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....
Notification under section 67 of LLP Act 2008- Central Government notifies that provisions of sections 90, 164, 165, 167, 206(5), 207(3), 252 and section 439 of the Companies Act, 2013, shall apply to limited liability partnership with modifications as provided with effect from 11th February 2022. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 11th […]
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 […]
