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Discussion > Corporate Law > LLP >

LLP Incorporation - Form 3 filing

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CEO

[ Scorecard : 33]
Posted On 26 February 2010 at 09:08 Report Abuse

Hi,

I'm done with LLP Incorporation, i.e., filed form 2 and got approved. Now I have to draft LLP agreement and file Form 3, but I'm confused with few sections of Form 3.


in Form 3, there is a mention of

relating to rule 16 (2)     
relating to rule 17(1)    
relating to rule 20(1)    
relating to rule 24(18)(a)

 

I tried to look about this in LLP Rules and Act, but could not find any information on this. Please can anybody help me with this. Also it would be great if you can provide me a draft LLP agreement for this.

 

Thanks in advance.



Attached File : 6 form3.doc downloaded 484 times

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CA Adarsh Agrawal
CMD of SHAYVIDZ Group

[ Scorecard : 3597]
Posted On 26 February 2010 at 12:23

http://www.llp.gov.in/

  

16 (2) The limited liability partnership, may, in addition to the
registered office address, declare any other address as its
address for service of documents, under sub-section (2) of
section 13, in the manner as laid down in the limited
liability partnership agreement. Where the limited liability
partnership agreement does not provide for such manner,
consent of all partners shall be required for declaring any
other address as the address for service of documents.

  

17 (1) The limited liability partnership may change its registered
office from one place to another by following the
procedure as laid down in the limited liability partnership
agreement. Where the limited liability partnership
agreement does not provide for such procedure, consent of
all partners shall be required for changing the place of
registered office of limited liability partnership to another
place:
Provided that where the change in place of registered
office is from one State to another State, the limited
liability partnership having secured creditors shall also
obtain consent of such secured creditors.

  

20 (1) The limited liability partnership may change its name by
following the procedure as laid down in the limited liability
partnership agreement. Where the limited liability partnership
agreement does not provide such procedure, consent of all
partners shall be required for changing the name of the limited
liability partnership.

 

24 (18) (a) The partners of a limited liability partnership may remove an auditor
from office at any time by following the procedure as laid down in the
limited liability partnership agreement.

 





Attached File : 47 llp rules as notified.pdf downloaded 600 times

Total thanks : 2 times




CA Adarsh Agrawal
CMD of SHAYVIDZ Group

[ Scorecard : 3597]
Posted On 26 February 2010 at 19:45

Originally posted by : Madhubabu
Firstly, thank you very much for the answer to my query. Secondly, would like more information as to what should be filled in those sections in LLP form 3, as shown in image that I uploaded. What I mean is what should be the exact phrase or words I should use to convey the general thing.i.e,, whatever changes we intend to do will be done by consent of majority of partners.

Dear Madhubabu..!

 

u hv to write just CLAUSE NUMBER in that form3...  that CLAUSE NUMBER will be of the Provision of that clause of ur LLP AGREEMENT where the provision relating to said rules are written.. n no need to write the detailed provision of LLP agreement..!

  

opinion of other members must be considered..




lokesh bezzam

[ Scorecard : 71]
Posted On 17 November 2012 at 11:00

Thank You Very much. I Got My Doubt Clarified

 

 




Dhanush
Consultant

[ Scorecard : 35]
Posted On 25 February 2014 at 12:55

Originally posted by : Madhubabu
Hi,
I'm done with LLP Incorporation, i.e., filed form 2 and got approved. Now I have to draft LLP agreement and file Form 3, but I'm confused with few sections of Form 3.

in Form 3, there is a mention of
relating to rule 16 (2)     
relating to rule 17(1)    
relating to rule 20(1)    
relating to rule 24(18)(a)
 
I tried to look about this in LLP Rules and Act, but could not find any information on this. Please can anybody help me with this. Also it would be great if you can provide me a draft LLP agreement for this.
 
Thanks in advance.


what did u fill up in the other columns 8 to 15 which require the clause to be filled up ? e.g
8 - Mutual Rights and Duties of Partners

9- Restrictions, if any, on the partners’ authority. ? Plz reply




amit kumar
Manager

[ Scorecard : 52]
Posted On 06 May 2014 at 14:55

Hello I am making changes to my LLP agreement can we restrict a designated partner to take part i management of business by putting details in pont 9 in form 3 of LLP.




Ashis Dash
Assistant Director

[ Scorecard : 42]
Posted On 19 July 2014 at 22:21

Dear All,

Can you please inform me the procedure/form needed to get NOC/ownership from a land-owner to use the address as the registered office? I do have the house-rent deed.

 

Thanks,

Ashis




Yogesh Goswami
Director

[ Scorecard : 39]
Posted On 20 July 2014 at 21:22

Hi, 

I also formed LLP recently in Uttar Pradesh and now need to file form 3. Can some one please share the draft agreement for 3 DPs. Also, what should be the value of the stamp paper for the agreement. Do I need to notarise the agreement? The total contribution for the LLP is 1 Lac.

Thanks.




Ashis Dash
Assistant Director

[ Scorecard : 42]
Posted On 21 July 2014 at 15:56

Yogesh,

The LLP agreement has to be notarised on a Rs 100 non-judicial stamp paper. 



Total thanks : 2 times



Yogesh Goswami
Director

[ Scorecard : 39]
Posted On 21 July 2014 at 16:21

I had attached Rent Agreement, Electricity Bill & NOC. Noc was done on plain paper.



Total thanks : 1 times


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