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Showing posts with the label LLP & PARTNERSHIP FIRM

LLP SETTLEMENT SCHEME-2020

A large number of LLPs have defaulted in filing Form-3 viz. LLP Agreement and changes therein and statutory return viz. Form-8 Statement of Accounts & Solvency (Annual or Interim) and Form-11 Annual Return of LLP.

CAN COMPANY ENTER INTO PARTNERSHIP?

    Yes. A company can enter into a partnership with other  person or company, only if there is some power in its Memorandum  of Association or Articles of Association.  [Circular No. 1-81-CL    V].