Dear members,
To execute partnership deed, who will be the first party to the deed please let me know.
deed
partnership
party
first
LLP agreement does not stipulate any clause in the case of the death of a partner. In such case, can we transfer the contribution of Rs.90,000/- of the deceased partner in his wife name after receiving a request letter from his wife in this respect and with the consent of all the partners or shall we ask for legal heirship certificate from tahisildar for admitting his wife as Partner by transferrinf the contribution of the deceased partner in favour of his wife.
New Partner can be admitted with the consent of all the partners as per the LLP agreement. Members may guide in this respect.
contribution
transfer
partner
death
LLP agreement does not stipulate any clause in the case of the death of a partner. In such case, can we transfer the contribution of Rs.90,000/- of the deceased partner in his wife name after receiving a request letter from his wife in this respect and with the consent of all the partners or shall we ask for legal heirship certificate from tahisildar for admitting his wife as Partner by transferrinf the contribution of the deceased partner in favour of his wife.
New Partner can be admitted with the consent of all the partners as per the LLP agreement. Members may guide in this respect.
contribution
transfer
partner
death
A proprietorship was converted into Partnership at will a few years back consisting of the Prop of the old firm and two new Partners (his brothers) Now the Proprietor of Old firm who is Partner now wants to dissolve the existing Partnership firm. Can he do so under Partnership Act . He does not want to resign from Partnership. Please advice
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Dear Members,
Can a partnership firm of turnover of 20 crores and no assets be acquired by a newly formed LLP?
If so can you please help me with
process
drafts
tax implications
A private limited can acquire. So a agreement is enough or is there any other formality required.
acquisition
partnership
Will resignation of a partner from the LLP within one year of conversion from company to LLP will attract capital gain tax although the profit sharing of the remaining partner will be more than 50per cent??
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resignation
Dear Members,
Please Suggest me
I am incorporating LLP.
Maximum 2 DPIN allowed in form Fillip.
Can I take din of 3rd DP, after Incorporation, and then execute LLP agreement with 3 DPs or I have to prepare LLP agreement for 2 DPs and later by supplementary deed add 1 Other DP.
partners
designated
Dear members
when one partner of LLP is Indian and other is Foreign National Residing abroad, how the LLP agreement is signed? if we get signed the agreement first from Indian partner and then send to Foreign National by courier to his address and he signs there in abroad and then sends back to us for filing, will it be ok? whether the signing of Foreign partner is required to be notarized & apostilled? any other way?
Thank You.
Dear friends
LLC registered at dubai is holing more than 10% in indian Company, now pls clarify if:
1. there are two partners in LLC and both are holing equal stake in LLC, then BEN Required?
2. no partner is holding major stake in LLC, then BEN required.
and pls clarify whether LLC is a partnership firm or body corporate?
thanks
corporate
body
firm
partnership
whether
Dear Members,
We need to change the address of the partner in an LLP.
So Form 4 needs to be filed.
Is it required to change the LLP Agreement as well as there is change in address of the partner?
Thanks and Regards,
Dear Members
Please Suggest me
Is there any requirement for consent of designated partners before incorporation of an LLP or before their appointment (if yes) than in which Form prior Consent is to be obtained
designated
partner
appointment
required
prior
consent
whether
Dear Members,
Please Suggest me
Whether Hindu Undivided Family (HUF) or its Karta can become partner /
designated Partner in Limited Liability Partnership (LLP).
partner
designated
become
eligibility
