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...
What is Form 11 LLP? Form 11 is Form for filing Annual Return of Limited Liability Partnership (LLP) with the Registrar. When is Form 11 required to be filed? Form 11 is to be filed within 60 days of closure of its financial year. Therefore, the due date is 30th May. Is the due date […]
LLP Settlement Scheme 2020 is a one-time relaxation provided to LLP’s which have defaulted in filing the statutory documents within the required due dates. The LLP’s which opt for this scheme shall not be required to pay additional fees. This scheme has been implemented by the Central Government in exercise of its powers under Section […]
As a result of the receipt of multiple representations from various stakeholders for granting this time opportunity to make the default good, the Ministry of Corporate Affairs (MCA) vide circular no.12/20 has notified a scheme for the companies registered in India who have defaulted in filing necessary documents & returns in the past, giving them an opportunity […]
MCA Compliance Calendar for the Year 2020-2021 For Private Limited Companies, Public Limited Companies & For Limited Liability Partnerships (LLPs) containing charts for Half Yearly Compliances of Private & Public Limited Companies, Yearly Compliances of Private & Public Limited Companies, Compliances to Newly Incorporated Companies and Chart for Yearly Compliances For Limited Liability Partnerships. ♦ […]
LLPs have gained its importance since the introduction of Companies Act 2013. The LLP is a separate legal entity, liable to the full extent of its assets but the liability of the partners is limited to their agreed contribution in the LLP. A limited liability partnership (LLP) is a partnership in which some or all […]
Good News for Defaulting LLPs by Central Government in the form of introduction of LLP Settlement Scheme, 2020 The Government of India through Ministry of Corporate Affairs (MCA) has taken several measures in the year 2020 to promote ease of doing business in India. One such measure is issuance of ‘LLP Settlement Scheme, 2020’. In […]
Today while we are in lockdown period, let us understand the structure of Limited Liability Partnership firm which is most favoured by the businesses in recent times. Limited Liability Partnerships (LLP) came into effect through The Limited Liability Partnership Act, 2008 (the LLP Act). The Rules made under the LLP Act have been notified on […]
Special Measures by MCA to support and enable Companies and Limited Liability Partnerships (LLPs) in India to focus on taking necessary measures to address the COVID-19 threat SPECIAL MEASURES TAKEN BY MINISTRY OF CORPORATE AFFAIRS UNDER COMPANIES ACT, 2013 (CA-13) AND LIMITED LIABILITY PARTNERSHIP ACT, 2008 We all are getting economically affected by COVID-19. There […]
List of Due Dates of F.Y 2019-20 to be complied: There are numerous compliance which the Companies and LLP’s have to do during and after COVID-19 pandemic with the Registrar of Companies for the period F.Y 2019-20. Following is the List of Forms which the Companies need to comply for the F.Y 2019-20 Sr. No […]
Special measures due to outbreak of covid-19 under Companies act, 2013 (CA 2013) and Limited Liability Partnership Act, 2008 MCA vide its circular no. 11/2020 dated 24th March, 2020 clarified about the reliefs being provided to Companies and Limited Liability Partnerships (LLPs) due to outbreak of COVID-19 to lessen the burden of compliance as follows: […]
