Contents
E G A P
OVERVIEW OF LLP ACT n o i t c u d o r t n I
t c A s e i n a p m o C n i y t i d i g i R
y n a p m o c d n a p i h s r e n t r a p f o d n e l b l a e d i s i P L L t c A P L L f o d n u o r g k c a B
t c A P L L f o s t n e t n o c f o w e i v r e v O
e c n a l g a t a P L L f o s t h g i l h g i H
d e r r a b t o n s w a l r e h t o f o n o i t a c i l p p A
a i d n I f o e l o h w o t s e i l p p a t c A P L L
s e l u R P L L
1 2 0 2 , t c A ) t n e m d n e m A ( P L L
P L L f o d n u o r g k c a b l a n o i t u t i t s n o C
P L L f o s e r u t a e f c i s a B
n o i s s e c c u s l a u t e p r e p f o g n i n a e M
s a l l e w s a n o i s s e f o r p r o f d e t e u r t i u t t s c na of cu en ba nm a/ ce Pd a Lr Lt
P L L m r o f n a c S C d n a A M C , A C
f o m r o f y n a p m o c d n a m r fi h t i w n Po i Lt a Ls i fn o a ng or so i s r s a e pn i ms ou Cb
’ y t i t n e ‘ f o g n i n a e M
p i h s r e n t r a p y t i l i b a i l d e t i m i l l l a m S
12
1.4
I-5
11
1.3
11
1.2-4
11
1.2-2
8
1.2
11
1.2-3
10
1.2-1
8
1.1A
6 1.1-8
6 1.1-6
7 1.1-9
6 1.1-7
5 1.1-5
3 1.1-3
2 1.1-1
4 1.1-4
3 1.1-2
1 1.1
I-19 Section Index
1
S T N E T N O C
E G A P
P L L d n a y n a p m o c n e e w t e b n o s i r a p m o C t n e m u c o d n o i t a r o p r o c n I
t n e m u c o d n o i t a r o p r o c n i f o s t n e t n o C
o p r o c n i e l i h w t n e m e t a t s e s l a f r o f t n P eL mL hg sn i n i t ua Pr
e c n a l g a t a P L L f o n o i t a r o p r o c n I r o f e r u d e c o r P P L L f o e m a N
P L L f o e m a n f o n o i t a v r e s e R
e m a n f o l a v o r p p a r o f a i r e t i r C
P L L a f o e m a n f o l a v o r p p a r o f a i r e t i r C
p u o r g nP i sL e L i n a af po me om ca rn e hn t i o e fm o a tn n ep s u no or cg gg nn i i n s i a u t r b o Of e m a n f o n o i t a v r e s e R
y t i l i c a f h c r a e s e m a n e e r F
r e s e r r o f n o i t a c i l p p A PP LL LL Nf Uo e Rm ma rn of Fo gn ni o i l t l a i F v
P L L N U R m r o f o t s e r u s o l c n E
e m a n f o e g n a h C
a i l d e t i m i l “ s d r o P w f L o ” P L e L f s o L u“ e rr m eo a p” o n r p i f p h o s mr n ie o rn i or t t f a a c y p fi t l i y a t t c nl i e e i R Pb
29
r ya dl oi bm /i Ps h Lt Li yw bd e et u mt i at ns n fo o ec gP nL aL hr ce h rt oo f f ni oe i t t a a r co e i l pm p ra po Ac n
y t i l i b a i l d e t i m i l d n a e m a n f o n o i t a c i l b u P
t n e m u c o d n o i t a r o p r o c n I
y d o b a s i r e n t r a p g n i d n e t n i e r e h w ee r t ua dr eo cp or ro Pc
31
2.3A-1
p i h s r e n t r a p l a n o i t i d a r t n e e w t e b n o s i P r aL pL md on Ca INCORPORATION OF LLP n o i t c u d o r t n I
30
2.3A
30
-
30
2.3-4
28
2.3-2
27
2.3
2.3-1
2.3-3
27
2.2-7
26 2.2-6
-
26 2.2-5
25 2.2-4
23 2.2-3
21 2.2-2
20 2.2
21 2.2-2A
20 2.2-1
19 2.1-4
19 2.1-3
18 2.1-1
-
19 2.1-2
18 2.1
14 1.4-2
12 1.4-1
I-6
2
E G A P
r o f s e e f d n a n P o i L t a L r f o o p ’ r n o o c i t n i u t b en i he r t t tm n a u o c C eo ‘ l b n ad i yy e an s pa a e g r sn e c i el n F fi I P L L n o t n e m u c o d f o g n i v r e S 2.4-2
33 2.4-3
34
o t g n i t a l e r s P n L o i L s f i s v r o o e e r n c p t r fi f a f o o p d n d e o e i r t t e a a t e n l s o c i g i i g fi s e vo f e r r d od r f f o e o e yr f e g t l t N n a s I i a n g D h e C Pe g r n i n i a t b O N I D f o l a v o r p p a r e t f a e r u d e c o r P
N I D f o s r a l u c i t r a p n i s e g n a h c l a v o r p p a t s o P y l p p a 3 1 0 2 , t c A s e i n a p m o C f o s n o i s i v o r P C Y K d n a N I D g n i n i a t b o r o f e r u d e c o r P
y r e C v S e D B e E u s W s i C o t Y r Ko d -t e 3 c s i e r Rr o ) Ii C h Dd S t y u rr D a oe ( s v e e t Ce a i c Yy c n Kb i fi e r t g -a 3 r A e e Ry C g Il n Da e i r i y u i f gc t t nn a a r i l n e n i g C F fi i S l a t i g i D
k c e h c e l o r d n a C S D f o n o i t a r t s i g e R
C S D f o n o i t a r t s i g e r r o f e r u d e c o r P
r e s u f o n o i t a r t s i g e R
s r e n t r a p o t g n i t a l e r s l i a t e D
n g i e r o f , y n a p m oe ct ,a P r Lo Lp r so i rc e y nd t r o a b pn fg i i ne or i o t f a mr ro oP f L n L I t n e m u c o d n o i t a r o p r o c n i g n i l i F
P L L f o s s e n i s u B
P L L e t a r o p r o c n i o t s n o s r e p f o r e b m u N
e c n a i l p m o c t u o b a t n e m e t a t S
t n e m u c o d n o i t a r o p r o c n i P L L n o e l b a y a p y t u d p m a t S
y t u d p m a t s f o t n e m y a p E
t n e m u c o d n o i t a r o p r o c n i r o f e e f g n i l i F
t n e m u c o d n o i t a r o p r o c n i f o g n i l i F
45
2.13
d n a p i h s r e n t r a p y t i l i b a i l d e t i m i l f o e c fin fi o e r e dh et r e e t g s i n g a eh Rc
45
2.12-2
45
2.12
44
2.10
45
2.12-1
44
2.11
43
2.9
43
2.8-2
42
2.8-1
41 2.8
40 2.6-3
39 2.6-1
41 2.7
40 2.6-2
36 2.5-4
35 2.5-2
38 2.5-5
35 2.5-3
35 2.5-1
33 2.4-1
32 2.3A-3
39 2.6
32
2.3A-2
34 2.5
32
2.4
S T N E T N O C
I-7
S T N E T N O C
E G A P
o p r o c n] i p ri oh f s r me rt n or Fa [ P Py i t L i l Li i b F a i mL rd oe f t i om t i sL e r f uo sn oo l c i t na Er 2.13-2
o p r o c n i r o f d e l fi e b o t s t n e m u c o dP fL o L tf s o i l k n co et i ha Cr
l l a n a e m t o n s e o d n o i t a r o p r o cl na i g fl e o e er t a a ct s fic i t e r j e b Co P L L f o n o i t a r t s i g e r f o t c e f f E
P L L d n a r e n t r a p n e e w t e b n o i t c a s n a r t s s e n i s u B
d e t i m i l h t i w r e n t r a p f o s n op i i t h c s ar s e nn at r r t a sp s y e t i nl i i s b ua i Bl s r e n t r a p r e h t o t o n t u b P L L d n i b n a c r e n t r a P
s t h g i r p i h s r e n t r a p f o r e f s n a r t d n a t n e m n g i s s A
t s e r e t n i e l b a r e f s n a r t s ’ r e n t r a P
r e n t r a p h c a e y b s n a o l d n a n o i t u b i r t n o C
m r o f r e h t o n i r o y e n o m n i n o i t u b i r t n o C
e t u b i r t n o c o t n o i t a g i l b O
P L L n i r e n t r a P
s r e n t r a p f o r e b m u n m u m i n i M
u c o d n o i t a r o p r o c n i n oo t i s ns oi i m t p d i a r c y s bb ur st e ya bl r ro e nt t n r e a Pm
P L L n i r e n t r a p e b n a c e t a r o p r o c y d o B
r e b m e m s a y n a p m o C
r e n t r r e a n p t r e a p b n e a b c t y o t n e n i a c c o F S e U v H i t a r r o e p m o r o fi C p d i h e s r r e e t s n i t g r e a P R
r e n t r a p e b n a c y n a p m o c n g i e r o f r o P L L n g i e r o F
r e n t r a p a e b t o n n a c t s u r T
56
3.3-8
e c n e d i v e e v i s u l c n o c f o g n i n a e M
PARTNER AND DESIGNATED PARTNER P L L f o t n e m e g a n a M
3.3-4
55
3.3-7
55
3.3-6
55
55
3.3-5
54
3.3-3
54
3.3-2
-
54
3.3-1
53
3.2-2
52 3.1-5
53 3.2-1
51 3.1-4
51 3.1-3
53
3.3
46
47 -
51 3.1-2
51 3.1-1
52 3.2
2.13-1
-
50 3.1
N I n P o i L t L a r h s t t i i g w e n r o y i b t a n r o o i p t r a o r c o n p i r f o o c n e I t a c fi i t r e C 2.14-1
49 2.14-4
49 2.14-3
47
48 2.14-2
47 2.14
I-8
3
E G A P
r e n t r a p s a n o i t a s s e C
d n a s r e h t o r e n t r a p s a n o i t a n g i s e r f o r a nr os t i t i a g me iR t n o I t
58 3.4-4
s se s e d i nv i s o ur bp gn t ne i t e m pe e mr og ca nP oL rL e ns s t r e l a n pu n, os e nr ot i i t e c r i r e t h s e r r e t of Na r e n t r a p f o n o i s l u p x E
r a r t s i g e R o t s r e n t r a p n i e g n a h c f o e c i t o N
g n r i a t r a t l s e i r g s e n R o i h s t i i v w o e r g p n f a o h n c o i f n t o r g ee n vt n a i l r r t fi a r np o o c f f o e re o r f g u y n d t a e l c ah o nc r eo P Pt
s t c a r o f p i h s r e n t r a p y t i l i b a i l d e t i m i l f o y t i l i b as i l r fe o n t tr n a ep t x f Eo 3.6-1
l u f g n o r w s i h r o f s r e n t r a p r e h t o o t e l b a i l r e n t s r t a c Pa
61 3.6-2
n o i s s i m d a r o f t n e m e e r g Ar e Pn Lr t La np of i o s i n v oi o rt pa s rs e pe oc rr Po
r e n t r a p y b d n a o t y t i n m e d n I
t u o g n i d l o h y b r e n t r a p f o y t i l i b a i L
d u a r f f o e s a c n i P L L d n a s r e n t r a p f o y t i l i b a i l d e t i m i l n U
g n i w o l b e l t s i h W
e l o r r i e h t d n a s r e n t r a p d e t a n g i s e D
e l fi d n a N I D e v a h t s u m
r e n t r a p d e t a t n ne gs i s n e o Dc
s r e n t r a p d e t a n g i s e d f o s e i t i l i b a i L
s r e n t r a p s d y e a a t d n 0 g 3 s i n e i d h t o i t w y t d i e r l o l h fi t e u b a o d t e y i c l n p a m c i a o V N
s n o i t c e s f r o e n s t n r o a s i p s r ie d v n e ot t rr a a n pp f g o i d s e nt e d oa i n s t n a g i s n ee o vd a i r t t a o c nt fi o g c i l n rt a i u oa q fe l t s n i r D e 9 md hn sa i n 8 u, P7
67
3.10-4
r e n t r a p f o n o i s s i m d A
