Home / 
Section 47 Amendment: Exemption for Conversion to LLP if Total Assets Don't Exceed Five Crore Rupees.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Amendment of section 47 - exemption all be allowed in case of conversion into Limited Liability Partnership where total assets in books of accounts of the company does not exceed five crore rupees....