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CS Executive · Setting Up of Business, Industrial and Labour Laws · Limited Liability Partnership

Nirmal Pvt Ltd converted into an LLP and its certificate of registration is dated 1 March. The LLP wants to meet its follow-up duty to inform the Registrar of Companies of the conversion. Within what period must it do so?

The LLP must inform the concerned Registrar of Companies within fifteen days of the date of registration. The proviso to Section 58(1) requires this intimation, with the LLP's particulars, in the prescribed form and manner, to the Registrar with which the company was registered.

  1. AWithin fifteen days of the date of registrationCorrect
  2. BWithin thirty days of the date of registration
  3. CWithin sixty days of the date of registration
  4. DWithin ninety days of the date of registration

Explanation

The proviso to Section 58(1) requires the LLP, within fifteen days of the date of registration, to inform the Registrar of Firms or Registrar of Companies, as applicable, about the conversion and the LLP's particulars. Thirty days is a common but incorrect assumption.

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