r e n t r a p f o s s e r d d a r o e m a n n i e g n a h C
68
3.11
r e n t r a p n i e g n a h C
68
3.10-5
67
3.10-3
65
3.10
67
3.10-2
66
3.10-1
64 3.9-1
60 3.5-3
63 3.9
60 3.5-2
62 3.8
59 3.5-1
59 3.4-5
62 3.7
60
61
3.6
3.4-3
3.4-1
59 3.5
57
57 3.4-2
56 3.4
S T N E T N O C
I-9
59
E G A P
P L L n i d e fi i c e p s s a s r e n t r a p f o p i t h sn ne om i e t e a r l e g RA s e g n a h c d n a t n e m e e r g A P L L f o g n i l i F s t c a r t n o c n o i t a r o p r o c n i e r P t n e m e e r g a e t u c e x e o t n e h W
t n e m e e r g a P L L n o e l b a y a p y t u d p m a t S s r e n t r a p f o s e p y T
f o e s a c n i e e t t i m m o C g n i g a n a M / eP vL i t uL ce g er xa El t n e m e e r g a P L L n o s t n e m m o c l a r e n e G
t n e m e e r g A P L L e t u c e x e o t s r e n t r a p f o r e b m u N t n e m e e r g a f o s e s u a l c s u o i r a V
t n e m e e r g a P L L l e d o M
t i m d a o t t n e m e e r g A P L L o t t n e m d n e m a r ee l p n t mr aa Sp 3 m r o F n i t n e m e e r g a P L L f o s e s u a l c n i a M
ACCOUNTS, AUDIT AND ANNUAL RETURNS OF LLP
P L L y b d e w o l l o f e b o t s t n e m e r i u q e r l a r u d e c o r P
t i d u a d n a s d r o c e r r e h t o , t n u o c c a f o s k o o b f o e c n a n e t n i a M
P L L f o s t n u o c c a f o t i d u A
r o t i d u a f o n o i t a r e n u m e r d n a t n e m t n i o p p A
r o t i d u a f o l a v o m e R
l a i c n a n fi f o s n o i s i v o r p h t i w y l p m o ct i od t u ea r ud l i n a a f s re or f u ys t l o a l c ns ei Pd
A R F N y b s d r a d n a t s g n i t i d u a d n a g n i t n u o c c A
P L L y b n r u t e r l a u n n A
100
5.5
P L L f o s n o i t i d n o c d r a d n a t S
100
5.4
99
5.2-3
98
5.2-1
100
5.3
99
5.2-2
97
5.2
S T N E T N O C
LLP AGREEMENT s r e n t r a p g n o m a t n e m e e r g A
4.5-3
75
4.5-1
96
5.1
75
75 4.5-2
75 4.5
75 4.4-2
75 4.4-3
74 4.4-1
73 4.3-1
72 4.2
74 4.4
73 4.3
71 4.1-3
70 4.1-1
71 4.1-2
70 4.1
I-10
4
5
E G A P
g n i s i t c a r p y b n r u t e r l a u ny nr aa t fe o r c ne oS i y t a n ca fip i t m r o e CC n r u t e r l a u n n a e l fi o t e r u l i a f r o f y t l a n e P ROUTINE MANAGEMENT OF LLP P L L f o t n e m e g a n a m y a d o t y a d n i m o d e e r F C O R h t i w s n r u t e r f o e c n a i l p m o C
e e t t i m m o c g n i g a n a m / e v i t u c e x e d n a s r e n t r a p f o s g n i t e e M s r e n t r a p l l a f o g n i t e e m t s r i F
s e e t t i m m o c g n i g a n a m / e v i t u c e x e f o s g n i t e es mr e tn n t er ua qp el s l ba ur So s n o i t u l o s e r t f a r d e m o S
ADMINISTRATIVE CONTROL OVER LLP
s r o t c e r i d l a n o i g e R
n o i t a m r o f n i n i a t b s o e c o fi t f r o a r n t o s i i t g a e r t R s i f g o e r r d e n w a o r P a r t s i g e R
y t i r o h t u a g n i t a r t s i n i m d a s a s r i a f f a e t a r o p r o c f o y r t s i n i M
. c t e , s n r u t e r e k a m o t y t u d fT o L tC n eN o mt es cr r e ow f n o EP
r a r t s i g e R h t i w s d r o c e r d l o f o n o i t c u r t s e D
y t i r r a o r h t t s i u g a e g R n i h t t a i l w u g d e e r l h fi t s i t w n s e n m r u u t c e o r d d f n o a s n t o n i t e c e m p u s c n o I d f o g n i l i F
P L L e f c o n s e m d r i v o e f n e i a s b t o t r t n e e r c m a f r o u t s c i g o g n i d e s f R e s o y c g b o n r d i p l e fi fi d i c t e i s r i n l o e a r c r t y t c p n e o e l E C C
t n e m e t a t s r o n r u t e r n i t n e m e t a t s e s l a f r o f y t l a n e P
s e e f f o t n e m y a P
y n a f o g n i l fi e t a l r o f s e e f l a n o i t i d d a f o t n te n em mu yc ao Pd
115
7.5-1
113
7.4-3
114
7.5
113
7.4-2
114
7.4-4
112
7.4-1
112
7.3-4
111 7.3-2
111
7.3-3
110 7.3-1
112
7.4
109 7.3
109 7.2
108 7.1
104 6.3
103 6.2
105 6.4
103 6.2-1
102 6.1-1
101 5.5-2
101 5.5-1
102 6.1
S T N E T N O C
I-11
6
7
S T N E T N O C
E G A P
COMPROMISE AND ARRANGEMENT P L L f o t n e m e g n a r r a r o , e s i m o r p m o C ’ e s i m o r p m o c ‘ s i t a h W
n o i t a m a g l a m a d n a n o i t c u r t s n o c e R
n o i t a m a g l a m a f o s e v i t c e j b O
e m e h c s a g n i n o i t c n a s n i s e i t u d s ’ t r u o C
o i t a r e g n a h c x e d n a s e r a h s f o n o i t a u l a V
e s i m o r p m o c e v o r p p a o t s r e n t r a p r o s r o t i t d n ee r m c fe o g n ga nr i t r e a er Mo
t n e m e g n a r r a r o e s i m o r p m o c e c r o f n e o t l a n u b i r t f o r e w o P a m a g l a m a r o n o i t c u r t s n o c e r g n i t a t i l i c a f r o f sP nL oL i f s o i v n oo ri Pt
r te a d s n fu o tP p L i e L cf ei r , r ra e t r f t a s i g ye l n oR rm e o dr rf ot r so s a p pe p nru ayg crn o i Tt d c La n Cf i sw Ni
8.5-2
sq s i e L l n l ua i nc o fi i f t O u l o m so s i r d f fd o e rv e i e dc re or st s r a o pp te o r ny lr l a o ht c r sa o Tf t a Ls i d t Ca i Ns u
e g r a h c y n a m o r f e e r f d e r r e f s n a r t e b o t y t r e p o r P
r e t f a s t e s s a f o r e f s n a r t n o y t u d p mn ao t i s t fa o m ya t i g l ia l b am i L a
r a r t s i g e R h t i w d e l fi t o n T L C N f o r e d r o f i y t l a n e P
e d o c y c n e v l o s n i r e d n u s g n i d e e c o r P
WINDING UP OF LLP
s e m i t d e l b u o r t n i P L L
p u g n i d n i w r o f s n o i s i v o r p c i s a B
P L L f o n o i t u l o s s i d d n a p u g n i d n i W
131
9.2
d n a n o i t a c i l p p a g n i k a m n i y a l e ds t fn s o e l ne u om R i u t c P a no L od L d g r nn e i ol d C fi n u s m r o F
130
9.1-1
128
8.5-4
128
8.5-5
128
8.5-3
130
9.1
127
127 -
129
8.6
8.5-1
-
126 -
8.5
122 8.2-3
121 8.2-1
119 8.1-1
126 8.4
124 8.3
122 8.2-2
120 8.2
119 8.1
115 7.5-2
115 7.6
I-12
8
9
E G A P
r e n t r a p y t i l i l a b an i u l b di er t T i my ib l hp cu i h d wn nu i o s w e c ne ab t y s ma um ci p r i h C s INVESTIGATION OF AFFAIRS OF LLP P L L n i t n e m e g a n a m s i M
n r e v o G l a r t n e C y b s r o t c e p s n i f o t n e m t n i t o pn pe Am d e r e d r o e b d l u o h s n o i t a g i t s e v n i n e h W
d e r e d r o e b n a c n o i t a g i t s e v n i e r e h w s e c n a t s m u c r i C
T L C N r o t r u o C f i s r o t c e p sn no i i t fa o g i ts t n e ev mn ti n s i r o e pd pr Ao
f o % 0 2 t s a e l t a f i s r n oo t i c t ea pi c sl np i p fa o e k ta n em ms tr n e i n o t pr pa Ap s e i l p p a f l e s t i P L L f i s r o t c e p s n i f o t n e m t n i o p p A
l a r t n e C y b s r o t c e p s n i f o t n e mf tl n e i s o t i pt pn ae m n r e v o G
s r i a f f a o t n i n o i t a g i t s e v n i t u o y r r a c. oc t t se r , s oe t i c t ei pt sn ne i d fe o t rl a e e wr of Po
136
10.4
i t s e v n i g n i r u d e c n e d i v e d n a s t n e m u c o d f o n o i t c un o di ot ra Pg
h t a o r e d n u e n i m a x e n a c r o t c e p s n I
r o d e c u d o r p t o n s k o o br a fe i p ep na fit o fn o s e no od i t i n s o os pr me Ip
e c n e d i v e s a d e s u e b n a c n o i t a n i m a x e f o s e t o N
e t a r t s i g a m f o r e d r o n o r o t c e p s n i y b s t n e m u c o d f o e r u z i e S
t r o p e r n o i t c e p s n i f o s i s a b n o n o i t u c e s o r P
n o i t c e p s n i f o s i s a b n o P L L f o p u g n i d n i w r o f n o i t a t cr i l o p p pe Ar
t r o p e r s ’ r o t c e p s n I
y t r e p o r p r o s e g a m a d f o y r e v o c e r r o f s g n i d e e c o r P
n o i t a g i t s e v n i f o s e s n e p x E
e c n e d i v e e b o t t r o p e r s ’ r o t c e p s n I
140
10.10
P L L t c n u f e d f f o e k i r t S
142
10.11
140
10.9
140
10.8
140
10.7
139
10.6
138
10.4-2
138
10.4-3
138
10.4-1
138
10.5
n o i t u l o s s i d d n a p u g n i d n i w r o f s e l u R
10.3
137 -
136 Suo motu
10.2-4
135 10.2-2
135 10.2-1
135 10.2
136 10.2-3
134 10.1-2
134 10.1-1
-
134 10.1
132 9.4
131 -
9.2-1
132 9.3
S T N E T N O C
I-13
10
S T N E T N O C
E G A P
OFFENCES, PUNISHMENTS AND PENALTIES t c A P L L f o s n o i s i v t o n r e p m f n o o n s o i i r t p n e m v i a d r t n n a o s c e r n o fi f , y y t t l l a a n n e e P P
t o n
g n i r a e h l a n o s r e p f o y t i n u t r o p p O
f o r e d r o t s n i a g a r o t c e r i D l a n o i g e R or t a r lt a s ei pg pe AR
145 11.2-7
r a r t s i g e R f o r e d r o f i Ph Lt Li nw od e el i np fim fo o c nt oo i n t i s oD pR mr Io
146 11.2-8
, r h e t ni t w r a d pe ol i t ep nm fio dc nt ao tn n eD mR nr oo sr i r a pt r mi s ig f e o tR n f eo mr he sd i r n o uf Pi
146
r e c fi f o g n i t a c i t d l u u j a d f a e y d b e h y t t l y a f n t i e c p e f r o o n t o n i o t i i t s c o e p r m i I D
g n i d n u o p m o c s i t a h W
s n r a u e p y s e e c e r n h e t f f n o i d e n c u n o o p y m l n o o c e n b a c e nc r an oe c t n g e c f e fi n f r y io i d l r d n na lo l ui a e om nl pi ob i s a mr g eh oo s Cf Ri
