As per a recent circular from MCA, every LLP is required to appoint a Designated Partner with respect to beneficial interest.
My question is whether we are required to file Form MGT-14 for both Public and Private Companies, given that there is no compulsion to file such forms.
Please provide a draft format for the necessary documents required for the conversion of a Partnership firm into an LLP.
Click here to view / answer Share it onIs it mandatory for Designated Partners to have DPIN before incorporation? Or, similar to Company formation, do LLP partners also obtain DIN at the time of incorporation?
Click here to view / answer Share it onFor amending the partnership deed of a firm based in Delhi, could you please provide information on the requirements and the timeline involved in completing the necessary procedures with the Registrar of Firms?
Click here to view / answer Share it onHaving successfully incorporated as a company through the conversion of a partnership firm and received the incorporation certificate, what are the next steps in MCA (Ministry of Corporate Affairs)? Is it necessary to file Form 20A, and are there any specific intimations required to be sent to the ROC (Registrar of Companies)?
Click here to view / answer Share it onPlease share the key notes and Amendment for The Limited Liability Partnership (Amendment) Rules, 2022.
Click here to view / answer Share it onPlease reply on my Query if any one can help :
What is the process for registering an LLP under the Companies Act?
What are the minimum and maximum numbers of partners required to form an LLP?
Can foreign nationals or entities be partners in an LLP?
Are there any restrictions on the business activities that can be undertaken by an LLP?
What documents are required for the registration of an LLP?
Is there a requirement for a registered office address for an LLP?
Are there any specific qualifications or eligibility criteria for becoming a partner in an LLP?
What is the procedure for changing the partners or adding new partners to an existing LLP?
Are LLPs required to maintain any statutory records or books of accounts?
What are the annual compliance requirements for an LLP?
Is it possible to convert an existing partnership firm into an LLP?
What are the advantages of registering a business as an LLP compared to a private limited company?
Are LLPs required to pay any specific taxes or comply with any tax-related obligations?
How long does it typically take to register an LLP under the Companies Act?
What is the role and responsibility of a designated partner in an LLP?
What specific provisions of the Limited Liability Partnership Act, 2008, and the Limited Liability Partnership Rules, 2009, are being referred for application of DIN for any DP ?
Click here to view / answer Share it onHi Folks!
Can Peer Review be done by proprietor / partner of the Practice Unit peer reviewed by the Reviewer?
Hi Professionals!
Whether there is any provision related to the meetings of the partners of LLP as same in the case of company?
Hi Everyone!
Whether NBFCs as trading member can participate in the IRF market only for hedging or can also take trading position?
Hello everyone,
What are the pros and cons of setting up a limited company or trading as a sole trader or partnership?