LLP Formation : Capital Contribution In Cash
Ashu jain (Practicing) (126 Points)
17 February 2020Thanks & Regards
Ashu jain (Practicing) (126 Points)
17 February 2020
Kalpesh Veer
(PCS)
(795 Points)
Replied 22 February 2020
You need to mention in form 3 of LLP regarding the kind of investment. Mentioned in form 3 kind of investment is "monetary investment." No rejection form ROC.
Anand Mudaliar
(Operation Team Executive)
(38 Points)
Replied 31 March 2020
Yes it can be mentioned as cash, no objection will be raised by registrar.
However subject to condition the form of contribution should mention as cash in initial LLP agreement and Form 3.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)