e c n e f f o n a g n i d n u o p m o c r o f n o i t a c i l p p A
d e d n u o p m o c e c n e f f o f i r a r t s i g e R o t n o i t a D m iR t y n b I
d e d n u o p m o c s i e c n e f f o f i n o i t u c e s o r p o N
t o n r o t c e r i D l a n o i g e R f o r e d r o fh i t ei nw fid e el i l p b um oo Dc
150
s e e n e o f d e g t i n s i i d u n q u e o r p h m t i o w c d f se i t d n n ot en i u t n mo u i ca up l c ep om s o o rm dc e po l e f c fi c f o n lo t oe a f wg nf n ai oo l r i f i d fi t c hr e n e t e rv i t i f Wa De
11.3-7
y t l a n e P f o n o i t a c i d u j d A
s e c n e f f o f o g n i d n u o p m o C
150
11.3-9
149
11.3-8
149
11.3-6
149
11.3-5
148 11.3-3
149
11.3-4
148 11.3-2
-
147 11.3-1
y t l a n e p c fi i c e p s e r e h t wc yA t P l a nL eL n Pi ld a e ud dv i i s o e r Rp 11.2-6
11.2-4
147 11.3
145
145 11.2-5
144 11.2-3
143 11.2
144 11.2-2
144 11.2-1
143 11.1
I-14
11
E G A P
s t r u o c l a i c e p S 11.4-2
s i P L L f o e c fi f o d e r e t s i g n eo r i t ec r i d e s hi r wu tj r us oa Ch d le a t i c a eu pi t Ss
151 11.4-3
h t i w g n o l a e c n e f f o r e h t o t c yA r t nP aL cL r te r ud on Cu le a c i n c e ef pf So
t r u o C l a i c e p S d n a t r u o C l a n i m i r C
y a w y r a m m u s a n i e c n e f f o y r t n a c t r u o C l a i c e p S 11.4-5
f o t n i a l p m o c n o y l n o e c n e f f o f o e cr na ar zt i s n i gg oe CR 11.4-6
t r u o C l a i c e p S o t d e r r e f s n a r t en bo ot i t u st e i s t a s cn go nc i s d t ni en Po
152 11.4-7
f o t r u o C f o n o si r t e c i wd oi s pr u ej s l i a c c r e o xl et s i nn ai ch tt i r uw os n Co i hs ge s i HS r e n t r a p y t l i u g e h t d n a P L L f o y t i l i b a i l t n i o J e c n e f f o t a e p e r r o f e n fi d e c n a h n E
OTHER PROVISIONS IN RESPECT OF LLP
T A L C N d n a T L C N l a n u b i r T e t a l l e p p A d n a l a n u b i r T
P L L n g i e r o F
y n a p m o c o t P L L m o r f n o i s r e v n o C
m P o L c r L o o m t n n ro i s fis i e mr i n oe a rv p fn o m nc o i o s f c r o d et v c n n e a o f f s c m re ed r t n fi f g aa n nP i oL t i s L t i a x o r e t t sy f i o gn n ea o Rp i s r e v n o C
y n a p m o c r o m r fi m o r f n o i s r e v n o c fP o L tL c eo f t f n Ei
s d i n e a r g e n n h o i t i t s s d fs r i e e ib y vv l u nl n o s os o cs s P t i rd e L e s s Ls t f t a e a os t Pg n t i Ly in n ti La r ’ e np v t i s m nr e so t oe s c ct e n vr ni o ay y t m ci t r y r r e p fi n u a c or p e re i s pl m‘ r o la o l A e Cn
r m o o e r t f a v n i o r i p s r f e o v n n o o i c s r e o t v n g P o nP C L i t L L f a L o l o e o t s r t t y c s n nm ea p r o fi sp i a s m i r x v oo ao ry tc pn -d e a m e rp t s e ol i hm c t n o n Oc Iu
160
12.4-6
159
12.4-4
159
12.4-5
158
12.4-3
158
12.4-1
158
12.4-2
157 12.4
-
156 12.3
153 11.4-9
155 12.2
153 11.4-8
152
153
11.4-4
150 11.4-1
154 12.1
150 11.4
S T N E T N O C
I-15
151
152
12
S T N E T N O C
E G A P
p i h s r e n t r a p f o n o i s r m e v r i n F o C p i f h o s s r t e c n e t p r sP a a xL P aL a t o n t i e n r mi e o n cm t r r n fi a I p s a P L L s e i t l u c fi f i d f o l a v o m e R
TAXATION OF LLP P L L f o s t c e p s a x a t e m o c n I
P L L f o s u t a t s l a i t n e d i s e R
P L L f o t n e m e g a n a M e v i t c e f f E f o e c a l P s r e n t r a p o t n o i t a r e n u m e R
165
r e n u m e r f o n o i t c u d e d g n i w o l l a r o f s n o i t i d n no i ot Ca
n o i t c u d e d g n i w o l l a r o f t n e m e e r g a P L L f o s t n e m e r i u q e R
) ( 0 4P nL oL i t c f eo s r fe o n st t r i a mp if l eo vs od bn aa dh i a t pa nt op i m t a e r x e e ne ub ml l ei Rw r e n t r a p f o e e n i m o n o t n o i t a r e n u m e R
e v i t a t n e s e r p e r n i r e n t r a p o t n o i t a r ey ni t uc a mp ea Rc
s r e n t r a p o t t s e r e t n I
) 2 ( A 0 4 s / u t s e r e t n i d n a n o i t a r e n u m e r f o e c n a w o l l a s i D
P L L y b d e i l p m o c e b o t s t n e m e r i u q e r l a r u d e c o r P
n P r L u L t e r r o f T e I t f a o r n x o t a i t a e c m fi o i r c e n V I
p u t r a t s s a d e z i n g o c e r P L L
T A M f o d a e t s n i T M A
e m e h c s n o i t a x a t e v i t p m u s e r p o N
P L L f o x a t e m o c n i f o y t i l i b a i l s d r a w o t r e n t r a p f o y t i l i b a i L
FOREIGN DIRECT INVESTMENT IN LLP
P L L n i a i d n I e d i s t u o t n e d i s e r n o s r e p a y b t n e m t s e v n I
) P L L ( p i h s r e n t r a p y t i l i b a i l d e t i m i l a n i t n e m t s e v n I
171
14.2
170
13.12
171
14.1
169
13.11
168
13.8-2
169
13.10
167
13.8-1
167 13.7
168
13.9
167 13.8
166 13.6
166 13.5-1
165 b
13.4-1
166 13.5
165 13.4
164 13.3
163 13.2
-
13.3-1
164 13.2-1
163 13.1
162 12.6
162 12.4-7
162 12.5
I-16
13
14
E G A P
e l a s f o e c nP aL t t L i mn ei r t ,n t e n em t ms ye av pi n fr o o ef dg on mt i r no op se nr od i t n c a us rd t s e ne i c Io Br Rp
r o f I B R y b d e fi i c e p s s t n e m eP r L i u L qn ei r t gn ne i m t r t s oe pv en Ri
8 0 0 2 , t c A p i h s r e n t r a P y t i l i b a i L d e t i m i L
9 0 0 2 , s e l u R p i h s r e n t r a P y t i l i b a i L d e t i m i L
1 2 0 2 , t c A ) t n e m d n e m A ( p i h s r e n t r a P y t i l i b a i L d e t i m i L
283 SUBJECT INDEX
270
u
235 u
174 14.3-1
177 u
173 14.3
S T N E T N O C
I-17
APPENDICES
2
C H A P T E R
INCORPORATION OF LLP
srdedP s a e nL l e i bmaL nm a i i sf r n s i r c o , us e s e ) b[e n ’ c 2 r t i lt ( f n r p u f 1 a fego p1 wmn d n aui edo l n e r i i t yca t e a c not t n s e adn i gS tnog i [ o u e s cr i s e ot , e ] dl a f gr y o fu no ns o r i a p s y sy rpe r s b r o mre a d co r d cn d d e ica r‘ db oe a,ar i s f l i s f c ds ef e t ne oon a n t iar i s c o e uep i ov t bme sa a s i ab hc dn a y nyoe,a aesss chsorm p sTAoes n . f nt rt a o i p r of n a so , o r rmepi e umfa t ppd o a o et nn sm r . owaesr] e r o k eo 8 r mi f i dn 0 l rvms 0 di oaei l r2 ae oh a M , d t t t hc wi e nt od A Twt ao
2.1 INTRODUCTION
f Po si i L1 g e 1 L i RF e l h u m t i r R wo [ yfp ] l n l i i a h cPs i Lr n e L of n ro t t r c ea ec P l i e f y dfi t eoi l l db i f e a r ee i bt L sd di l ge u ei t or hem sh i ttL n rf ee o mvn uoo n co i t oi a dt r c o. ni ] odp9 r s i i t o0 r a 0 uc2 r ojn, pgis r rno e i l ov f u ca nh R m i r P ero a L hr FL Tt [ -
, eoehe;aa, tdn tn r hct hd,rn n u ott u et aaee t o n t sha m w ) mr p e n e , u c i e h e ri(t uh u i m t h t i ovt ct os ihs a oanww uccroe c e w e oocedd n n h b d A m v ti na t t ni dd tr om wuaeonas a ) i t t c t o o a a si s (sort nCpr i t y e -sdeS a t ol denn pa ai r n e l pu r n i o ri oe ei a h rr h b i t o s p t t oe s h m a a ua rt r ch tl f i r i n nt obr oeoe h c n adid ploc rt p n yte n ru a r i bntea ofrur h a i t cwostpe um c s e h o n t nan i oc it dc i yta l g liie t e n d i h ce A e l A t m baa R h e i i l mP t i onof ebw,df L a a o t e t h i gmronL p setl r g e n i e sh nebhdnot h i o o l r t m f e i sy h i l l i t t a t r raawiadha e df h n m r e d na eo m ie rsdl bCr t bt s i e c t i r l a i e r n b a ei c rt he rorn i po hfs r ofce yfemctee esm b b h s y r t f bue t ue i di r lpa l crol r i er nsi a o t b p e t c i eh ou d c aas hed e i r s q i i t bnb l c ehe f c w f e g e douo n r yo r i a S essi e e a e l s t t l t gn dh i a a h y a m n n e r t t msh n eol r ose )eas i ya l lnsp t i n rat(mpo aoi s , e at m rsfosidto r o a g e c hyh a oe rn eent Cwbt Fpp ifras
2.1-1 Incorporation document
a
b
c
-
18
s r e t t a m d nt . ac nA oP i t L a L r of po r) o1 c( n1 i 1 fn N o o O ti I ct T ec C pe U ss D e O r– o R t T ne i N I ,r h e t h i t wl a dt en i l e p d i mc on ci nd en ea bt n ee vd ae hc re e r dp Para 2.1
19
e e ) e s h i p t et r ch r ah(rhe t pt s patnur s p e e t i est t r e h e n a a b ) a n sb i t t r pa t y(se r os ta ap d n nt mi)te)eop h r t c ( y r s(a a sr t ppann i a l ei i oog)b nh y i i h mt t t s s (a i a e wr rrrl i dnl oaei b o o s p n f d i a n e p t e t . yr i at t orba t l c nia so riA l d p m o r c i o i ee t b i n p yi l t ea pi P t erd bl i i L menroe l i c i hoan db sL lt )e of a o i p e t i po i hn l (i hfh o ) w —mdtos o r2 h iefc r ll ( l spp1 to e a ei ie1 n a n hh h mee h o t st st r i s c n f r r a tflio gi o f e e e p o n f n t i e hos pnn c t e s y t r e mmf t e e dr rs i a l hp e ed uao i t c– r b cn se d ynd ft ao oe s tai o e dh s e i cb ni dl l i s g d nti b i s nr oesenee a a o t r u c i t i r i t lt s a beeid a m e t r dhmiddar e m t ose p alat p e r)sfnedirb h o m n o(oo t f n c pse ai li h d f o y s ne t o re a eer i p b r e h em s mt t ei da r hs e r hc aft e dt ha Ts snnooa t
2.1-2 Contents of incorporation document
