Closing a Limited Liability Partnership
Closing up of a Limited Liability Partnership There are instances where a registered Limited Liability Partnership wishes to make the LLP Wind Up and close the business. A Limited Liability Partnership is bound to follow few compliances even if they are not carrying out any business. In such situations striking off, a Limited Liability Partnership is more cost-effective than continuing the same. Prior to the new amendments, closing up a Limited liability partnership was a mammoth task of [...]
Limited Liability Partnership Annual Compliance
Limited Liability Partnership Annual Compliance / LLP Annual Compliance Limited Liability Partnership was introduced by the Limited liability Partnership act 2008, it is a corporate business vehicle that is meant to be an improved version over a registered partnership where there was no way of limiting a partner's liability. Whereas the Limited Liability Partnership brings all the goodies on to the table with an easy and cost-friendly incorporation process, keeping all the positive points in mind many businesses [...]
Fast Track Exit For Companies
Fast Track Exit For Companies There are instances where a registered company wishes to close their business but are unable to because of the complex procedures and compliances that need to be followed for the closure. A Private Limited Company is bound to follow a certain set of compliances even if the business has never functioned. In such situations, closure of a company seems to be a better option than to continue it. And in order to simplify [...]
10 Compliance’s to Follow Post Incorporation of Your Company
10 Compliance to Follow Post Incorporation of Your Company Congratulations, you've got your certificate of incorporation and are now all set to launch your product or service in the market. But let the joy of starting a new venture not make you forget to stay compliant with laws and regulations. Every company, once registered should always keep itself compliant to make sure the business and its functions don't get affected, so here we have compiled a list of compliance [...]
Prevention Of Sexual Harassment Of Women At Workplace
Prevention Of Sexual Harassment Of Women At Workplace In a scenario where every single day we hear about women being victimized for all wrong reasons, every citizen needs to take up certain responsibilities if they wish to curb out the misfortune that women face everywhere. With growing issues of harassment of women at workplace Companies and Businesses should start putting up efforts to keep their workplace safe and maintain a professional environment for everyone. Sexual Harassment Of Women [...]
Conveting OPC to Private Limited Company
Converting OPC to a Private Limited Company One Person Companies one of the most popular business structures today, empowering a solo entrepreneur to start his journey. Introduced with the Companies Act 2013, One Person Company first time brought the concept of a Private Limited Structure which required only one member to start. A One Person Company is populated with features like Corporate Existence, Limited Liability but is crippled by a few restrictions which restrict future expansion such as [...]