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of <h1>New LLP Rules 2023: Maintain Partner Registers, File Declarations with Registrar Using Updated Forms 4A, 4B, and 4C.</h1> The Limited Liability Partnership (Third Amendment) Rules, 2023, introduced by the Ministry of Corporate Affairs, amend the LLP Rules, 2009. Effective upon publication, these amendments require LLPs to maintain a register of partners in Form 4A, detailing partner information, contributions, and changes. Partners not holding beneficial interest must declare this using Form 4B, while beneficial partners must declare their interest using Form 4C. LLPs must record these declarations and file returns with the Registrar. A designated partner will be responsible for providing information on beneficial interests to authorities. New forms replace the existing Form 4 for compliance.
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