f
b
) ehy l ta (b i —awm hdh es hi ni c n ah hu sw cp r i h eat wbeu lyb )l o a s . (h we t ) c ste 1 , ( opA e 1 uP utr 1r d L ntndL e e ob nf t i ao t x o c es) t u ee yo 3 s ( rvah1 e t m e 1 i dl n h n nec e o t i ubh i t t nc o tn wae n es hs memt– r s o e ed s s t t e e a ale t ) ep s r (f obu ar tr sotoh n e ; k e ena ks l al ml l a a mf e nh v os i neshf i obr o ct sop i r t e smhd w i pw n e aohet t n i nw x fk i e f I : s w o l l o f s a s i e c n a l g t a e r u d e c o r P
u
g n i t i s i v y b P L L h t i w C S D d n a N I D r e t s i g e R n o. i n t i a . v r t o s g i . g p el l r . rw e w s Uw
u
u
me rb oo Ft [ s Pa i h L t LI i ] F p i mh rr s oe f n pt r ua lP l i f y ,i t e l i mb aa ni fL o d e nt oi i m t i a vL r f e o s e n r o gt i na i r n o i a p t r b o oc n ri e t r f o Af
e t a c i f i t . r ) e A CC e( r y uc t a n ne gg i A S ln a o t i i t g a i c Di f ni i t a r t e b oC da l m u oo hr sf se r v e o nb t r a a r po dI eI t s a s na gl i C s e ) dC eS hD T(
e ,hn y t t o l i i e i s t b vwa e i t r w ago n p d nor r i l e o a a t c s l e n A ei r dr .a o P f o Lmf a L m e h N er t n Ubo o nF a[ e Rc l P m i b a reL l omL i f a i a F v a nn ] p s i mi f e i r o h h o s c m fr a n i n e h n o i n i w t f t t n a r y ov a t i nreP l i oemy b i s u t a te ci a l r i ol v i a b r rda v e oni a s e efoL i m rnt d a o r e a o i r t t n f o i a pm k yi cr c l i l oL e p p cf h pp no C Aa i
u
u
le da l rs u otb hnu ses C ’md s n r a o e r7 nf t . r )o r a peN b dmm eu r t o a f nNn gni i oy s i e t l l a dc a ‘ ic sf i i a n t o . dnr s e t ed m c t I r a e l o nre o f gt i l g c s a nc e e i dris y i l y eDp h b(pp oNag I y t Db n stt i r d enn e ngee d t ms r n a y nl par t y en l op ve ou wp TaGq
u
a
c
b
e -
d
c
-
a
g
2.1-3 Punishment for false statement while incorporating LLP
2.1-4 Procedure for Incorporation of LLP at a glance
-
s oe ve df ay ( a lp a nd on i s a s e f m o r ro pf ae dh nt P a d L ra L eo l F np O tU r N a . O p) I T dA A e W R t O aC P nI R g/ O i S C s N eC I d/ yA bC dg. eny nil l s i gt a i c ci s yan r l o pr l a / t t ec it g e al i d ce . d e p m a t s y l u d s i . h s c s i e h n w s i t u n b e g m n e c i e n r g e A m P m L o L c f r o o y f p y o d c a e l r a n w i g o i n r o s d i n P e L S L u
u
]d mnmp e r rit o h t ot os rf i f r c m de e h b nl n t i u t ae w r ) s )r a t t erP n o ene n y t h mr t t f i . I eail e i. l epeb b r ddana o g eei i y L Aa t t t t a a i Pn d r p me Lg oe ibt b p Ls i r u m oes o d t d ic l d/eLn u rrb fio e a o fw nnn gt o er a s r coee a i t hp t e a s a t f dl i fl ir woa ofa t pon nte n r si o do oe y i t t c m en ai a thi dd mn d T ri r0a o 3 . o op s , f f s n pe i n y I aemh a ( ffrtd i o 3o h t Fw0 mei [ 3 rcw rn i P o ot i i y o f f L l h l l eNa e t Ls l i (ci i tw Fi F 4i
u
l l i w e6 t 1 a . co i f N i t r m e r co nf on i i t a ) r C t s O i g R e( r s e di nn aa Cp Om Ro C yf bo dr ea t r a t r s oi pg re oR cy nb i ed be t ln l i a wr Pg Le Lb
u
20
Para 2.2
-
-
s t n e m u c o d e l i f o t s i p e t s d n o c e S . l a v o r p p a e m a n g n i n . n i a o t i t b a or so i p pr eo t c s n ti s r r i o F f
2.2 NAME OF LLP
. ’ p i h s r e n t r a P y t i l i b a i L d e t i m i L ‘ r o P L L e b l l a h s e m a n f o s d r o w t s a L
de em t i a mn is l t “ i sf do rs od wr eo hw t t s ra e l he t i h e t es va a” hP L lL l a h“ sm py i n h o sr r c e na. t et r hc a t A pr yoP t ”L i p l L i i b h f as o i r l ) e 1 dn ( er t5 t i 1 a mp n i lyi o t yl t i c r i e e b s va i– El
r e h t o f o e m a n o t r a l i m i s e b t o n d. l n u o os r he sp hr ce i h h t wo ef mo k ar na e vm ae hd a dr l t u or ho sy t Pt i Ln Le
. ] 8 0 0 2 , t c A P L L f o ) ( ) 2 ( 5 1 n o i t c e S [ . e l b a r i s e d n u e b t o n d l u o h s e m a N
. rf)1 o e 2 ( hk) 0 t 2 r( 2 o a , y 5t nm1c aenA ot fdi ) o a tn r c tt a ee d he Sm t d r–n oe t t9e s gi 9 ng 9m i A e1( l b r ,P t mac L rAL eo s s e yk e r d ynri a a l r pMv a d emee nod d ocan oare t rTm ro ea op he li t a b h cs ro i e r t t e dd n enne dtus r i a o np tp o oo nysr r t i dl e p l ip , u b t oarc hi leA h sd P t ee o L t mi yL amn f iao Nl a
b
,eP t c mL Aa L PNf Leo Lu A fqe o ir 6nu 1Ux e nen v or n i t e A c s ee n s Ri r( d e e dPf i ] nLi 8 uLc 1 e 0 CN p2 OUs0 s RRa 1 2 m s. m i ore f . ro e e. f ff w d ( ensd vie e r neg e ofn s i t da e a r eh cb tl c i i o r gpc m r epso baef r g p[ dn ) l i h9 u t t 0 oti hiw0 sm 2 ) b , eu P s e msLl ayLu Nb –R
2.2-1 Reservation of name of LLP
gn ni o ot l a a r eo p dr ao mc n ei br no af cm r eo mF a[ nP i fL o L ni oF i t m a vr o r f e s ] np e i i r th rn s oe r f e m n nu t oc r i a t oP a cdy i nt l p i oi l pi b ata a r ,o i y L l pd e r vo e i t t c i a n m ni rh i e tL t i l f wo A
s yee e r l bhe p s t n pyn o t aa p ir o ymtar a upp msoyp a t t i i l neei h oesb s e r sf ae r i hml e n t pcadr une a As tp ai -yf m y bo ii t l . lt dndi bc eoe i i aA t s n a oi lP av p L P pr L odL e e L m rt s pi F oe f O cr mo c ai) E aefl1 M h a o ( A dt h6 N 1 nrec aomi f n aho rrn wt i a e nr oc e t ni e ht s t ag es me m– ) e dR am ne(na ah—en t h s t moa s t r t n ) i d oe e o g f ( i ba t rn hi a cr coh i ucl ; p ssp c e i ph r o np as t i Para 2.2
21
Procedure prescribed for reservation of name
feeddn o h h o o n i i tttur t n c toe oa et e r ps hg mtt a– c ye y ,n rr aj r a pb e aor ut ft t ns n e s a o, om i g m dd dae ne en e i R t as f hc ee )t t i e hh 1 j t a ( n t e 6 s i r ey 1ste vb ninbrn e e e oh s o i mye t i t c fnara ei rm,m t s , e c ryvhA i a c t e o i n dm h Pi n Gw Lf r l ua a Lo e r r e nt ft no t os n a i i eo)d t g a eCt2 o e cR ( i 5 h en1 l t p s h e i t ph nm do at o ,yei ne b r t v f c ae . r t d e sc e ffe s s hA o dbe t n ter p birinP o e c i i om L e r s bt L c cs e od f r ee e r ptee o r r nrser ) h 2 opl m e e t ( e f ph 6 f1 uae Ut o rnr
nnf eoo i ) vs 5 es ( s i8 nm1 i be h l u t i su wr R o[ Cf s Oy y Ri ta ynd u5 bt 1 dr eon i p t h a p t . co i ] i w 8 n e 1 un s 0 t moc 2 e0 ,f md 1 e oe d ct 2 c f . ee f o bj . e len. r l o w i i st wi d a eei ce d mmi f n t aac e nne m fdr a o er9 nto0 osf0 e i n ge t 2 a g , vs vui r e sgl e feu s I e r .bR l s l P ey a L ha hL Tds
) r6 o( f 8 d1 ee vl r u e R s e [ r eC bO lR l i y wb dn eo vi ot ra pm pi an t ei mf ao Nt e -a d m o r f s h t n o] . m9 0 e0 e2 r , hs t e l fu o dR oP i L r e L pf ao
,yrt ndkc tau] olri li u o a i r 9 t t ombo h0 e n t 0 eh uhri vseptcw2 e e u eedR , S s a a r d mr e lye ,a Pa l l ta ( u eNdrcnwR a o o .eel m9 l p ] r d l , P t e a0 ma e a t L N0 Fy s oeL i , aCbf l d2g n,eah t , s o r r e c o ae t ) c n l f n n su 2 o eanl ( l8 mR eCPai r ePm , ,l l uw1 n a b e Lao ps.l c n m ni L i u t I n c ,U fP Eo i R ,e[ f) L ,nk y e u n o l 1 L t t n( aMaa i n g 8 r co o1 ,Bo noe i i e t i t t h et a kvt a a l s l d i i u u o Nll u A i a Rx,s s, v e [ee n t y n0ovo mnr t i i t o Caat e5ra t , b9ar iNn a 1 l t l e t,i .uu a t p o m d o g nciopec a e dAsorwcr , ) t C l A e o e e u vehl s l h dt osi ka a ef husi srnlRtro s e o , eeee f t p t l r mofmnna a o e e v aread ho r npb NiaCr emt.s.,p e i c c sp hf o r t t e To Pe ne a i
sndd3 t eeot c i n1 es j sard r e b e o e c of pn t eor a od hro p t cc2 fen e1 o c i h i 0 et et2 nc . bm/ 9 oan r 0 o20 ep ar.2 r e ocfo, ht s PCNe rL O rl Wo a LNl u -e u / / cy l cR a nn r P vi aa ocL r uprAL smpC f p noa o i M) ,ce g nelp h e i ( i t t k ) c u , 2 nt nt ( ac i i8 bert1 s p t ne fi h n I o l cilu sr a f s Aonr e oo nrni i o st o s s i u t e bAcf u o nMd r oCo p , / r yS prd r C r n noa t a , a o cA l 2 u oCyg 1 l t n 0 fo e2 so r i
nl d ou i t o n eh vs ee r m Pa ( eN . m9 ] a0 N0 2 d, ns al e su mR eP l b L mL f Eo f) o 1 ( n8 o1 i t e a l l u o i R v [ n0 i 5 e9 b1 tt , o c nA d) l e u s ou hr se ep o mr ap nm ei hf To
2.2-2A Reservation of name
xvi
proviso
-
a
b
Name reserved for three months
2.2-2 Criteria for approval of name
-
Approval of concerned regulatory authority
,yrt kc tau] rl ii o a r 9 t b h0 o e mu t r hc 0 i ept 2 deuew, aSds aRl e r , e y l l t a a cnwu dr a o R o ee l l p r d, l P e ma et t L FaoeL s y i ,a Cbf l g a h er to ,o r ce ) ftncn2 n o eanl ( l8 P e C P a i r , L m,l uw1 n L a e ops.l F ai c n i u O nn t I c ,Ui R ,e[ N P nk O L,u ey I l nt T La t Maai A R gn,Bcr oo O noe i e i t t h P t vt kd a sa R i i l l u Nu O x C e,ssAa e e,y N n t I ovo mnr t i t o Caat ra t a iNn r, a l t l e i .uu a mpp d o g oa ec io e s rwcr ,C t Ae e o h l ves l h dt i k a a s ef i nl r R t s ee e o o ,n f t t l f r n me a o eav eadrho bNiaCr t.s.s ,p e c c o r p t t ea Pe ne i . s w o l l o f s a e r a s e l u r n i d e n i a t n o c s a s n o i s i v o r P
