Conversion of firm into LLP requires partner consent, secured creditor approval, financial disclosures and certified attachments. Conversion of a firm into an LLP under rule 38(1) requires partner consent, confirmation that LLP partners equal the firm's partners, disclosure of pending proceedings, secured creditors and regulatory approvals, financial disclosures (assets, financial assets, revenue), up-to-date income-tax return status, and mandatory attachments including a CA-certified Statement of Assets and Liabilities, income-tax acknowledgement, list of secured creditors with consents, regulatory approvals if any, and an auditor certificate; filings must be digitally signed and are certified for Registrar approval.
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.
Conversion of firm into LLP requires partner consent, secured creditor approval, financial disclosures and certified attachments.
Conversion of a firm into an LLP under rule 38(1) requires partner consent, confirmation that LLP partners equal the firm's partners, disclosure of pending proceedings, secured creditors and regulatory approvals, financial disclosures (assets, financial assets, revenue), up-to-date income-tax return status, and mandatory attachments including a CA-certified Statement of Assets and Liabilities, income-tax acknowledgement, list of secured creditors with consents, regulatory approvals if any, and an auditor certificate; filings must be digitally signed and are certified for Registrar approval.
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