Impact of LLP Strike-Off on Debtors and Creditors Introduction Limited Liability Partnerships (LLPs) have gained popularity as a flexible and efficient business structure that combines elements of both partnerships and limited liability companies. However, there may come a time when […]

What is a borrowing clause? What details should be included in the borrowing clause of an LLP agreement? Introduction An LLP can borrow money from its partners, banks financial institutes, etc. The partners of the LLP should include a borrowing […]

The Impact of LLP Name Change on Branding: What You Need to Know Introduction The name of a Limited Liability Partnership (LLP) plays a critical role in establishing and maintaining its brand identity. However, over time, a company’s name may […]

LLP Annual Filing: Common Errors to Avoid Introduction LLP annual filing is an important compliance requirement for all Limited Liability Partnerships (LLPs) in India. It is mandatory for all LLPs to file their annual returns on or before the due […]

Important Statutory Due dates for LLP Annual Filing for FY 2022-2023 In India, it is crucial to comply with the necessary regulations for your business structure if it is registered. Limited Liability Partnership (LLP) is a type of business structure […]

A guide on Designated Partner of a company Introduction The LLP Agreement specifies that a Designated partner gap must be closed within 30 days of its formation. Each LLP member is an established partner if no designated partner is selected […]

A compilation of all the ROC (LLP) Filing Due dates for the Financial Year 2021-22 (AY 2022-23) In India, if you have registered your business, it is important to follow the necessary compliance for your business structure. Let’s talk about […]

ROC filing Due Dates falling in the year 2022-23 ROC i.e. Registrar of Companies requires all the businesses registered in India to file certain forms every year. Irrespective of their structure, businesses in India are required to adhere to these […]

Major Amendments in LLP Incorporation Process- LLP (Second Amendments) Rules, 2022 The Ministry of Corporate Affairs has notified “Limited Liability Partnership (Second Amendment) Rules, 2022” vide its Notification dated 4th March 2022. The said amendment was introduced in order to […]