r ee bp to o r np lm l a i hf so pn i o h i t sn r e e nv t e r r a P p( s ye t i m l i a b aN i l d dn ea t i s mm ie l l eb hm t fE o e h et mr ae nd en hu. Td0 e5 -i t 9 b 1 i , h t oc rA p) ee ns ou w o l e b d e n o i t n e m s e i r o g e t a c e h t n i h t i w s: l l d a e f v hr ce i s h e wr ee mb y al l na r Ae -n e g t o n l l i w
n o i t c e s y n a o t e v i s n e f f o e r a h c i h w s d r o w r o d r o w y n. ae l sp e o de up l c e nh i t t i f f o I ) (
f eo mi ad nn ei hH t r fo o h ni s ol i g t n a l E s nn ai r p t i ih . d si p nr i e h Hn s r t tr e c n aat xpr eya t p ei l hi y b t t i al si i i l b eda i mt el ai d nme t ii dl egm s i n l oi g pt n osi i rx t pe s i e x n ha e t n fa fo I ) ( e h t oy . t ea cK ny aa l J b , . mP eL s L e r . K c. i J t e , e nl op hm pa ex s e or l c o f a, e sc a n he t ei s mx ae nn i dP eL s o pL oa rf po ee hm t a fn I ) (
t. n y er l t a n vu i u o qc ee eh ht t f ro os e ig r a a ku ag hn aa Sl l ,a e n vo i t i a g r e e r pe oh t o Cn i de ’ rv oi t wa r ee hp t o se o dc u‘ l d c r no i tw i f fo I ) (
, reyc om nl i laab a su ne r p t ade n e,uR . l Cg c , . l n a eei r h,t o e t id t fe fyi o f tF txl , ei gsea autr njnt oson rece c t nC n a i , at a pt n o r rs i omen c U un nc , or ia l i i t e c n. a l psbot c i i a s t c e r e a i i l , t s i N n r t e a a s puda p , n a etuhr n he t ch t mdus e s sn a m e s r R t ed e o , t nvern nodoe oGewd c bei e hs ttyt e i a a r t fP fS mo I ) (
s, e yt tt a ns a yt ae a gh S hg t r i co wunn s . ’ hao n a P c i i o i n d , i lU n tha c I ewpe i t h nn h c s n i t i t oenh i t cmui r B rnMw ‘ r oe sd s d nvat e r oo c i o t ghe c a w i nu n c g s n e o i o s e h s e r t c s i o s a t y f i n sa d r i e oo a f i h b t lo t n p r u r o e m o ah c i e t lo e et a a m ml cy on a au sla n n h r d dnt o o i e eC . w t s d s o o n r a e p ponh o o s o y m i i r r t s r n c p p s a r e eaePe h hbn v a n t t m l o oZ i f I fEc G I ) ) ( (
rdn eo ac la i u f i l a , od dl’ p n h epi sI t h ias d pe mfr i ioe h l e sm nr gmt a en r na i a nP t n t p s r i L eya x h t L p et i l e egi y b h t hn ai t t l i i i f fvl b o a d o h ae e i sf l t c e i n momde e t ii t an t l ‘ s ne mx s i /t die l exr ) meoi e e hh wl ah t nt ee eohDf htt(o e t sw yr s l e mn oe i oofrv r ePn p b f i ni sa th d t n se ie r ee kdw r n c n e o aIl f t , f . i r r l e d a l e dabp e t spnm i t b y i i h t t t ao i t m i l i xn i fb we O I ) ) ( (
-
ix
22
Para 2.2
-
Rule 18(1)
Rule 18(2)
i
ii
iii
iv
v
vi
vii
viii
However, if NOC is received from LLP or company, name can be reserved.
. p P i L h L s F r O e n E t M r A a N P y t i l i b a i L d e t i m i L s s e r P
t n e s n o c e h t s. s d e e l c n u ud ,o k r rp a mn e ee db as r a Th dk er r a e t m s i g e ed r a r ft o e eh mt af no r se e dn uw l o c ne i h tt i f fo I ) ( sde e c e l n v b r a me d sr ee s o rc e r dc yna l an r a ai eir nda n r oI t oe s t i dg ri e s ot r hu t e oh i w t d leh a t t a cr i i w t o n py er n do i a cp s i nm ei mPo aLc nLr dro eoP s m . L or s Le pi l of ra,u p mr f r e eoi s hefe t mhh ea c t s u n a h st cey i hbw nt I ) ( e h t f o e. mn o ai nt a ed hu i t q sl i e l n b i my en s a e p r m yo l r c a ea nr oo p oi t h rr s oe hn t t i r wa p ly a ct i i l t i n b ea i dl i d se i t ti i m fl i I ) (
. re nla ao l m mcu a cn fi ro e te G rh a m ,r pt h so ti n i a f t i h d r e t e Bmf t ,o a or h so csr nse p ein r r o e g Fr c i n e eer i h kt oi s i l stfh daec rhhi otth yhw wf tf si si e two da ne uso m l s i c t a r ne c n i ee n et nh mr nt aao, npce c eda dh et np l s osar no ps oeoy l d r i t n e p r a t t t eurn i o h,b . u m t c o t ac fe O I l ) ) ( (
. f eregul do fe hi hot naa t ne s n fi hhim se a e o t e a c t bb a t datb us n ucr si of o o l c va rheo ndprotb e i aseen g t l l p,aftia n u , a i t , t a t h n hh n n yi sa t s ol r ti nse c e s n r onmno s I nu o n e i t g d o r s f r n n s e e o c a o pcrwivet i n f p o o a ya orG l e r a t d r l i vep a o l e f i r p o b eoher ae bgtho t e e i r ytc l lh vl a i n tbgi dht a ahfdnr ec i t o c s e n i ,i o ltr y d f mr e i n caen i n m v lai n o ft auiot i m s e g s o r a o a o c l eCn ee i c sh c i d l ms enp rteb h ayo , up t e nn yoa c awmma f. dp ra o foP em a nf rmo L s l o i sleL l m pomda a a ig ociev v s y n rss oti t pd ooi res t rhprr phi p c t o o eo pt x urph hw Aa e spat t ) (
xvi
lytf esa ao r d ur e rt o uo d t t e u a n m l n ewmu a i ve‘ a n gt ‘ hre , ’ b f t o r g oo ’e nsl e i a e heg k t d t b i nup fl n l ac a aol Bn Clah a ‘ h c i e vs dy r r oyo nt ur ai t ’vtpin n r i p e t e o aoi cc h V t na e t ‘ a a , hu s ’ r r t s g a o ue ty nu p sn i r ni k oro I s n oc h ‘ ua t , t ’ a n i b k l Bw i u nr‘ r ao dego e B’nmr f ‘ d n e aa o f n ’ n e o ku i i t fcrla l a a slni l a c vi da r ruu l mop r ots i pp s wun . mIhpaP s‘ ‘ A c fL e , u.o dr’ L uoksy g e n t r i l ’a l r m o c n a B ’ot it nt i ‘ d i h i s ent tp ex i i uh ku ai fc I lfate ) (
xiii
-
xv
] ae gm i nt i v oo rt pe pm ai /t gm no i r t f c eA l C e s M ed l i n h a wA dC nD i y mb nd i e u ts p s ei ks r a el r u a c r si e c l p n i o c nd i e r s pa gb n[ i — we om l l o a Fn
eg be tr o r ne h dt l o u on ha sf eo me am a Nn -e h t e l b m e s e r y l r a e n o o t t o n d l . u y on ha sp rm oo lc a cd i e t r n e et di s i
-
Name Should not be similar to other names
Para 2.2 23
x
xi
xii
xiv
-
2.2-3 Criteria for approval of name of a LLP
d e r e d i s n o c e b t o n d l u o h P s L L e F m O a N N O . I -t T n A e R O m P n R r O e C v N o I G l a r t n e C y b e l b a r i s e d n u
y t i v i t c a l u f w a l n u g n i t s e g g u s e m a n r o e m a n e v i s n e f f O . -e l b i s s i m r e p t o n s i
,efn ,ft f tti c c n o o oa t c n uAea i lm reo sr lo pe nt ema bu tmP os h n r s n i n mH i t rh Te s rey I n i ( l e i m a v s .-va Mvisn o0 o r d r5 .GR oC o e ) ni p9 1 ,, Gla t m 10 a y g e, a a ib t t0air neN d a l c 2 l nPdom( F o i A aC lI,et 1 i i s a f ) nR a v 1 h un e n o ,H ds ts 1 onn o ernN i e o nU2t a o g t i a rdn i t n GdI f de n a e o l pt nUaa sm u r i b n ooaarm oa & i e hrdd ots n l sp1n ogb ral em0I ohairm t O mI0,nada f 2 O e l ao/ rMesa / i e m c , n 4Hv o Nn2 i n g yag o.Woa -i ngoo G , t v o arlL O n a o , O p , eN t r t lo v Nnh i s m r B U e ea ve u oi jc r da lfi Ctr e Pu T ( cosRe l s M e l r ha si a e r . ,t ) e ndr n P c n m m,anolto r n n a i e t v t i o ai es nn aha Ndf Ci s eh wnWi eomB ,am dt , srn e e t na ie t s r oSm t r ae i uaa mnt ao st yC spp Ia a i f t e me a s h i o N i dr t s erb , na t l e i sta h s a b h Sh t i m s n g i g o d ii mo a r aO r rrR nn ip Et SR o I s i s n o i t u t i t s n i r o s n o i t a s i n a g r o e s e h t f o s l a e s r o s m e l b . d me et i b ei hh t o r fp o o es s l Ua
. d, .,e s s c n r o k ru t h e a h i oh e t l t k t wT a u assnl .aiudE0 s ‘ r d ys A o n ee 1 e n i e kc k . Wi ,H s rhl l a .u . R e s b s e . owo s i khdi s d k l r i l ge l eG aoa nrt t l s t i ,d i lil 0Wp d l aamar5.a emrno.ec s r o l W Ron sei s t p i r .a lc e a h’ mt e h nnr t i eworoi1w p e . i r s t a d m t c s a n R c e air I t t Nyo 1dsi . e i e n pk s lm s -ar R i i a r r pol t e ssoi mCd i p p lha’ o‘r t a c g u cdo t r n i a f eoWp i i l r n w a i d . u e h c s e t t w-edht c s r w a if enoed mu s l r o i a i c ern r t cc t e ot s pa i5hi r . tt M t mg‘ s a s Ruros ee ’ a e y r r s s p f g d i i e el tU ar n a d a i gater/s s i a t u ngp e t h i i i na B t r B i m ‘ s , wc ,t’ e s r a e gode us i e l gl p d dr i s uo nI np i sI sf r i
syede e nmt em mao aa apc dn nme s 3 t dob9 i . ecs/ d t da4et a i eh.gL n o t v hi aC es Nh t r ia T rcI bl bbhaoo t l a As t gutt c d -e n d r i ee i t nwc g t i aoA n ma ,hC r s rh e vyDec eb[ps n sa wmo a w ort i w. Hoa . d .fid t v d e t L ceeL r t . na bso ai l l C t vbi s eaM o nr r c i tbehc d b s t a r ano b i l fouC o etdi T hel h e n t l m i e a naf i i Dd s dnt.n i s g et I n . i e i . we d n-t og l l nw]L a ao3M 9 th n9 o ck1 C ny . l3 D l eae . 1 r o mw3 a t
sr d e e t t t t e i l lm l r a e mp se hb t i n wa gc n. ’ i d t r t a L9 . t s s 9 ee9 i 1 mg. o 5 al . 3 No1 n -h d ce et Ta 2d i 9 ‘ 9 e/ k6 i l . ( o sN r e r t a t l e u l c lr l i a c mt sn ge nm i t v r aa hp re oD
. cn9 i u t 9 e o 9 nn 1 . er 5 ge . 3 ep 1 no d or e l pt a a rd de nh 9 at 9 t o / s 6 h. ft o io ewN s r Uea l -bu d c l r u i oc t hn se tm I .t d r ea t p t i e mD re t i pg tn o i nd e se i c ’c K u 2s Y/ ‘ .g g n . i e d ee c me ar np
,. t g i ny i f k i t ns au bj s ,e k c nn aa bt es km i u l c sr di rc os s We l -n u d e w o l l a e b t o n l l a h s t s u r t d n a t n e m t s e v n i
Words like bank, trust, investment etc.
