Articles by CS Divesh Goyal

Procedure For Admission Of New Designated Partners

Posted by CS Divesh Goyal 09 September 2021 1693 Views

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

Posted by CS Divesh Goyal 09 September 2021 4466 Views

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

Posted by CS Divesh Goyal 09 September 2021 4484 Views

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

Posted by CS Divesh Goyal 21 August 2021 1958 Views

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

Posted by CS Divesh Goyal 21 August 2021 862 Views

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

Posted by CS Divesh Goyal 21 August 2021 1599 Views

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

Posted by CS Divesh Goyal 21 August 2021 1532 Views

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.

Key Takeway from LLP (Amendment) Act, 2021

Posted by CS Divesh Goyal 19 August 2021 9829 Views

The objective of the de-criminalization exercise is to remove criminality of offences from business laws where no malafide intentions are involved.

Whether, strike off allowed before filing of INC 20A

Posted by CS Divesh Goyal 15 August 2021 2588 Views

Can companies file e-form STK-2 for strike off without filing of e-form INC 20A in case the company has not conducted business since Incorporation? Let us discuss.

How to Strike off a Company within 1 year of Incorporation?

Posted by CS Divesh Goyal 14 August 2021 4496 Views

If a company has not started any business since incorporation and promoters want to strike off within a year of incorporation, whether they can file STK-2 for strike-off? Let us discuss.