December 2023

Section 67C The Limited Liability Partnership Act, 2008

Appeal and revision The High Court may exercise, so far as may be applicable, all the powers conferred by Chapters XXIX and XXX of the Code of Criminal Procedure, 1973 on a High Court, as if a Special Court within the local limits of the jurisdiction of the High Court were a Court of Sessions […]

Section 67B The Limited Liability Partnership Act, 2008

Procedure and powers of Special Court. (1) Notwithstanding anything contained in the Code of Criminal Procedure, 1973, all offences specified under sub-section (1) of section 67A shall be triable only by the Special Court established or designated for the area in which the registered office of the limited liability partnership is situated in relation to which the

Section 67A The Limited Liability Partnership Act, 2008

Establishment of Special Courts. (1) The Central Government may, for the purpose of providing speedy trial of offences under this Act, by notification, establish or designate as many Special Courts as may be necessary for such area or areas, as may be specified in the notification. (2) The Special Court shall consist of— (a) a

Section 67 The Limited Liability Partnership Act, 2008

Application of the provisions of the Companies Act (1) The Central Government may, by notification in the Official Gazette, direct that any of the provisions of 1[the Companies Act, 2013] specified in the notification (a) shall apply to any limited liability partnership; or (b) shall apply to any limited liability partnership with such exception, modification and adaptation, as may be

Section 66 The Limited Liability Partnership Act, 2008

Business transactions of partner with limited liability partnership A partner may lend money to and transact other business with the limited liability partnership and has the same rights and obligations with respect to the loan or other transactions as a person who is not a partner. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax

Concept of Resolution under Companies Act 2013

Resolution is a decision or agreement mane by the directors and shareholders of the company. When a resolution is proposed it is called motion. After passing a resolution company is bound to act according to it.A resolution is a formal way in which a company can note decisions that are made at a meeting of

Process Audit

A process audit is a structured review of an organization’s processes to identify where improvements can be made. Process audits can help organizations improve the efficiency and effectiveness of their operations by identifying areas where improvements are needed. An audit aims to determine whether a company adheres to expected standards by objectively analyzing and examining its operations.

Section 64 The Limited Liability Partnership Act, 2008

Circumstances in which limited liability partnership may be wound up by Tribunal This table simplifies the conditions under which the Tribunal can order the winding up of an LLP as per Section 64 of the LLP Act. Each provision outlines a specific scenario that triggers the Tribunal’s authority to initiate the winding-up process. Provision Circumstances