-
No violation of Emblems Act
24
Para 2.2
Name Should not be undesirable Offensive names
Misleading name not permissible
-
-
Abbreviated names only for established company
Names starting with small letters
Stand alone genetic name not permitted
. itgo grnt n noo n r N i i ’ aet e r bechmaa c B c r t i r l snena d a i t u f r c apnr ru a veii os t y D y e nl c e-ac i n e‘ J A s o .mC d , 1 y er t 0eD codi 0m nwer a wo0a– 1 o h e n r d l t 1 uhl e , u iy sta t t h l nheAl i r i t e m a b y eil l Di r r cwl e o m i new w t P i ip a eS L Sm l e L N u e a F -n ,-b mgs O d ,aeu.l E R r 9 c9 u M on r o e t i A ec 9h c C N h 1s et nt. s 5s fah. r eo ug3s. t e u 1 a s t 3 n a r va nn ds i 0 i I e r 0 pp ntu2 d o a b sn oa d C 4 ’ a t r , ’I1 9e 5 yn 2 r oBr9kd / t e o i R n t r w6b e ea . t hoo a rrt TN ed ooi p , c3 f rwg rn0 dogna a0 i ecn l r d u n i 2 u/ l c i ekt s l s u r pr i n9 u i i o‘ 1 sBc ‘ edr e bea t ta o A nr0 lo2 l p a r6 ho s sc / ’ nu d i ne s i ub h fo . d0 l a ti0 ugN0 t / 2 n u . i 2 mos4 . ‘gC1 F dyB rl l d oa Ne uta wt t ad gc h na t i e e n s da r i e a a i e t f l si n e oerr i a cn l s s eace nr mpe ame P Nob B -csI ha P ch – ut . sI s s.d s s dn e l u nf n ul uf a lu da eu t t tu t i mum t rmo e sn pa
fete o r kia i lmw es rt md e f arp o noes fwbm o gl lo ni ei r wf gn ni)d aa. t e c hn v t i Coe r e -csd r e e mt s aui. npe9 .mm9 g 9 . o oc 1 e C ( 8 e n, i r e 6 s a ct 1 wai d f p ts f o e t r o sena o d fbi o y e t sCr s o s a ,p e r e ne l le i a b s r i uyt s ns bCa te e ,t c sr r ea bp l f B wuI e r tsP ofao t f. ySi s n,ys asle y n ps n o i mod s f u on eb cI t
,n r o a i kt sc oe l j r b i Ko .o g n . e n ( i ea mt ab no o st t i C fO o tR r a f po se a c. i s t ec e ma i n ara npp pdm r ua o od c rn g p au et s o s r us g oir t t i e s) h d. t c nt o ee t m n ao i t r Paf LTs r L,e a l t ai r t fB e I l
rh 9tye c l 9e c n i hh pot =s yow 2e 7rnno 2naat r p Lim y o n y n Ce a o Sv crp a 2it i m 2ga d o s s i )i h c 9 by 9Ctu osb 9Ot 1N ( df eo( ht t cc c y ui en sr t p a s fe sp i e . trr m) a snoe hi icm t n yha do l l cn ip e s pup hs i asu sm .a o yyr v lbg wrl e a de tpi ce i s tu ,ht ) a a c . oo d u ml t as ofd M,t re (yuet h 3nat n 4atr a 2pour smnfg o a sys Ccena o aw ed pn pC mo dmO ofn o nC oacN I Regional Director
Kilburn Electricals Ltd.
Para 2.2
25
Names including word ‘insurance’
-
Name of mutual fund
Change of name reflecting software business
-
2.2-4 Obtaining consent of other companies in group for using group name in name of a LLP
i.e.
. ,nee] 6kyeta . 9rbmhl ocme i g s i 9ada l o i ab ot 1me r c h i n ns h a cl R s y ’ s ai IeutpKf y nm Adsao,f b h r c a o i o r T -r’ oe ds t g v r e e r .ne a nt p tk e n swic a t hsoi sepo i s o r e l o t t a e on l r a s drteHps i i ‘ . l u h se’ , K m e i f pten ‘ f he m y , a e e o y n n a h s rl m l g a r t n a da n p u a r wn ee i dnm ss s t n ee Aa v n r e t o i e . a E n h c ,T e p e ) Ge.a l ‘ s C. , s[ve s fbe i . n a He y i moss s mhn naeo a mada c onnpanmph s s .B l a i sami v a c n ’ s ( ’ r f o i s u tf e 7ee cr s n a naon i 1s i rt n ehgi C aengt e u n h s o i Tbpt ei c s s PrmoMrna n a ‘ ope 7ooy s‘ h 9ecneha 9mfamsefd 1 oyaaron k a n a pbnaeo =nu n e r deP i e e c ti h O o 9d rsTr.co 4a a u g h 1r .ode l e e t c r re cy Csa bma e k khnb t Hd a so spet onnl ouho ul ml na sdn r r c a on i i ns anK nB wa I iKci i
Kirloskar Proprietary Ltd.
Kirloskar Diesel Recan Ltd.
tnel ed 9 I imp 1m. n , =oytaoa n n c e s 7faesp s e r p e 6o e h e 7p n mf f t i s fmu Ruoi o ocdos Cr tse b mgristr t f olofuao e p i h r t Bsx t p e n s x i hne 3Eea t ‘ale )n ep wa 8 o e 9 t hh e d w 9han st] . P 1 w y a d s d s es L ( e a b t d L t e r r w ’n el F e n a t a e O i d t ts n s s di i N as u ns,sb O r n Ee e I a g ‘ s foa T hw A sdecc R a rde pe O wofb sun P i o on R h ot nws ro t O ofs g o C i s e n’m t N a l I e n I .cs e h[ i e s vn s . u h t s u j Et euan‘ o b n h d i hf i s tt e , )tiwuaa o , n f Ct hl n e u Hdv ontt o t i eet h a mt ccg t r c e as a oe g un h f Bj uoo f t (b h a c t 1odoc l g ’e , 2s dc t de nl 5e i ihs uea Cn s s df o a Ta a nP ni n pwpwi I
,n. .fr ) P’ oe Co) h sIm t e Hd a ( pmo lnsu n e n a a Dr onna A (gS o st 5e ‘i x 8n&i ld 3Oa a f le e Li L3 .L r n p C7 ae adr S9 r id 41idHe 6eHaeb )ceoc n t t 5 no 0imys i n 0san n g 2n n ata ( ihpac t t h i s m t i wo e x ds eycl .s n eu v aaeht s h wpt si , .mdae d w e o t t m Lcc t a reI Pe n . r i d )hd t y e t r l t i r s ooo m e pnt t xac a Edenf (ero . smicdr nrDsne a a l oo b a w Sfn r m lo e rh &a e ie t m lLg a eda a r f y Li Ro r d l i aH . enm d r a hr i t fL nH a Tg o f I .f,e e) s l o l um a b sh t ar a e l i omTn a vp .a a p aPnu t c sLgde i L ne l i e l )nl l s s i Pobf n Lemi a eac Ll r s . /be e a t s ee r i l e nm i r i yc a oa n l aveh,n s pao w c g k r l o mn n a c i nt oi e / ki s cl s r ra x e e ge l e r npiha m t i y yi t n s n s h s i e a ( x foi e enodnl i ab te . fv s spm o i o l a ( gebme o . ya s hsc t e t i c P r l i e g md Ln c y l a.i L i e w t f v /s s o hwosil r e x cwp i ec n r la t a li fo l a o et p s rwmsn s eomoee mpecmo aAt ad nCsgnh y n i ec eMst s e ci enh i nh r x FoTe ow
: 1 m r o f f o g n i l i f h t i w n o i t c e n n o c n i s t n i o p t n a t r o p m i e r a g n i w o l l o F
) ( ) ( 2
r o r e n t r a p l a u d i v i d n i y b r re e n ht t i r e a dp es na ge i t s a yr l l o a p t r i g o i c d ey bd no ab ca nf oo i e t e a n ci i l m p po An
) ( ) ( 2
ef go an t o s i ta t a r ho t p tr a o Nc n Ii D, t ea vh at ht tu o o nh t di ew ee nc )n r i e s n, t N r I a e pDl b dei v ea s t s a o nhp goe t i s eb e l t db o ( tan s i n l l avi d ca w i l P p tL pu AbL
o t )) (2 ( 2
nl d i P u o dh ns ax ea t f a d t S n ,a y e t i n c o hh t p i , wD sI s l i e a r dm de a, ,y n r ot i n t a u po uC c, ce od o ,c e my r at nn . y l ud lo u a fce f r O o St s I p l, i ee a t dk e oe Dc b
3
, tde I lt .u a n or i o dhp esr l r l o e i f c n t er y ba d dpo l db u oef hto sae n sg e r i n s e i e nd m t r eo a hn pt s dfi eoy t er a o nnt goa t i s n s a e g i es dl dt f eAI s .a . ou pni oed r n pmI f ono wwt ton fde o pd s oi s lr i e a dr t ae e sb Di
i a
i b
b k
Guideline for filling the column
Sr. No. of form 1
26
Para 2.2
UOI
Hira Lal & Sons (Export) P Ltd.
-
Essel Tea Exports
Essel Packaging Ltd.
