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        Corp. Laws, SEBI & IBC

        New LLP Portal – Guidelines for Stake holder.

        June 19, 2012

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        Press Information Bureau

        Government of India

        Ministry of Corporate Affairs

        19-June-2012 17:27 IST

        New LLP Portal – Guidelines for Stake holder

                    The Ministry of Corporate Affairs has placed  the  New Guidelines for the Stake holders on its newly launched LLP Portal. Hence forth, any user willing to avail any LLP related service for which payment of fees is required need to register on MCA21 system.  For registration, users have been categorised into following two categories:

        a)      Registered User

        b) Business User – these are further categorised into following roles

        ·          Designated partner

        ·          Practicing Professional

        ·          Authorised representative of a Foreign LLP

                    Authentication will be password based for a registered user and in case of business user; it will be DSC based authentication.  Users who are already registered in the MCA21  system are not required to register again. Their existing login credentials shall be applicable for availing services for LLPs also.

                    The existing users can login to the MCA21 system based on the following rules/ guidelines:

                    The users will be required to login under the “Registered User” with their existing user ID. They would need to enter the password as a combination of the first four characters of their User ID in CAPS and their date of birth (USER@ddmmyy).

                    Further they would be required to change their password on the first time login. Accordingly:

        1.      The Users who have their User –id length greater than 11 characters would be required to enter  only the first 11 characters in order to login.

        2. Users with same login credential (user-id) as similar to an existing user of MCA21 system will be able to login to the MCA system by pre-fixing ‘E’ before their user-id and the length of the user-id would be restricted to 11 characters. The list of all users whose user-id has been changed in the above format will be published on the LLP portal.

        3.In case same person has different user ids in LLP and MCA21 system, then they can continue to access the system with both the user-ids, however, transactions carried out in the earlier LLP system can be accessed through the earlier LLP system user-id. As a good practice, it is suggested to maintain a single user ID for future for ease of use.

        VERIFICATION AND UPDATION OF DESIGNATED PARTNERS’ / PARTNERS’ DETAILS

                    LLPs incorporated under the earlier LLP system (i.e. prior to 11th June 2012) are mandatorily required to verify the details of their Designated Partners and Partners. This facility will only be available to the Designated partner of the LLP.  The User would use the link ‘Migrated LLP Partners details’ available after logging in the LLP Portal. The information on this link would be required to be  digitally signed by the Designated Partner.

                    Important to note:

        • No e-Form filing will be allowed to the  LLP without verifying and updating these details.

        • In case while updating the partners’ details  using the above mentioned facility, no details are displayed, the DP will need to register separately as a Business user using his/ her DPIN and digital signatures. Thereafter, the details will be displayed based on the new business user ID.

        • Atleast one (1) of the Designated Partners (DP) should be resident in India. Resident  of India means a person who has stayed in India not less than 182 days during immediately preceding 1 year.

        • In case the residential status of the designated partner needs to be updated, user can update the same by using the above mentioned facility or by filing Form DIN-4 on MCA21 portal.

        CHANGE IN THE SERVICE REQUEST NUMBER (SRN)

                    The first two digits of SRN of the earlier LLP system (i.e. prior to 11th June 2012) are being replaced with “K”. All users are requested to access their transactions henceforth by replacing the first two digits with “K”.

        CHANGE IN CHARGE IDs   

                    The Charge ids issued to the users in the earlier LLP system (i.e. prior to 11thJune 2012) are being regenerated. The Users are required to use the “View Index of Charges” link to get the new charge  ids. The Users will be able to view their new charge id’s using the link.

        FILING OF FORMS UNDER RESUBMISSION STATUS       

                    The e-Forms filed in the earlier LLP system (i.e. prior to 11th June 2012) which are having status as Resubmission shall need to be resubmitted using the new LLP e-Forms LLP portal. Users need to download the new e-Forms from the LLP Portal by using the “LLP Forms Download” link.

        *****

           ST/-

        LLP Portal Authentication: registration, password and DSC rules govern access to LLP services and partner verification. Registration on MCA21 is required for fee based LLP services with users classified as Registered Users (password authentication) or Business Users (DSC authentication). Existing credentials remain valid with specified login formatting and mandatory first time password change. Migrated LLPs must have Designated Partners digitally verify and sign partner details before any e Form filing; at least one Designated Partner must be resident in India. Legacy SRNs and charge IDs are regenerated and e Forms in resubmission status must be resubmitted using new portal forms.
                          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.

                                LLP Portal Authentication: registration, password and DSC rules govern access to LLP services and partner verification.

                                Registration on MCA21 is required for fee based LLP services with users classified as Registered Users (password authentication) or Business Users (DSC authentication). Existing credentials remain valid with specified login formatting and mandatory first time password change. Migrated LLPs must have Designated Partners digitally verify and sign partner details before any e Form filing; at least one Designated Partner must be resident in India. Legacy SRNs and charge IDs are regenerated and e Forms in resubmission status must be resubmitted using new portal forms.





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                                ActsIncome Tax
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