Tag Archives: #CorporateLegal

Can LLP(Limited Liability Partnership) issue debentures?

      Limited Liability Partnership Limited Liability Partnership: Debentures are a type of debt instrument. It is issued to raise funds from investors by corporations or companies typically in exchange for fixed interest payments and repayment of the principal amount at a future date. LLPs, on the other hand, are perform as partnerships and… Read More »

LLP are to be registered with?

LLP are to be registered with   LLP are to be registered with: LLPs (Limited Liability Partnerships) typically need to be registered with the appropriate government agency or registrar in the jurisdiction where they operate. The specific registration requirements and procedures can vary depending on the country or region in question. Here are a few… Read More »

Can LLP give corporate guarantee?

      Corporate guarantee Corporate guarantee:  An LLP (Limited Liability Partnership) can provide this on behalf of another entity, subject to the terms and conditions. It is set forth in the partnership agreement and compliance with applicable laws and regulations. A corporate guarantee is a commitment by one entity (the guarantor) to be responsible… Read More »

When was LLP act 2008 implemented ?

LLP act 2008 implemented   The LLP Act 2008 was implemented in India on April 1, 2009. The Limited Liability Partnership Act, 2008 was enacted by the Parliament of India to provide a legal framework for the formation and operation of Limited Liability Partnerships (LLPs) in the country. The Act introduced the concept of LLPs… Read More »

How to get private limited license?

Requirements for Pvt Ltd license   Requirements for Pvt Ltd license, To clarify, there is no specific license called a “Private Limited License” in India. However, you can register a private limited company by following the steps mentioned below: Choose a unique name: Select a unique name for your company and ensure that it adheres… Read More »

What is the process of private limited company registration?

Private limited company Registration   Private Limited Company registration, refers to the process of legally incorporating a business entity as a private limited company. A private limited company is a type of business structure in which the liability of its shareholders is limited to the amount unpaid on their shares. The registration process involves several… Read More »

Legal documents for business: What legal documents are needed for a business?

Legal documents for business The legal documents that are needed for a business can vary depending on the type of business, industry, and location. However, the following are some of the common legal documents that businesses may need: 1.Business registration documents: These documents include the certificate of incorporation, memorandum of association, articles of association, and… Read More »

LLP reconstitution: What is process of reconstitution deed in LLP?

 LLP reconstitution The process of executing a reconstitution deed in an LLP involves making changes to the LLP agreement either adding or removing partners. Following is a step-by-step guide to the process: 1.Review the existing LLP agreement: Firstly, Start by thoroughly reviewing the current LLP reconstitution to identify the changes that need to be made.… Read More »