Annual return compliance requires LLPs to file authenticated yearly returns, with statutory penalties for failure to comply. Every limited liability partnership must file a duly authenticated annual return with the Registrar within sixty days of the financial year end in the prescribed form, manner and with the prescribed fee; failure to comply renders the LLP liable to a prescribed monetary fine and exposes the designated partner to a separate prescribed fine for contravention.
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Annual return compliance requires LLPs to file authenticated yearly returns, with statutory penalties for failure to comply.
Every limited liability partnership must file a duly authenticated annual return with the Registrar within sixty days of the financial year end in the prescribed form, manner and with the prescribed fee; failure to comply renders the LLP liable to a prescribed monetary fine and exposes the designated partner to a separate prescribed fine for contravention.
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