Name-change directive: government can require LLPs to change prohibited or confusing names, with compliance and penalties. Central Government may direct an LLP to change its name if the registered name is prohibited under section 15(2) or is identical with or too nearly ... Summary
Name-change directive: government can require LLPs to change prohibited or confusing names, with compliance and penalties.
Central Government may direct an LLP to change its name if the registered name is prohibited under section 15(2) or is identical with or too nearly resembles another LLP, body corporate or other name likely to cause confusion; the LLP must comply within three months or within a longer period allowed by the Central Government. Non-compliance attracts monetary penalties: a fine on the LLP and a separate fine on the designated partner.
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