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CONVERSION OF COMPANY INTO LLP ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Kashish asked about 3 years ago

CONVERSION OF COMPANY INTO LLP ?

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered over 2 years ago

Dear Friend, > CONVERSION OF COMPANY INTO LLP --For conversion of company into llp there should not be any security on the assets of the company --All the assets and liabilities of company will get bestowed in llp --All shareholders of company become partners of LLP --Creditors' consent is mandatory --Statement of assets and liabilities has to be obtained by chartered accountant --Acknowledgement of last ITR will also be needed --After all these steps company stands dissolved. --Process for conversion is as follows --first obtain DIN/ DSC --Then apply for Name in form 1 --Next enter into LLP Agreement --Then submit form 2 --Submit form 17 or 18 as applicable --Obtain conversion certificate --Then submit form 14 within 15 days --Submit form 3 and 4 within 30 days --The process time is 15- 20 days

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 CA Sandeep Bohra answered over 2 years ago

Dear Friend, --For conversion of company into llp there should not be any security on the assets of the company --All the assets and liabilities of company will get bestowed in llp --All shareholders of company become partners of LLP --Creditors' consent is mandatory --Statement of assets and liabilities has to be obtained by chartered accountant --Acknowledgement of last ITR will also be needed --After all these steps company stands dissolved. --Process for conversion is as follows --first obtain DIN/ DSC --Then apply for Name in form 1 --Next enter into LLP Agreement --Then submit form 2 --Submit form 17 or 18 as applicable --Obtain conversion certificate --Then submit form 14 within 15 days --Submit form 3 and 4 within 30 days --The process time is 15- 20 days.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered almost 3 years ago

For conversion of company into llp there should not be any security on the assets of the company All the assets and liabilities of company will get bestowed in llp All shareholders of company become partners of LLP Creditors' consent is mandatory Statement of assets and liabilities has to be obtained by chartered accountant Acknowledgement of last ITR will also be needed After all these steps company stands dissolved.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered about 3 years ago

**CONVERSION OF COMPANY INTO LLP** Hi, For conversion of company into llp there should not be any security on the assets of the company All the assets and liabilities of company will get bestowed in llp All shareholders of company become partners of LLP Creditors' consent is mandatory Statement of assets and liabilities has to be obtained by chartered accountant Acknowledgement of last ITR will also be needed After all these steps company stands dissolved. Process for conversion is as follows first obtain DIN/ DSC Then apply for Name in form 1 Next enter into LLP Agreement Then submit form 2 Submit form 17 or 18 as applicable Obtain conversion certificate Then submit form 14 within 15 days Submit form 3 and 4 within 30 days The process time is 15- 20 days. Thanks

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