Thursday 28 July 2016

Draft Documents For Incorporation of Limited Liabilty Partnership (LLP)



 Limited Liability Partnership
Formation Procedure and Checklist



Formation of LLP

 
1 Obtain DSC (All DP)
2 Obtain DPIN (Min 2)
3 Name Approval (Form 1)
4 Submit Incorporation documents (Form 2)
5 Submit Agreement Details (Form 3)



Checklist for Designated Partners Identitification Number (DPIN)


 
1 DSC for concerned DP
2 User name (Not exceeding 10 Char)
3 Password (Not Exceeding 6 Mix of Cap, Small and numbers)
4 Photo Soft copy
5 Personal Details
6 Occupation
7 PAN Copy
8 DIN if Alloted
9 Details of Companies where Director
10 Proof of Address
11 Proof of Identity
12 Photo on Plain Sheet with 2 signatures below it



Checklist for Name Approval (Form 1)


 
1 DSC of Applicant DP
2 Name, Address and Occupation of Applicant
3 6 Proposed Names with significance of Key Words
4 Business Objects
5 Names of any two Designated Partners
6 DPIN and / or PAN of proposed DPs
7 Proposed Address of LLP
8 Proposed Contribution of LLP


Checklist for Incorporation Document (Form 2)

 
1 DSC for applicant DP
2 Details of All Partners
3 Designation (Partner / Designated Partner)
4 Full Address, DOB, Occupation, PAN, PP No, DPIN,
5 Contribution of Partner and nature
6 Subscriber Sheet (In prescribed format)



Checklist for Agreement Details (Form 3)

 
1 DSC for applicant DP
2 LLPIN
3 Copy of Agreement
4 If Agreement prior to incorporation, ratification resolution copy



Checklist for Conversion of Firm to LLP (Form 17)

 
1 DSC for applicant DP
2 Name of Firm
3 Address of Firm
4 Firm Registration No and Date
5 Date of Formation
6 Details of Partners
7 Statement of all Partners (in prescribed format)
8 Statement of Assets & Liabilities on Date of Conversion duly Certified by CA
9 List of Creditord
10 Consent from Creditors
11 Copy of Approval, if any required



Checklist for Conversion of Company to LLP (Form 18)
 
1 DSC for applicant DP
2 Name of Company
3 Address of Firm
4 CIN of Company
5 Date of Formation
6 Details of all Shareholders
7 Statement of all Shareholders (in prescribed format)
8 Statement of Assets & Liabilities on Date of Conversion duly Certified by CA
9 List of Creditors
10 Consent from Creditors
11 Copy of Approval, if any required





DRAFT FORMAT



Consent to act as Designated Partner





Consent to act as Designated Partner


Date: ……..



To

(Name and address of the limited liability partnership)





Subject: Consent to act as Designated Partner



I ………….., here by give my consent to act as designated partner of the ………… (Name of the LLP) pursuant to section 25(3) (c) / 7(4) of the Limited Liability Partnership Act, 2008.



S.NO.
PARTICULARS
DETAILS
1
Designated Partner Identification Number (DPIN)

2
Name (in full):

3
Date of birth:

4
Nationality:

5
Father’s Name (in full):

6
Present Residential Address

7
E-mail id:

8
Mobile no.:

9
Income-tax PAN. :

10
Details of company(s)/ LLP(s) in which partner/ designated partner is a director/ partner/, designated partner/ nominee/ nominee & designated partner as the case may be





“I having consented to become a partner / designated partner of limited liability partnership also hereby undertake to contribute money or other property or other benefit or to perform services for limited liability partnership as per my obligations described in the limited liability partnership agreement.”



I hereby state that I satisfy the conditions and requirements for being eligible to be a designated partner and I have not been disqualified to act as a designated partner.






Signature: …………………….

Designation: ………………….

DPIN :………………………

Date:

Place:










Designated Partner Interest


Details of company(s) / LLP(s) in which partner/ designated partner is a director/ partner, as the case may be






S.No.
CIN/ LLPIN
Name of Company/ LLP





























Form 9


[See rule 7 and 10(8)]


Consent to act as Designated Partner





Note All fields marked in *are to be mandatorily filled.




