https://www.taxtmi.com/acts?id=11189 A private company may convert into a limited liability partnership if there is no subsisting security interest in its assets and all shareholders become the LLP's partners; on registration the LLP succeeds to all the company's property, rights, liabilities and undertaking without further assurance, the company is deemed dissolved, pending proceedings and existing contracts continue enforceable by or against the LLP, and the LLP must comply with prescribed filing, notification and correspondence disclosure requirements. en-us Fri, 18 Sep 2009 16:01:18 +0530 Thu, 20 Jun 2024 12:35:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11189 A private company may convert into a limited liability partnership if there is no subsisting security interest in its assets and all shareholders become the LLP's partners; on registration the LLP succeeds to all the company's property, rights, liabilities and undertaking without further assurance, the company is deemed dissolved, pending proceedings and existing contracts continue enforceable by or against the LLP, and the LLP must comply with prescribed filing, notification and correspondence disclosure requirements. Act-Rules LLP Fri, 18 Sep 2009 16:01:18 +0530 https://www.taxtmi.com/acts?id=11189