Extension of time for filing annual returns for LLPs: deadline extended, offering additional compliance time for Form 11 filings.
Extension of time for filing the annual return (Form 11) by Limited Liability Partnerships: the 60 day filing period for Form 11 for the financial year ending 31-3-2012 is to be read as 122 days, and the filing deadline is extended to 31st July, 2012, effective from 30 6 2012.

Extension of filing deadline for LLP annual return prevents additional fees due to system closure and decentralization.
To avoid additional fees caused by system closure during decentralization of Registrar functions, the prescribed 60 day period for filing Form 11 by LLPs in respect of the financial year ending 31-3-2012 shall be read as 90 days; the circular is effective from 31-5-2012 and applies to Form 11 filings for that year.

Conversion into Limited Liability Partnership requires name approval and ICAI registration while preserving firm seniority and ethics.
Conversion of practising Cost Accountant firms into Limited Liability Partnership mandates compliance with LLP statutory conversion procedures and Institute guidelines: name approval (use of 'Cost Accountant' in proposed names referred to the Institute), submission of ICAI application with Registrar name registration evidence, reservation of existing firm names as LLP options, preservation of firm seniority and assignment of a registration number aligned to the former Firm Registration Number, adherence to approved LLP name formats, and continued applicability of professional scope and the Institute's Code of Ethics; conversion does not create new privileges.