2.2-5 Free name search facility
2.2-6 Filling Form RUN-LLP - Application for reservation of name of LLP
E M A N F O E G N A H C
u d a N l i m a T d n a a r t h s a r a h. s ae Mt a rt oS f e ts n ae vh et l n e i r s yC l n O i R a mo sw i t ne r ma ue l o r ce h st i h s Ta . P L L o t y n a p m o c / m r i f m o r f n o i s r e v n o c f o e s a c n i t n a v e l e R
.e g t . a ei ( r yp t o i r r p op ha t u f ao l ea t v a o i r r pp o rp pa. e pl m ai p r fc o o nf i lr e a vpo n oi t r) d p. e ch pt ae c et a sg e r nt i aa u qhe ecb x r d e l sk u s o ch e nos i t s s y u, t g i bn r i o ek h hn t t au fb a I l a t i p a c d e z i r o h t u a o t t n e l a v i u q e s i ’ n o i t u b i r t n . y on ca ‘ f p o em uo l c a va f yo r a e t s e na oc n Mi
8
P L L g n i t s i x e f o e m a n f o e g n a h c r o f y l n o t n a v e l e R 9 B 2 t1 r a o Pt
r eo mf as nm er ho Tn .o e t cg nn ei r t e a f l e e r r ps fe o n i re l e d di ru og ne i de eS . s ’ oP pL. P oL L r‘ pd L erf boo dwe l hm u t a oi hwn s f d o sn e l a mev do al nu r p op xh i S sa
3 1
d l u o h s P L L f o e m a n d e s o p o r p n i s d r o w d e n i o c r o s d. rd oe n wi a yl ep kx ee he Tb
4 1
t nn i a e mm p do el s oe pv oe rd pr e oa t w dt ef t o a s l e e r v ea bh dt l o u n on ha sc t’ i , P y t L i L v i l t i c aO s nas are e se n e i s t M a u ‘ c. b i g . d n e i ns a i esm e mn s i as t i nu s fb a I
d e i l p p a r o d e r e t s i g e r o t s e t a l e r e m a n f i k r a m e d a r t k r fa o sm l i e a d t a e r Dt
5 1
. e l b a c i l p p a r e v e r e h w y t i r o h t u a e t a i r p o r p p a f o l a v o r p p a e l p i c n i r p n I
rt oh f g i nr oe i v t a a ch i l o p ph aw s rr oe h nt oo i t a m r o t s r i f g eC r O . s d N t i .e ,d r k i eu rh a q ce ma tr et e dab aed r bl t du ol t uo sow e hk t sr a l na e om r i t ea e d mra t s ai r ng t en fr I i
d l u o h s s e i n a p m o c p u o r g r e h t o m o r f C O N , p u o r g e m o s fd o e sh i c ea t mt aa ne fb I
u
m i h g n i t n i o p p a n o i t u l o s e r f o e. t y a dd a de nr ap t ee t k a r oe pb rd l ou co . yh ds oe be n fi o m eo mn as na
6 7
u
hm t i r wf o dh ec r u e s t s i n g i ee r g en ma ah nc h sc t i u es gf no ae hc ci t yo an ma pm i h i sh r h e t ni t w r a g pn i yi l t i f l i y b ab i r l a dr es t t i i g me iR l ye nh At
2.3 CHANGE OF NAME
Copy of resolution is required
to be attached 5
u
Guideline for filling the column Sr. No. of form 1
Para 2.3 27
2.2-7 Enclosures to form RUN-LLP
Following should be enclosed
n o i t c e s d e b i r c s e r p e b y a P m L L s F a O s N e O e I f T h A c R u O P s R f O o C t N n I e m y a p n o d nt . ac rA e nP nL aL mf do n9 a1 28
Para 2.3
l 9a 1r t nn oe i t C c , et Sc [ A eP r uL dL ef. co e o r7m p1a nn do f ei o bt c i e r eg c s n s na e i r h pdc e gf i y r ni i o wcl s e pu os l l p sm o a f so ye c bs r dae ecd gnr nIo . a] n h8 a c0c 0t e2 b, n nte acm cAn r ePe mLv L o af No G
er,er e s l e gu r u p n R ea x n s [a e t hn r cn Cea pfA Ob o l Rl ll n a e i mw ci fi d o ot retoe f n b g Ni . ] dne r . 9 c ease 0 s vhnr o 0 r Cc ue2 e dr, . s h ] eps e 9 t csl e i r 0w oau t0 o 2 rsR r e g, ope ts P tyf e s n n l r hL eat i u f iL eRmnwf b ei o a P e s t ) r y dLg 2 n l ( a0 Lao u of cd2 hoPt0e s)Lo3l L n u 3 e( n i nsh R m0 i [ a2det9 o i nl eed w0 b 0 wui t 52 n erre c , nhs ms t mre e di r eol ewp efu s odernR pargiP oeuaeL d rr bL p)ePl lo f e4cLa L o ( h8 rfhA T1 pi s
, ds nl e au eR mP aL nL f wo e) 3 n( 0 n2 i e nl u or i t [ a e r t oa pd rt oa ch nt i fm o o r ef t e a v ct i i f c i t e r f f e ce e hb sl e l i r w f ee um sa s i n l n li i we. g] Cn9 a 0 Oh 0 Rc 2 Pyrned Ldoiges . i n o f Lb Pea e i e d Lmhcf nrLaced p aohnos e dPcftsi b , a eLuoy r t s L l et s c n l g , i s n r ae e a n e e s r t r au ha g e p t chqd eo c h e bnhr di t s ew yacobb aoufui d mts sre C c rn ds i PaIOee n t . R ra Ll ie a pp Lmc r o oem fintp s vo e o n t ric s o ogc eei i cla l mmxt na aaeai c h e i nnnl Psb rgipL l l onyp na o L i d f a i v t h oa laaet s a e vhrkncn i l a l oha op o rt i i pa t smt pi pwancAc e adwa . i r ] l ci 9 te p a rh d1p e c e ht e t i e A t vl shai . u r ei ) g w l o g r2 b o[9 ( eept i r tr e1 s o s a 3 oerc2me l pboy au sypdmnr r e a r i ooo hn tmc bft I i
2.3-1 Application for change of name by LLP/body corporate if other LLP constituted with similar name
tn tr)nc fn o o oe( I ac i ( yc r t r a n pl i d n oo i c op n i lct Cpfai o p s a )a epi c (fybAnl i p o -oo p y-t i p 3rCa-a u . a 2o c )mt me mv(eerh ra skot ofearf n m n n a f c i g. a mii t nen ) e sA a i t h eh a oC etd nr tt gsa oo na i rddM t p a ra teey i y h s g f co b ii i r ccnnr l d i o p e oad p e h v pyt u d u t m ao l y n s u c l on s oc obi ai u t t i d rc n3 , r do 2 e y eo de e r nn hPi m cLdPaabr aL Lf so d r i a t f , oLe eh t ff n f a f o c geo e noni n h o s g e e boi n t d t i y d i a i a l dt l lni v u l c l ci a l af u i fet i ooli r hsptygeo r t p r e i e a sr f d aet l s g/tcn epn y i nt nebmo m i i omdot r i wo i b l c t uu c oh ua l u tsrc dr l o o o o u nt ha op Ds Fat s i
iii
ii
-
r onePo t h o L f t i L Pt d Laf e Lco r t i l n e hpo s cpi dn t uaa ei shr t e teb cs tu l c ie eSg o dt r ee .r i 9 d d 0fbe r0 o os a 2eto r p , d t t t o s e a c i r s d g A p o e p P s mo RL i 7 , or1 L t r p c ffs n Ao sio )h8i P1 t t L(n1c e L8ons 1 o fnmi t w o o4c e i e )t 2s n 2 cn. ( s e 8 e i a s . 1r h i ,] . t 1 n nei 2e o0 odwi m i n t2 t y c a ul c e,n een t s oscf s A o rm i e a e h t n i ndT n l o r sa[et i a t m Pma ei di c reeLn g L b e f i n et pa nw c sh aeme Ac cnAr
vide
E M A N F O E G N A H C
Para 2.3 29
fro fren sI se i e e i b a Pt. thkd g a d t r c r Ll l a o Aoaou Li n ymnoa fvPn a hc o r e c a L s d k y eoLfa r n a myfor ra r n a ttt oa aa s p np 7hdimm e g e 1tr eeo hm e d o c R o n t t t ae s o , r eci i g h 9 t g t r r t n 9 f e e oci y 9o r h el l 1 t rn wPsba, m L t o n r e ,Li c t eo e u e s i q yAr mree e aedrnsps k h a a ob nt yp rr l a u fomr o feamMps , noreoemr . s oeancdoee v a i o , r af mt t ei r o r r c a a t T o s nwe cn Ar i ood f opei i k i h o H t tt rlh t a c o . s eraasrcs r c r i e M r a l e t i a l i t dp oi ennnpei f t t md y e r uAe , gia a d e .e i n nsr p e rm i oTs om t y ha s o it a r f i t l P atn l e e nne roLi i p r b osLa fhh r nln t o i t e i oa ofl e i ciodhewg s t s g i eeo en i i t nd t v v a on miyaa o e m nh h rd rai Pi pnl acmc
2.3-2 Rectification of name of LLP
. s w o l l o f s a e r a s n o i s i v o r p y r o t u t a t s e h T
,e pe htayeyyyddr s a l l i t d b nde eoe gr i e r h y i t i l a a v ui l os vi ki v r l i b ofbfri r p meea t l t d rs o e a w r p c h d i t d s i e hi l n t l e e ei t t aosot a c p r h r r r s s n d fo n h e s e c e nHk a a i ee i t t s t ui-r pn t ,, s f s r )i h i i 6 s a o yi t p g ) 1i . met e(g-m tin e i e , i w h a ( l l r ds 9 b r o ti e h a o i 9 d b nr h e a st t t dd o 9 a ae i n c c ) t a s i 1 ne e ,e l uatmer 5t d hd l(,s)cart e 1r t i e n r b r d dtes sam ocf(i t o npam;Aosdwhemi p o neys e ecromo y n e y s n s i r i t ko t l anutf e w r i u a s r i s c l r e i p r i s t m p a e eb g f ht r , nymaal oo s ea c M t l c a t r e re i i fc n nl o l aa ne i meeyoA cep i u e ddyn adpomasheeP a t a s e t eebo mL rr t nni r fh ni oT aL no ndrsfo i mo a tp aeeto tn f i e r r i v i t i f f l r o t h h n nroeeoo o o a e t t t s ) . oar of Gga e e1 r 1 d h c,s n r t e i d ( e g7 2 on t la r i nenra i gei 0 p s e d e g w t ni hrrh ora12 h n e r c t e o i w la , r uttn trphnt h a r p o e , e t c acoA cp t e t m i s i r r y i C e i t r y o oc n it nht o p t hi rpei t ) rt at ni net o l o e o n h e i i rhhfft oSn f b s grod r t s i i p r -e t apnr no howa ,e rii i tm s o y t n d ercd eoilreonnn o k d t t l nc A oi s nhepapar b n t an i c i t a t p s oi ma e ag as t i h i e i s h c e n t h t m mfismp i hr e i r a l t w i a t A er lomroyep e r t i r r t i ( e rkenci ptoe wvs e t lhan d r a P i m b tdi n t b r g h a a a o onL at a afnm ri en op nr i Ni uL omt ol oa t b
a
a
b
-
leee, tea t ri tmc ta e ,vra i ) t n1 g caA ci n t i ( , P n f f r e e 7 i i a sL t gCt t r r p1n L i e e ec nah yo cef g o t h t i i een lt ). i ccfhha2 1 b ehotth(2 as c rnnc70 i i 1 u l i e rs 2 el ln, d de s a t oc edfregh i t noogns tA i c mueenape h t a ) i h iea t hch Sn l t s -e amdhchr c e tm y t ah e en un n i r r st tw ed a e hwm sfrmn o g s a ee Weonespe c n m r oe y yr - fl a t A g a sand i ( l a syrtyi P b a p a nd u t ai L i r r o h i a t i l L s n s t h dr b eiyt e r g e e ee ot r d ni t ni a i f R ri t v h ct mr of l d o lii lae eft p w a o h t md ehdc y r t s g e ao u i l s nons ni i n a r ha,bi se n n hw a t pc e ooi i l i i b t t sae, d ta a e o n e h r gnt t t ero i o i nh d fmp pme at hionrris cweroolo e c c e c li p h n l n pa tvi o i t i r h hooffnp ssnGooi
ened home t iab t i fc r I enc -i r ws e der ynp a nt e ao b ly hl t aa i lm wl gas nha s i tr y n e l p en mmn ona m cr e nv h i c tou l Gs u aln a f i r e t p dn i h nes i r sCe e i hn pt i t , h r s)a 1 r ( p e 7 y n1t t i ni r l o a b i pt a i ycl e t i s d l i e rt b e i ad i m l ni dul ene t h et i vo mi ig t l
Compulsory allotment of new name if LLP does not comply
-
Notice of change of name of LLP