To









__________________________
                                                                              
                              Limited Liability Partnership

_________________________

(Name and address of the limited liability partnership)



Date: DD/MM/YYYY




Subject : Consent to act as Designated Partner




I, hereby give my consent to act as designated partner of the

(name of the LLP) pursuant to Section 7(3) of the Act.




Particulars




1. *Designated Partner Identification Number (DPIN) : _______________



2. *Name : _________________________



3. *Father’s /Husband’s Name : ________________________



4. *Present Residential address : __________________________



5. *E-mail ID : _______________________



6. Name of the Partnership Firm : ____________________



Or


                    LLPIN & Name of Limited Liability Partnership


Or


                     CIN & Name of the Company


Or

Name of any other body corporate whose nominee the designated partner is. : __________



I hereby state that I satisfy the conditions and requirements for being eligible to be a designated partner and I have not been disqualified to act as a designated partner.


  
To be signed by the designated partner: 


DPIN : ________________________


DPIN : ________________________



  
Date : ________

Place : _________





Signature Specimen




Size 4’*4’


(passport size)






Form for verification of signature











To be attested by 

                       Banker/Notary



  1. Names, father’s name and Address of subscribers: 


Name:

Father’s Name:

Address:



2. Specimen signatures:






Attestation 

(Signature of witness) 


Name:



Address:



Membership No:







Subscription Page
 

We, the several partners whose names are subscribed below, are desirous of being formed into a Limited Liability Partnership for carrying on a lawful business with a view to earn profit and have entered or agreed to enter into a Limited Liability Partnership agreement in writing.



We respectively agree to contribute money or other property or other benefit or to perform services for the Limited Liability Partnership in accordance with the Limited Liability Partnership agreement, the particulars of which are stated against our respective names.

We hereby give our consent to become a partner/ designated partner/ nominee/ nominee & designated partner of the LLP pursuant to section 7(4) / 25(3)(c) of the Limited Liability Partnership Act, 2008.




Details in respect of Names of Partners, Witnesses and their Signatures 
 

    Name of Each Partner/Designated Partner/Nominee/Nominee & Designated Partner
Designation (Designated Partner/Partner/Nominee/
Nominee &Designated Partner)
Signature of Partner/Designated Partner/Nominee/Nominee & Designated Partner Name, Address and Profession (along with professional membership no.) of Witness Signature of Witness
Name of the Party
1)




Designated Partner




Name of the Party
2)







Designated Partner








         Date :
         Place :



For LLP Draft Agreement kindly send mail me on meetesh.shiroya@gmail.com.



Thanks & Regards,
Meetesh Shiroya



22 comments:

  1. I HAVE FILLED LLP 2 AND SAME SENT FOR RESUBMISSION AS MARKED FOLLOWING REASON "PL. furnish affidavits from both DPs that LLP will not accept deposits from the public on Rs.50/- Stamp Paper". WHY ROC ASK ABOUT THIS.

    ReplyDelete
    Replies
    1. This declaration shall be given while incorporating Private Companies too just to confirm no deposits will be accepted and if accepted MCA will have more authenticity to take legal actions. This is also make promoters aware that they shall not accept deposits...

      Delete

  2. Thank you for sharing such a wonderful LLP registration information. It is a very informative and helpful post.
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    ReplyDelete
  3. sir hv filed llp-2 &llp-18 and same send for resubmission with the following:
    Pl. furnish ownership proof of title owner of regd. office address such as regd. ownership deed of Lease deed/ Sale
    deed, not furnish partners ID proof 2. Pl. state whether the co. has filed its latest B/s & A/r for the FY
    ended 31.03.2017 with copy of challan. 3.Pl state whether the co. is a regd. NBFC co. If so furnish NOC from RBI
    and if not furnish a CA, certificate (statutory Auditor) and all partners an affidavit in this regard stating that
    the co. is not a regd. NBFC co. neither the co. hasdone any NBFC business. 4.partners of firm have given their
    consent for conversion of the firm into the LLP, 5 All partners sign. the affidavit on stamp paper that all the
    assets & liabilities of the co. will transferred to LLP within 30 days of conversion. NOC should be notarized,
    Statement of assets and liabilities should be sign all partners
    please give some solution wat to file

    ReplyDelete
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