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Post by: Renu Suresh in Limited Liability Partnership (LLP)
Important Key Points to Know About LLP Registration in India Registering a Limited Liability Partnership (LLP) in India is an attractive option for entrepreneurs and business owners seeking partnership flexibility and corporate benefits. Understanding the crucial aspects of LLP registration, from partners'…
Post by: Renu Suresh in Limited Liability Partnership (LLP)
LLP (Amendment) Rules, 2023 – Revised LLP Form No.3 The Ministry of Corporate Affairs (MCA) has issued the Limited Liability Partnership (Amendment) Rules, 2023, through a notification dated June 2, 2023. These rules amend the existing Limited Liability Partnership Rules,…
Post by: Femi Jebrina in Business Startup MCA
Capital Contribution by Partners to LLP The Limited Liability Partnership (LLP) is a business entity that provides limited liability to its partners. The partners are allowed to make a capital contribution to the entity, which determines their ownership level in…
Post by: Bennisha in Government Initiatives
SPARSH The acronym SPARSH stands for Social innovation programme for Products: Affordable and Relevant to Social Health, is a programme authorised by BIRAC under the sponsorship of the Department of Biotechnology, Government of India. This scheme assists various social problems…
Post by: Sreeram Viswanath in MCA
Admission or Resignation of Partner in LLP In a Limited Liability Partnership (LLP), Partners can be admitted or removed easily without any changes to the constitution or substance of the LLP. When compared to a traditional partnership firm, one of…
Post by: Sreeram Viswanath in MCA
LLP Agreement and First Schedule of LLP Act LLP agreement is a legal document that must be filed within 30 days of LLP registration. LLP agreement details the rights and responsibilities of Partners in an LLP. In case of failure to…
Post by: IndiaFilings in Business Startup
LLP Agreement Stamp Duty Filing of LLP agreement with the Ministry of Corporate Affairs is the last step in the registration of an LLP. After obtaining LLP incorporation certificate, the LLP agreement, duly signed by the partners of the LLP…