Dear Members,
Can a unregistered Partnership Firm be converted to Limited Liability Partnership under LLP Act? Or we need to mandatorily register the same with Registrar of Firms?
firm
partnership
conversion
In a LLP, we have three partners
1. One partner has died
2. Other partner is absconding
3. Third partner wants to continue business
What can be the process to remove 1 and 2 and add another partner.
Dear All,
There are only 2 designated partners in LLP. One DP wanted to resign and we wanted to appoint a new DP in his place. Please provide Procedure and draft documents,
partner
designated
resignation
addition
whether there shall be stamp duty applicable fro Conversion of Partnership firm into LLP with same two Partners continuing in the LLP.
firm
into
partnership
conversion
duty
stamp
Dear Friends
Please can anybody provide me the formats for conversion of Patnership firm to Pvt Ltd company
company
firm
partnership
conversion
Dear All
A partnership firm is Incorporated on 1st april 2019.
The partnership firm want to convert it into llp.
There is a prescrutiny error which states that 31st march should be completed for partnership firm.
Is there any law which restricts the conversion of Partnership firm into llp.
Views solicited in matter.
firm
partnership
conversion
incorporation
Plz provide documents relating to resignation of a partner in LLP. It's urgent
Kindly clarify this query One of the Designated partners is a Shareholder in a Private limited company, whether it has to be mentioned in the details of partners because he is not a Director. Additionally, how will I mention he is a shareholder not a Director
Whether foreign individuals or entities can become partners if the Private Limited Company having the Foreign Promoters is converted into the LLP?
Click here to view / answer Share it onpartners
become
entities
individuals
foreign
Hello Members,
I need detailed procedure and forms applicability for the process of conversion of partnership firm (having two partners) into pvt ltd company
Do i need to convert it under Part I of Chapter XXI of the Companies Act, 2013 (also needs to refer Section 366 of the Companies Act ?)
-Also let me know what would be the treatment of capital of existing partners after conversion? we need to allot shares as per the capital of partnership firm?
kindly guide me at the earliest
company
into
firm
partnership
conversion
Dear Members
In a new LLP incorporated in July 2019, the Designated Partners had agreed to make a contribution (monetary) of Rs 10 Lakhs as per LLP agreement. Now due to slowdown, there is a delay in getting the required contribution . Small part amount may come in before 31/03/2020, but large portion may come after 31/03/2020.
We referred to Sec 32 & Sec 33 of LLP act, but it is silent on the time period within which partners are required to bring in the contribution.
Request members to advise whether
1) Is it okay to bring the capital after 31/03/2020 since form 11 also provides separate field for 'obligation of contribution' and 'contribution received'
2) Does the ROC send any notice or intimation if the 'contribution received' is less than the 'obligation of contribution'
partners
contribution
monetary
delay
Dear All,
Can anyone guide on how to report Receipt of FDI in Partnership Firm With RBI.
firm
partnership
reporting
