Change in contribution of partners in llp


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 May 2015 LLP is incorporated but form No 3 is not filed till date and now partners want to internally (i.e. total contribution remains sane as mentioned while incorporating)change contribution then what should be done? change in contribution is must.

14 May 2015 It is not possible now. Because you must have given details of partner-wise contribution in Form 2.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 May 2015 But I have to change and if I don't then there is violation of FEMA.

14 May 2015 Can you please explain how FEMA provisions are getting violated in your case?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 May 2015 Contribution of NRI partners in LLP exceeds 50% of total contribution. And it should be less than 50%.

14 May 2015 But you must be knowing this while you filed form 2! I think you should visit ROC office and ask for solution.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 May 2015 I know this while filing form 2, but it's big
error while filing. by the way thanks for your reply.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details