Limited liability partnership incorporation rules tightened with subscriber compliance statements, professional declarations, and IFSC objects requirements. Amendment of section 11 of the Limited Liability Partnership Act, 2008 revises incorporation filing requirements by requiring a subscriber's compliance statement with the incorporation document and, where professionals were engaged in formation or incorporation, a prescribed declaration by the relevant practitioner. It also requires a Specified International Financial Services Centre LLP to state objects covering permitted financial services activities and related matters in accordance with regulatory requirements specified by the International Financial Services Centres Authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Limited liability partnership incorporation rules tightened with subscriber compliance statements, professional declarations, and IFSC objects requirements.
Amendment of section 11 of the Limited Liability Partnership Act, 2008 revises incorporation filing requirements by requiring a subscriber's compliance statement with the incorporation document and, where professionals were engaged in formation or incorporation, a prescribed declaration by the relevant practitioner. It also requires a Specified International Financial Services Centre LLP to state objects covering permitted financial services activities and related matters in accordance with regulatory requirements specified by the International Financial Services Centres Authority.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
