid towards the shares held by them, which came into existence in 1897 through a Landmark judgement: Salomon v Salomon & Co Ltd. The same kind of protection is also given to the Limited Liability Partnership wherein the designated partners are not personally liable.
Learn the step-by-step procedure for converting a partnership firm into a limited liability partnership (LLP) and ensure a smooth transition.
