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...
Central Government notifies applicability of sections 1 to 29 of Limited Liability Partnership (Amendment) Act, 2021 from 01st day of April, 2022. LLP amendment Act, 2021 which was notified on 13th August, 2021 have 29 Sections all these section are been made applicable from 01st April 2022. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the […]
Central Government notifies Limited Liability Partnership (Amendment) Rules, 2022 and amended Rule 5 (Fees), 18 and 19. It further inserted following rules- 19A. Allotment of new name to existing LLP under sub-section (3) of section 17 37A. Adjudication of penalties 37B. Appeal against order of adjudicating officer 37C. Registration of appeal 37D. Disposal of appeal […]
Central Government notifies Appointment of Registrar of Companies (ROCs) as Adjudication officers under Limited Liability Partnership Act, 2008 (LLP Act 2008). MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 11th February, 2022 S.O. 622(E).—In exercise of the powers conferred by section 76A of the Limited Liability Partnership Act, 2008(6 of 2009), the Central Government hereby […]
MINISTRY OF CORPORATE AFFAIRS Important Updates Important Communication: in our continuous endeavor to serve you better, the Ministry of Corporate Affairs is launching a new way of e-filing for LLP on MCA21 portal All UP filings going forward will be web based. This oppicotion is proposed to be launched on 06th Mar 2022 of 12:00 […]
ROC Chhattisgarh has issued a notice under Rule 37(3) of LLP Rules, 2009 intimating the name of the 10 Limited Liability Partnerships whose name have been struck off from the Register and which stands dissolved. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR OF COMPANIES, CHHATTISGARH-CUM- OFFICIAL LIQUIDATOR, ATTATCHED TO HIGH COURT […]
Once you get the idea for your startup and have gone through with the market available for you, now you are ready for the next step. But wait, how will you do that? Implementing your idea by incorporating sole proprietary, partnership or Company! Well, this article is all about your Next move. Common legal mistakes […]
Any newly incorporated Limited Liability Partnership (LLP) is required to provide a registered office while registering itself with the Registrar of Company (ROC) at least to receive and make correspondences. Then, once the LLP is registered there might be situations where the registered office of the LLP is shifted from one state to another i.e. […]
A Limited Liability Partnership (LLP) can be said to be a hybrid of the Company and a partnership firm. It provides for the advantages of both. At the time of incorporation, the Limited Liability Partnership is required to submit the details of its registered office. It might be the possibility that the partners intend to […]
Article explains Nature of Limited Liability Partnership (LLP), Advantages of Limited Liability Partnership (LLP) Disadvantages of Limited Liability Partnership (LLP), Procedure for Incorporation of LLP, Limited Liability Partnership Agreement (LLP Agreement/Deed) and Some of the Essential Clause in Limited Liability Partnership Agreement (LLP). LLP is a corporate business vehicle that enables professional expertise and entrepreneurial […]
The Limited Liability Partnership is governed primarily by the provisions of the Limited Partnership Act, 2008 (LLP Act, 2008) and secondary, by the clauses mentioned in the Limited Partnership Agreement. However, with respect to the addition or removal of the designated partner or partner in the Limited Liability Partnership, there is no restrictions as such […]
