Articles by CS Divesh Goyal

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Process / Provision of Strike of LLP

  CS Divesh Goyal    09 September 2021 at 18:27

The provision in relation to the closure of LLP has been mentioned u/s 75 of LLP Act, 2008. The name of defunct LLP can be struck off by the Registrar Suo-motto or on application by the LLP.



Annual Compliance Calendar Of LLP

  CS Divesh Goyal    09 September 2021 at 10:08

Even if LLP does not do any business, it has to comply with statutory requirements such as Annual Return, Balance Sheet, Profit and loss Account, Income tax return etc. every year.



Procedure for Change in Registered Office

  CS Divesh Goyal    09 September 2021 at 10:08

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.



Procedure For Admission Of New Designated Partners

  CS Divesh Goyal    09 September 2021 at 10:08

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.



Process for Change in name of LLP

  CS Divesh Goyal    09 September 2021 at 10:08

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.



Procedure for change in partners

  CS Divesh Goyal    09 September 2021 at 09:55

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.



Section wise Impact of LLP Amendment Act, 2021

  CS Divesh Goyal    21 August 2021 at 09:53

Both houses of Parliament has approved the LLP Amendment Bill, 2021. Finally, the same got the approval of the President of India on 13th August 2021 and became the LLP Amendment Act, 2021.



Relaxation From Passing Of Online Proficiency Test

  CS Divesh Goyal    21 August 2021 at 09:53

An individual shall not be required to pass the online proficiency self-assessment test when he has served for a total period of not less than three years as on the date of inclusion of his name in the data bank.



Amendment in provisions of independent director

  CS Divesh Goyal    21 August 2021 at 09:53

MCA has issued The Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 on 19th August 2021 which will come into effect from 20th August 2021.



Penalty / Fine - LLP (Amendment) Act, 2021

  CS Divesh Goyal    21 August 2021 at 09:53

The LLP (Amendment) Act, 2021 got the approval of the President of India on 13th August 2021 and became the LLP Amendment Act, 2021. Let us discuss the changes in Fine / Penalty under the LLP Act, 2008.




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