TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Private Company to LLP Conversion: Process, Requirements, and Compliance Under Limited Liability Partnership Bill, 2008</h1> The statutory provisions outline the process for converting a private company into a limited liability partnership (LLP) under the Limited Liability Partnership Bill, 2008. A company can convert to an LLP if there are no existing security interests on its assets and all shareholders become partners in the LLP. The conversion involves transferring all assets, rights, and obligations to the LLP, after which the company is dissolved. Existing contracts, employment, and legal proceedings continue under the LLP. The LLP must notify authorities of its conversion and include conversion details in official correspondence for a year, with penalties for non-compliance.
TaxTMI 
TaxTMI 
