Limited Liability Partnership rules require registers of partners, declarations of beneficial interest, and a responsible designated partner. The amendment mandates each LLP to maintain a Register of Partners in Form 4A recording partner particulars and detailed contribution information; requires registered partners and beneficial owners to file declarations of beneficial interest in Forms 4B and 4C within thirty days of entry or acquisition, with the LLP to record such declarations and file Form 4D with the Registrar within thirty days; and designates a partner responsible for providing information on beneficial interests to the Registrar, with specified timelines for entries and rectifications.
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Provisions expressly mentioned in the judgment/order text.
Limited Liability Partnership rules require registers of partners, declarations of beneficial interest, and a responsible designated partner.
The amendment mandates each LLP to maintain a Register of Partners in Form 4A recording partner particulars and detailed contribution information; requires registered partners and beneficial owners to file declarations of beneficial interest in Forms 4B and 4C within thirty days of entry or acquisition, with the LLP to record such declarations and file Form 4D with the Registrar within thirty days; and designates a partner responsible for providing information on beneficial interests to the Registrar, with specified timelines for entries and rectifications.
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