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CSEET · Business Laws and Management · Elements of Law relating to Partnership and Limited Liability Partnership

After a private company is converted into an LLP and the certificate of registration is issued, within what time must the LLP inform the concerned Registrar of Companies about the conversion and particulars of the LLP?

The LLP must inform the concerned Registrar of Companies, or Registrar of Firms in the case of a firm, within fifteen days of the date of registration, giving particulars of the conversion in the prescribed form and manner.

  1. ASeven days of the date of registration
  2. BFifteen days of the date of registrationCorrect
  3. CThirty days of the date of registration
  4. DSixty days of the date of registration

Explanation

The proviso to section 58(1) requires the LLP to inform the concerned Registrar of Firms or Registrar of Companies, within fifteen days of the date of registration, about the conversion and the LLP's particulars in the prescribed form and manner.

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