CONVERSION OF CA FIRMS INTO LLP Prepared by CA K
Description: CONVERSION OF CA FIRMS INTO LLP Prepared by CA K S Ravi REQUIREMENTS FOR CONVERSION INITIAL PROCEDURE REGARDING NAME VARIOUS FORMS CHAPTER 10 LLP Act, 2008 PROVISIONS UNDER CHAPTER 10 Continued SECOND SCHEDULE (SECTION 55) FIRM MEANS
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slide1. CONVERSION OF CA FIRMS INTO LLP Prepared by CA K S Ravi<br>
slide2. REQUIREMENTS FOR CONVERSION<br>
slide3. INITIAL PROCEDURE REGARDING NAME<br>
slide4. VARIOUS FORMS<br>
slide5. CHAPTER 10 – LLP Act, 2008<br>
slide6. PROVISIONS UNDER CHAPTER 10<br>
slide7. Continued …<br>
slide8. SECOND SCHEDULE (SECTION 55)<br>
slide9. FIRM MEANS<br>
slide10. CONVERT<br>
slide11. ELIGIBILITY FOR CONVERSION<br>
slide12. STATEMENT TO BE FILED<br>
slide13. REGISTRATION OF CONVERSION<br>
slide14. REGISTRAR MAY REFUSE TO REGISTER<br>
slide15. EFFECT OF REGISTRATION<br>
slide16. REGISTRATION RELATING TO PROPERTY<br>
slide17. PENDING PROCEEDINGS<br>
slide18. CONTINUANCE OF CONVICTION, RULING OR ORDER OR JUDGEMENT<br>
slide19. EXISTING ARRANGEMENTS<br>
slide20. EXISTING CONTRACTS<br>
slide21. CONTINUANCE OF EMPLOYMENT<br>
slide22. EXISTING APPOINTMENT, AUTHORITY AND POWER<br>
slide23. APPROVALS AND LICENSE<br>
slide24. PARTNERS LIABILITY<br>
slide25. NOTICE OF CONVERSION IN CORRESPONDENCE<br>
slide26. Council Guidelines for conversion of CA firms into LLPs dated 14-11-2011 vide Guidelines No.1-CA (7)/03/2011<br>
slide27. Provision for Chartered Accountants in particular<br>
slide28. CA Regulations 1988<br>
slide29. CA Regulations and the LLP Act for name approval<br>
slide30. Continued …<br>
slide31. CONVERSION OF SOLE PRACTIONERS INTO LLP<br>
slide32. FIRM NUMBER<br>
slide33. SENIORITY AND CODE OF ETHICS<br>
slide34. SUBJECT TO CLARIFICATIONS<br>
slide35. OTHER GUIDELINES<br>
slide36. CONSTITUTION OF SEPARATE LLPS<br>
slide37. SENIORITY GUIDELINES ON CONVERSION<br>
slide38. CONTINUED…<br>
slide39. Continued … In case of any dispute in respect of these guidelines, the same shall be referred to the committee of the Institute and the decision of that committee shall be final and binding on the members of the Institute.
For the purpose of any clarification regarding the approval and registration of proposed LLP with the ICAI, the requests can be sent at the following address:-
The Secretary
The Institute of Chartered Accountants of India
P.B No: 7100, “ICAI Bhavan”, Indraprastha Marg
New Delhi – 110002
These Guidelines shall come into force w.e.f. 4th November, 2011.<br>
slide40. Fees to be paid for incorporation/conversion Every LLP shall specify LLP identification number (LLPIN) in all the forms used.
Fees to be paid for registration The amount shall be paid into the Public Account of India through Credit Card, Internet Banking, Remittance at Bank Counter or any other mode approved by CG<br>
slide41. Forms for various issues<br>
slide42. Designated Partner Identification Number<br>
slide43. Incorporation of LLP<br>
slide44. Address of LLPs<br>
slide45. Form of Contribution<br>
slide46. SMALL LLP<br>
slide47. THANK YOU<br>
slide2. REQUIREMENTS FOR CONVERSION<br>
slide3. INITIAL PROCEDURE REGARDING NAME<br>
slide4. VARIOUS FORMS<br>
slide5. CHAPTER 10 – LLP Act, 2008<br>
slide6. PROVISIONS UNDER CHAPTER 10<br>
slide7. Continued …<br>
slide8. SECOND SCHEDULE (SECTION 55)<br>
slide9. FIRM MEANS<br>
slide10. CONVERT<br>
slide11. ELIGIBILITY FOR CONVERSION<br>
slide12. STATEMENT TO BE FILED<br>
slide13. REGISTRATION OF CONVERSION<br>
slide14. REGISTRAR MAY REFUSE TO REGISTER<br>
slide15. EFFECT OF REGISTRATION<br>
slide16. REGISTRATION RELATING TO PROPERTY<br>
slide17. PENDING PROCEEDINGS<br>
slide18. CONTINUANCE OF CONVICTION, RULING OR ORDER OR JUDGEMENT<br>
slide19. EXISTING ARRANGEMENTS<br>
slide20. EXISTING CONTRACTS<br>
slide21. CONTINUANCE OF EMPLOYMENT<br>
slide22. EXISTING APPOINTMENT, AUTHORITY AND POWER<br>
slide23. APPROVALS AND LICENSE<br>
slide24. PARTNERS LIABILITY<br>
slide25. NOTICE OF CONVERSION IN CORRESPONDENCE<br>
slide26. Council Guidelines for conversion of CA firms into LLPs dated 14-11-2011 vide Guidelines No.1-CA (7)/03/2011<br>
slide27. Provision for Chartered Accountants in particular<br>
slide28. CA Regulations 1988<br>
slide29. CA Regulations and the LLP Act for name approval<br>
slide30. Continued …<br>
slide31. CONVERSION OF SOLE PRACTIONERS INTO LLP<br>
slide32. FIRM NUMBER<br>
slide33. SENIORITY AND CODE OF ETHICS<br>
slide34. SUBJECT TO CLARIFICATIONS<br>
slide35. OTHER GUIDELINES<br>
slide36. CONSTITUTION OF SEPARATE LLPS<br>
slide37. SENIORITY GUIDELINES ON CONVERSION<br>
slide38. CONTINUED…<br>
slide39. Continued … In case of any dispute in respect of these guidelines, the same shall be referred to the committee of the Institute and the decision of that committee shall be final and binding on the members of the Institute.
For the purpose of any clarification regarding the approval and registration of proposed LLP with the ICAI, the requests can be sent at the following address:-
The Secretary
The Institute of Chartered Accountants of India
P.B No: 7100, “ICAI Bhavan”, Indraprastha Marg
New Delhi – 110002
These Guidelines shall come into force w.e.f. 4th November, 2011.<br>
slide40. Fees to be paid for incorporation/conversion Every LLP shall specify LLP identification number (LLPIN) in all the forms used.
Fees to be paid for registration The amount shall be paid into the Public Account of India through Credit Card, Internet Banking, Remittance at Bank Counter or any other mode approved by CG<br>
slide41. Forms for various issues<br>
slide42. Designated Partner Identification Number<br>
slide43. Incorporation of LLP<br>
slide44. Address of LLPs<br>
slide45. Form of Contribution<br>
slide46. SMALL LLP<br>
slide47. THANK YOU<br>