https://www.taxtmi.com/news?id=23676 Proposed decriminalisation under the Limited Liability Partnership Act shifts minor, non malicious compoundable offences to an In house Adjudication Mechanism, retains criminal treatment for serious fraudulent or public interest harms, and includes complementary measures: creation of a Small LLP category with reduced compliance, permission for LLPs to raise capital through fully secured Non Convertible Debentures from regulated investors, and reduction of additional late filing fees to promote timely compliance. en-us Wed, 03 Feb 2021 18:33:21 +0530 Wed, 03 Feb 2021 18:33:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23676 Proposed decriminalisation under the Limited Liability Partnership Act shifts minor, non malicious compoundable offences to an In house Adjudication Mechanism, retains criminal treatment for serious fraudulent or public interest harms, and includes complementary measures: creation of a Small LLP category with reduced compliance, permission for LLPs to raise capital through fully secured Non Convertible Debentures from regulated investors, and reduction of additional late filing fees to promote timely compliance. News - Wed, 03 Feb 2021 18:33:21 +0530 https://www.taxtmi.com/news?id=23676