In accordance with the Ministry`s communication of October 15, 2015, Form 2A (endorsement) is linked to Form 2. When Form 2 is filed and the number of partners exceeds 200, Form 2A (addendum) must be submitted for the number of partners over 200. The authorized name of the LLP is valid for a period of three months from the date of approval. If the proposed LLP is not included in this time frame, the name has expired and is available to other applicants/LLP. Please note that there is no provision for name renewal. If, as on March 31 of the fiscal year for which the return is submitted, the total number of designated partners (DPs) and partners exceeds two cents, the screen data must be updated. This information must be provided on the screen before filling in the eForm 11. Once the details are updated on the LLP portal, a servicerequest number (NRS) is generated by the system, which must be indicated at the time of the submission of Form 11. Also note that the submission of Form 11 is not eligible if another eForm 11 is pending to pay a fee or if another eForm 11 for NSS has been processed or already approved. Each partner notifies the LLP of any name or address changes within 15 days of the date of this change. The LLP, on the other hand, would be required to submit this information to the Clerk within thirty days of such a change in Form 4. To create a login ID and password, click www.icai.org on the SSP link (self-service portal) that appears at the top of the site`s home page. They end up on the application form, fill out the details and submit.
The name is reserved in the system for a period of three years and an application for renewal of the name should be submitted before the expiry of a three-year period. If the name is renewed, the name should be reserved for an additional three years after the renewal date. Note: Both forms can be submitted simultaneously and the LLP partners in which the business is to be converted include all the partners of the company and no one stops: within the meaning of the Board`s decision of 14 The following guidelines have been finalized for the transformation of CA businesses into LLP and the formation of separate LLPs by practicing accountants, which are intended for the transformation of CA businesses into LLP or the creation of new LLPs by members in the Institute`s practice, in accordance with the provisions of the Partnership Liability Act (LLP), 2008 and which are subject to:- (A) the transformation of CAP`s businesses into LL 1. All existing CA companies wishing to become LLP are required to comply with Chapter X provisions of the Limited Liability Partnership Act in 2008, with a second act called Second Schedule to the be, which contain provisions relating to the transformation of existing businesses into LLP. 2. Within the meaning of Article 18, paragraph 2, paragraph 2, LLP- 2009: if the proposed name of LLP contains the terms “Chartered Accountant” or “Chartered Accountants,” as may be the case, under the proposed name, the same thing is referred by the LLP Registrar to the Institute of Accountants of India (ICAI) and is authorized by the Clerk only if the Secretary, ICAI, authorizes it. (3) If the proposed name of LLP from CA companies is identical to other non-CA companies, in accordance with the designation guidelines under the LLP Act and its rules, if the proposed name of LLP may be included in the word “Chartered Accountant” or “Chartered Accountants” on behalf of the LLP itself and the Registrar, the LLP may authorize the same name, subject to compliance with Rule 18 (2) (xvi) of the LLP rules. (4) For the purpose of registering LLP with ICAI, pursuant to Rule 190 of the 1988 Accounting Regulations, the company`s partners use Form ICAI No.