Annual filing requirement for regulated LLPs adds category-based compliance and prescribed reporting of changes to the Registrar. A proviso is inserted in section 25(2) of the Limited Liability Partnership Act, 2008 for prescribed classes of limited liability partnerships regulated by the Securities and Exchange Board of India or the International Financial Services Centres Authority. Such LLPs must furnish details of changes to the Registrar on an annual basis, in the prescribed form and manner. The amendment creates a category-based compliance mechanism tied to regulatory supervision and prescribed filing requirements.
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Provisions expressly mentioned in the judgment/order text.
Annual filing requirement for regulated LLPs adds category-based compliance and prescribed reporting of changes to the Registrar.
A proviso is inserted in section 25(2) of the Limited Liability Partnership Act, 2008 for prescribed classes of limited liability partnerships regulated by the Securities and Exchange Board of India or the International Financial Services Centres Authority. Such LLPs must furnish details of changes to the Registrar on an annual basis, in the prescribed form and manner. The amendment creates a category-based compliance mechanism tied to regulatory supervision and prescribed filing requirements.
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