ICAI releases revised edition 2025 of FAQs on the Limited Liability Partnership (LLP) Act, 2008
ICAI has released the revised edition of the FAQs on the Limited Liability Partnership (LLP) Act, 2008, updated in January 2025.
This guide provides essential insights into the LLP framework, covering key amendments, LLP formation, governance, partner responsibilities, and financial disclosures.
It also includes updates on compliance processes, LLP e-filing, and the transition to the MCA V3 portal, ensuring stakeholders are well-informed on the latest regulatory requirements.
This is a table of contents for a document about the Limited Liability Partnership (LLP) Act in India. Here’s a breakdown of the content:
Part A – LLP Act
Contents
Part A – LLP Act
- Definitions (1)
- Forms for LLP (4)
- Nature of Limited Liability Partnership (6)
- Incorporation and Matters Incidental Thereto (11)
- Partners and Their Relations (25)
- Significant Beneficial Ownership (35)
- Contribution and Financial Disclosures (42)
- Audit and Financial Statement (48)
- Compounding of Offences (51)
- Assignment and Transfer of Partnership Rights (55)
- Investigation (56)
- Conversion into LLP (63)
- Foreign Limited Liability Partnership (67)
- Compromise or Arrangement of LLP (72)
- Strike Off, Winding Up and Dissolution (80)
- Adjudication of Penalties (85)
- Applicability of certain sections of the Companies Act, 2013 to the LLPs (90)
- Income Tax in respect of Limited Liability Partnership Law (108)
- Miscellaneous (110)
- Penalties and Prosecutions (115)
- Annexure “A” (132)