ls)1 . epl 3 at t i a i ( 2 ah l hi7 g s 0 c s df i r n12 )i ei e , 3 t nt t g n i ( r t noc 7 me i r A 1at ica l ) nhct e hpo fs c o Sn y i y e t e t rr l i -m c l t e fi e t n 6 b s aa s e1d i n n g u e i l ne i eu qo d r d ei se m s es tA ei t c b n hd i i e( t us ma P P n n i t L i alnsfL L eeeo m o F h osL O mmtcrn e gf d N aah o n i O nncipiv i s I i h i T wdht h d v A el s o e ot R nown r rr O e, e , P eher npe R htmetes n O tfavrh ati C ron ep N e e I teww hb y c n o t t i eaeH o i l l wt n lp l -i d a h -bee a hnt. cs i siir l no w s e rp dap t a f n i e do a h r t oe rr t i si op s t r r m i c, a e e g ic r t no hl et ac t a Rr p e nA t rs eao iP n ue hpc eL t y l v l mL dtna i i ea l ni r fhp f o ab s no 30
Para 2.3A
-
f ryyn c o ot t o i f a i l i er n i t f l to b c t n i ne a s t i or las rc e h d oy p t e s t ena s t e i s e mah e ml p arti u no,l e s ” s br yPda h nLr tk aLodoa e r“wtnl r a l e r l e r dooo a v h n”dp i p sf ui rr ho o o t h ss c s c w r i e d e tnh i nn n s i we y t a s l r l t ua u ex e bP ne hdi nytsf y s t ee oi ha r la li t i yb m n r r aruwh o i a ,ec l cLsl li sdiabh nefhaw s h otos i e st sm r ni u r e ih e on sub pLt “ p s r rsne e odo peet . b i pc nrt e, uA s ooao p r swt i r P eihh e hmtsdL n i pt r f aL e yhron s f ncoht uo i n r ca ah o0 oa h2 fwt i ept I
2.3-3 Penalty for improper use of words “limited liability partnership” or “LLP”
-
leeh a t hhi i t t c i )fw f f d (oe o ,-rr e s e yb e t l ce s mi i g o mue va nr nn i s i s,nt o g t i i i nt t ti a a a wrh t ho t s t i l t l g eo r en ufre se m. nhdet tc etna lrat A l a esP a caL hei sbf f)L so pn (f i h d o o d si n) e t r r a( 1 a e e ; nct 1 p i t l s i 2 r i b h g a n pueso r p i y ret n d s t c i t t lni e r i afa s b aeopi c y l y s t t dnsi i l e e l ed i i r t b b d in a ai d mo i l al ip l d ys,de e e e r t t r i i m e r m m vo ai i Ec nl l
2.3-4 Publication of name and limited liability
a
b
nnd. ] et ee ot i n t uf i f c eotr i t s o s y f ft bs o l u e sas d nne i e op v bo i s or i at v p oodn rt eo pes i t o l eb c pe ha t o s i rsl p e b ne,u t ebc s lA vl t n aa r e hPs t sLe n opLr p ci f[ pho1 s i )2 r h 2 0 se( n 1 r 2 t e 2 , r t na c n t p r A o i a ) t t pyc t i en yi l t Se i lb m a i i b sd l e n ad i ee l pm e dt uA ei r( t m i dP i ml nL iea l ehsL u e hto , t d 1 i hv f2 I t
srdedP s a e nL l e i bmaL nm a i i sf r n s i r c o , us e s e ) b[e n ’ c 2 r t i lt ( f n r p u f 1 a fego p1 wmn d n aui edo l n e r i i t yca t e a c not t n s e adn i gS tnog i [ o u e s cr i s e ot . e ] dl a f gr y o fu no ns o r i a p s y sy rpe r s b r o mre a d co r d cn d d e ica r‘ db oe a,ar i s f l i s f c ds ef e t ne oon a t n iar i s c o e uep i ov t bme sa a s i ab hc dn a y nyoe,a aesss chsorm p sTAoes n . f nt rt a o i p r of n a so , o r rmepi e umfa t ppd o a o et nn sm r . owaesr] e r o k eo 8 r mi f i dn 0 l rvms 0 di oaei l r2 ae oh a M , d t t t hc wi e nt od A Twt ao
2.3A INCORPORATION DOCUMENT
f Po i L 1 L1 i F e l u mr r[ o] f p i nh i s r de en l i t f r ea bP y ot . t i] l 8 di1 b ea 0 r i i 2 L u 0 qd1 ee r t2 sif . m i . ie tL . n efw mod e und on ci ot ae dr m noa op9 i r t o0 a c 0 r on2 , pis rre ool cfu nmR i rP eo L hF T[ L
re e r nu t x r e a n pn dA en t i a nd ge i n s o e i dt n de nm T a . N rs8 E ea1 M ns0 U te2 C re0 O af1 D pht N fi2 . O owf I . T tge A nn . R eo w O sl P nad R o e P O ci d C n L , N n e L I o i m iF t a a m8 r ore pol rfu onr ci o nd i et fl i o f e eb s a l l ca hA ns I Para 2.3A
31
s effi n omkooy u i s t daenl i i o m m v n i i t oaoaa b i rr n t i x po c e d e omd l nof s n s t seaaA M n i m e e e f c i o r i o ef c t e r i f s f hra o e f Ta l u s l d c -i s i n et mo , r r s is i e Au s t h sis v o i i t T hog r e r . s cpra r i l i r , h e r o m n we t i s (vs s r tee a sp n wn i eoi hy mHscb u i u.b h d c) e oyfwd ( dnot n a en np e r em omu i t otma a a Cnee r e o r b ,g pfe n romAa o cnaPc nonL i ) t I y nLn a . i di . e ncssal eoerpb e s g a ms nmi l n t oa aAa r cv a fhp oo aa c t proviso
No provision to amend Incorporation document
rsoe r oe tb en rn da e ti t r vc l a a pos s olre p l t a n sfns i a do ntcu t b en n t ee s n s i i nme Po e g Lce n r Lhg a tAh fi c I w -ePt. a s nLh r oLt e d. n ] t eter d c i bA a v p n of aPr o cLp tL % y i oa , 5 s t 7 s em/ e l t% nu i 6 dn6 s uee/ bhm% c e1 sS e t i 5 r tg fs f o rAo ei.t pFg n of.e coes s 8yn ro dea c nsr aut h pani l ot xc e[ cw Change of business or registered office
eo hPe c p uLnr sLio fdmc o e on nsni o r op so i t t oi f u rs n l p a o o f t so i t c e a r rac fe l i l l o ni p ytwp pr a oaoh cpht ,awi e enw t a mo d r oose pcrh reec obpt a coat ytga ddne i oa t b be n l i l ho ar a se ph i tps rt e ear nlne n s t o t r t i it r a . ] a u pnl ) P1 goo ( nesd2 t i e e1 a d r t nrfal e n eoo u p t g ryi n R i ops [ ecoen r cDo y e dddt i ho nna Wb aar
2.3A-1 Procedure where intending partner is a body corporate
-
ad] . e9 ri e f 0 i t t0 s r i 2 e g , ecs r e yl l ou u t sdR keP ebL el l s aL ehf t so a , r 2 e or 1 pue rtl oau cnr go ys i t d, oy bi t nt gn e i e d i r [ f oo ) f 2 rf( oo4 lo3 r a e p l n, u oe r i t mf a nao n s n n e gh o i i t e s , r i a v oi f o dr anp eIr n r i e e P p hL s WL a
) fsot s o t n e tl e n t m eo dn d i n s a e i e d r m n eI A bn ( P oi t d-L derL eyae e r ay d i t i u s e v qsn d ea oe r hg d son i n rhie d e we m nnc a t e r or e a ] pspbs r yoy del t a epe d a t t d e a a si s 2 nn do 8 ga i eep1 s o m s e r i dmmp t i eai,m t i gc nd i n A ni oI l tf r t P s n u L o a e etdLs l n s e fr te y o a p da)[ ,i d 1 s e ( 1 e s 7 2 r n0 uR . o 2 oa i n ci , t t d ac fn c eA hs OI t proviso
Explanation
120
e i r fa f i d s n eo bi s i dv l u o or wp A eM r e E hF t ,s P s Ll e Ln nu i , l ra e t i np t a r a c pr eo bt s i nf ao cr np of so r n e o pt i ni a gr i t e a r op e f r . an d e hid gsn e ui te ol m hu Tca
-
P L L F O N O I T A R O P R O C N I
Fees for registration of LLP 0 0 0 , 2
0 5 1
0 0 0 , 4
0 0 2
0 0 0 , 5
0 0 5
0 0 0 5 1
s h k a l n e t . s R e v o b A
e v i f . s R o t p u d n a h k a l e n o . s R es vh ok ba Al
n e t . s R o t p u d n a s h k a l e v i f . s R es vh ok ba Al h k a l e n o . s R o t p U
Fees payable for filing any document Rs. Contribution of LLP
32 Para 2.4
2.3A-2 Fees payable at the incorporation and fees for filing any document
-ygf ma no i 2 op d cs ea fe r c o a e er p efp [ s ne3 a i ce hm nctr i nno l o e a f r t d e i h i f p g afau i p cd so dge r eh en f t z i i y dd r i oana hpap t y u bne o ad b i t oe l u l t a tsbh a i n . r et ] s9 er l n 0 s c a oe0 vnc e i i 2 f f u e , h s qboc e enbu l a u sa l i S Pcs.R ’ d n Ln P e o Los L i i t a L t nu u eb i f r ’ bc o i n i r r n ot t A i i n t n eo e u oh r cu bC i ‘nfx r o o . t e y n e n b n l oa an b l Cp A as ‘
2.3A-3 Increase in ‘Contribution’ of LLP
-
s e c i t o . n8 ] d0 n0 a2 nt , oc i t A a cP i L n uL f mo m) 1 o( c3 l1 l a n eo r i t e c he w[ s ed ce i f v f i o e c de er r e d t n s i a g ed r e s as ee vr ad hd la l a e hb sl l Pa Lh Ls
2.4 REGISTERED OFFICE OF LIMITED LIABILITY PARTNERSHIP AND CHANGE THEREIN
. s s e r d d a l i a m e d n a e d o c l a t s o p e d u l c n i l l a h s s s e r d d A
l hl ca i h h s wy e oh t t ee cr i f e f h o dw ed r n e a t s d i g e es s r ae er vd ad ha e . lb t l a c hyA saP pmL i s h L e sc r f i e o t no ) t 1 n( r a d3 pn1 yan t so i l ni i t oc b aie t i las c di en d t ue i v m i m im e l c yo e r r c e vl le Ea b
reeym l e t l r naba o c t yc i f r ai f a i ih mf pt c c r eu ae s p s. rca t sn oa, c i s r pre eA s i e s e h P nr dn oL sn r adpL e r numduf a t t o p s r re re oe ) a 2 pph hh( ttt3 yyo t b or1 i o l i yyfn t i n b p n o ah i aga i t i n l c se diydr s edbne a n t r ni e t d msoer c e a i iytf l b absfpr i o y nfpoi t c oo dl s e d i e e dre b r r e eh e r a p i vt t e l s t r e i d s e ri g eb s e g e t y ene i r t br re ma ya yhim ap btls e mdra tha t r eo tt ,ye n d a b g n en ed nb n mg i a uitiem r r cssc a l oeos p d d c e dr en r fp Ao da o
) dmd3 er n ( r a3 o e 1 f t d s he n i c g b o i euit r r sc c e ne ss si t i rrfa p g o r e t n s ei bl i cg i yf ae l h Rac p m ee u s h s ht a t n hso et np gi ou nwt i a i e y hg dl cn nn yaoo ahct c he mcc h f uf pcs i u e h s o e sf t k r o e tt a c nee t c l l j r i t a b a o h u pn ss yed e t hng i lt i n b eaa l ai r . i feht l ncc dn dn hA ea c a t uP i ems L mc if i d yL l nnf fa Ao ao
LLP Ready Reckoner AUTHOR : TAXMANN PUBLISHER : TAXMANN DATE OF PUBLICATION : DECEMBER 2021 EDITION : 2022 EDITION ISBN NO : 9789392211232 PAGE NO. : 312 BINDING TYPE : PAPERBACK
Rs. 795 | USD 42
Description Taxmann’s LLP Ready Reckoner is a subject-wise practical guide to the following laws: u
Limited Liability Partnership Act, 2008 (as amended by the Limited Liability Partnership (Amendment) Act, 2021)
u
Limited Liability Partnership Rules, 2009
It comprehensively covers the analysis of all provisions of the LLP Act and the Rules prescribed thereunder. It also provides answers for all practical issues faced by professionals. The Present Publication is the 2022 Edition, authored by V.S. Datey, amended by the Limited Liability Partnership (Amendment) Act 2021 & updated till 1st December 2021. The detailed coverage of the book is as follows: u
Overview of the LLP Act
u
Incorporation of LLP
u
Partner and Designated Partner
u
LLP Agreement
u
Accounts, Audit and Annual Returns of LLP
u
Routine Management of LLP
u
Administrative Control over LLP
u
Compromise and Arrangement
u
Winding Up of LLP
u
Investigation of Affairs of LLP
u
Offences, Punishments and Penalties
u
Other Provisions in respect of LLP
u
Taxation of LLP
u
Foreign Direct Investment in LLP
ORDER NOW