Wednesday, September 19, 2018

LLP RULES AMENDED.-PROCESS RE-ENGINEERING OF LLP INCORPORATION RELATED FORMS

PROCESS RE-ENGINEERING OF LLP INCORPORATION RELATED FORMS

R V Seckar practicing company secretary 09848915177 rvsekar2007@gmail.com,

LLP related incorporation forms are likely to undergo process reengineering shortly.

LLP (Second)  Amendment Rules 2018-Applicable from 02.10.2018

Now LLP can be incorporated with upto 2 individuals as Partners who do not have DIN... on the similar lines as Spice Form for Company Incorporation

LLP RULES AMENDED.

 Now RUN LLP will be filed for reservations of llp name  and llp incorporation forms will be processed by CRC ( Central registration centre ) wef 02.10.2018.

 Upto 2 Persons not having din and want to be appointed as designated partners  can file din application along  with incorporation forms. 
So from 02nd October, LLP name reservation application can be filed through Web form RUN like company name application and persons don't have din can also apply for the same. 

Earlier we were unable to apply for reservations of LLP name and incorporation of LLP if the partners don't have DIN. Now the much awaiting amendments applicable from 2nd October cleared the obstacles of new llp incorporation.

No.

Existing eForm
New eform
Change Proposed
To be processed by
1
Form 1(Application for
reservation or change of
name)
LLP-RUN(Reserve Unique
Name) Web Service
Web Service RUN will replace Form 1
Central Registration
Centre(CRC) under Non-
STP
2
Form 2(Incorporation
document and
Subscriber’s statement
FiLLiP (Form for
incorporating LLP)
I. FiLLiP will be an integrated form
offering multiple services viz.
allotment of DIN/Reservation of
Name and Incorporation of LLPs.
II. Consequent upon notification of
FiLLiP, existing Form 2 will be
deprecated.
Central Registration
Centre(CRC) under Non-
STP
3
Addendum to Form
2(Details in respect of
designated partners and
partners of Limited
Liability Partnership)
Addendum to FiLLiP
(Details in respect of
designated partners and
partners of Limited
Liability Partnership)
I. RUN-LLP SRN to be substituted for
Form 1 SRN in relevant field
II. PAN is allowed to be entered in
DSC section
Central Registration
Centre(CRC) under Non-
STP
4
Form 5 (Notice for
change of name)
Same form with minor
modifications
I. Details which were hitherto
getting prefilled in the form (based
on Form 1 SRN) shall now be
entered by the user.
II. RUN-LLP SRN to be substituted for
Form 1 SRN in relevant field
Central Registration
Centre(CRC) under Non-
STP
5
Form 17(Application and
statement for the
conversion of a firm into
LLP)
Same form with minor
modifications
RUN-LLP SRN to be substituted for
Form 1 SRN in relevant field
II. PAN is allowed to be entered in
DSC section
Central Registration
Centre(CRC) under Non-
STP
6
Form 18(Application and
Statement for conversion
of a Private
Company/Unlisted Public
Company into LLP)
Same form with minor
modifications
RUN-LLP SRN to be substituted for
Form 1 SRN in relevant field
II. PAN is allowed to be entered in
DSC section
Central Registration
Centre(CRC) under Non-
STP



Following process flow changes are proposed to enable the LLP incorporation process re-engineering:

· All Form 1 and Form 2 (along with Form 17/18/Addendum) which are pending processing from the date of
notification of revised forms, shall be marked under Resubmission.

· All forms which have to be resubmitted, must be submitted again in the new web service/new forms only.

· All names which have been approved and against which Incorporation form is not filed till the date of
notification of revised forms, shall be allowed to be used to file form FiLLiP for incorporation.;

·      All names which have been approved and against which Change of name Form 5 is not filed till the date of
notification of revised forms, shall be allowed to be used to file in revised Form 5.

R V Seckar practicing company secretary 09848915177 rvsekar2007@gmail.com,

No comments:

Post a Comment