As per Section 13 of LLP, 2008 every LLP shall have a registered office to which all communications and notice may be addressed and where they shall be received.
As per Section 7 of LLP, 2008 every LLP shall have at least two Designated Partners who are individuals and at least one of them shall be a Resident in India. Only an Individual can be appointed as a Designated Partner.
In case there is no clause in the limited liability partnership agreement relating to change in the name the same can be made with the consent of all the partners.
A person can be admitted as a partner in LLP as per the provisions of the LLP agreement and section 22 of the LLP Act, 2008. If the agreement is silent then the partner shall be appointed as per Schedule I.
Discussing compliance requirements and important updates under the Income Tax Act, GST Act, FEMA, SEBI, Companies Act, IBBI and other statutory laws for the month of September 2021.
Preference shares are those shares which has priority over the equity shares in payment of dividend. These shares not only have a preferential right to receive dividends but also repayment of capital on winding up.
A private limited company is a privately-held business entity. The liability arrangement is that of a limited partnership, wherein the liability of a shareholder extends only up to the number of shares held by them.
There are various tax and statutory compliance due dates relating to ROC filing, GST return filings and Income tax filing falls in the month of September, 2021. Here is the Compliance Calendar for the month of September, 2021.
Postal ballot is a facility through which the shareholders can cast votes remotely by recording their preference on the ballot paper without actually attending the meeting.
Limited Liability Partnership is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.
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