Training and Recruitment info - please reach 040- 4003 2244-47
+91 90 43 003 883 | [email protected] | Reach us

Limited Liability Partnership – Annual Compliances

Limited Liability Partnership - Annual Compliances  
HeadSectionCompliance Penalty for Non Compliance
Statement of Accounts & Solvency34(2)The LLP shall with in a period of 6 months from the end of every financial year prepare and file a Statement of Account and Solvency with the Registrar in eForm # 8.The LLP shall be punishable with fine which shall not be less than Rs 25,000 but which may extend to Rs 5,00,000 and every designated partner of such LLP shall be punishable with fine which shall not be less than Rs 10,000 & may extend to Rs 1,00,000
Annual Return35(1)The LLP to file an Annual Return to the Registrar of Companies within 60 days of closure of the financial year in eForm # 11. The LLP shall be punishable with fine which shall not be less than Rs 25,000 & may extend to Rs 5,00,000 and every designated partner of such LLP shall be punishable with fine which shall not be less than Rs 10,000 & may extend to Rs 1,00,000
  Notes:   1) Every LLP has to file eForm 11 within 60 days from the date of closure of financial year without any additional fee and later it attracts additional fees @ Rs. 100/- per day of delay.   2) Financial year in relation to LLP means the period from the 1st day of April of a year to the 31st day of the March of the following year.   Provided that in case of LLP incorporated after the 30th day of September of a year, the financail year may end on the 31st day of March of the year next following that year.
  • By admin  0 Comments   

    0 Comments

    Leave a Reply

    Your email address will not be published. Required fields are marked *