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....
It has been brought to the notice of the Ministry that the various instances have been observed where it has been found that practicing members of your Institute are not carrying out due diligence and verification of documents while incorporating a company or a LLP.
It has been brought to the notice of the Ministry that the various instances have been observed where it has been found that practicing members of ICSI are not carrying out due diligence and verification of document while incorporating a company or a LLP.
BRIEF SUMMARY ON LIMITED LIABILITY PARTNERSHIP (SECOND AMENDMENT) RULES , 2022 The Ministry of Corporate Affairs (MCA) vide its Notification dated 04th March, 2022 has notified Limited Liability Partnership (Second Amendment) Rules, 2022 to further amend the existing Limited Liability Partnership Rules, 2009, which shall come into force on the date of its publication […]
In India, if you have registered your business, it is important to follow necessary compliance for your business structure. If we talk about A Limited Liability Partnership, that is a business structure with a minimum number of 2 members and having no limitation on the maximum number of members, the compliances of an LLP is […]
As per record, 4,73,131 number of Indian Companies and 1065 number of Foreign Companies have benefited by availing the CFSS, 2020 scheme for filing their pending documents.
There are many start-ups in India who begin their journey as Limited Liability Partnership (LLP). LLP is majorly suitable for Service sectors, Professionals, Start-ups, Small Businesses, where the liability in business remains LIMITED. It is also a recommended form of business for people who want to have lesser of annual compliances and annual audit expenses […]
Documents required for registering an LLP Identity And Address Proof of Partners Copy of PAN Card or Passport (Foreign Nationals & NRIs) Copy of Aadhar Card/Voter’s ID/Passport/Driver’s License Copy of the latest bank statement/telephone or mobile bill/electricity or gas bill Copy of passport-sized photograph specimen signature (blank document with signature [directors only]) Registered Office Proof […]
HOW TO REGISTER/ASSOCIATE THE DSC OF DIRECTOR/PARTNER ON MCA V3 PORTAL 1. GO TO MCA PORTAL CLICK ON MY APPLICATION AND CLICK ON REGISTER 2. USER REGISTRATION- SELECT USER CATEGORY AS REGISTERED USER AND ENTER PAN OF DIRECTOR/DESIGNATED PARTNER 3. ENTER PERSONAL DETAILS AND CONTACT DETAILS 4. SET PASSWORD AND PASSWORD RECOVERY QUESTION THEN CLICK […]
As we all know that the MCA LLP V3 module has been introduced by the Ministry of corporation. In this article the author told that how to login in LLP V3 portal and how to fill LLP web forms. How to login in LLP V3 portal on MCA? 1. Firstly the user need to go […]
As you would be aware, the Ministry of Corporate Affairs has commenced system migration to a new version – Version 3 of the MCA portal and in this regard, as the first phase, the go-live of the revised and enhanced LLP forms has commenced.