29 June 2012
Dear All, LLP: no of designated partners 3, no of partners 0 Total contribution Rs.1.5 crore, with Rs.50 Lakh contribution by each partner. Accordingly profit sharing ration is 1/3 or 33.33% each. I'm trying to do migration of LLP Designated Partner Details. I've done all other procedures, such as DSC registration, creating new business user ID, filing DIN4 for updation of Details of Designated Partners, etc. However, while going for migrated LLP Partner Details, I'm getting following error, after filling profit sharing ratio of each designated partner: Total profit sharing ratio of all designated partners and partners shall be 100. I've tried all combinations to no avail. Please advise.
31 August 2012
As per the communique by LLP, in the case of an LLP which functions only through designated partners and no partners, migrated partner details are no longer required. such LLPs can file e-form on new portal without verifying the migrated partner details.
If still you face issues, you may raise a ticket on MCA portal.
CAclubindia
