CiteTEXT
..., Popular Printers Popular Dealers, My Popular Marine Products LLP& Mary Rani Trading LLP,Popular Tower, Vakayar, Konni.
11. M/s Popular Printers, a partnership firm...partnership firm with its Head Office at Popular Towers, Vakayar, Konni, Represented by its partners.
13. Mary Rani Trading LLP Regd. Office 10/1, Popular Tower, Vakayar...: Opposite parties
Previously known as Popular Financiers, A partnership firm with its office at Popular Tower, Vakayar, Konni, represented by...
...the Registrar of Firms declining registration of a partnership firm constituted by the petitioner is under challenge in this Writ Petition. The reason stated in Ext. P2 is that a LLP cannot be a partner...of a firm. 2. Petitioner claims to be the designated partner of Sleeplock LLP which is a limited liability partnership registered under the...Limited Liability Partnership Act, 2008 (for short "LLP Act"). The Sleeplock LLP formed a partnership firm along with one Gourav Raj in the name and style of M/s. Morning Owl Sleep Solutions. A...
...(Rajasthan). The said LLp was constituted to provide legal services. It is the case of the Petitioner that the firm was running its activities a,cl complying with statutory responsibilities regularly...dated z0.0g.z0lg, to strike offthe name of the firm from records of the Registrar of LLp but did not receive any response from the Respondent. copy of the l.etter in this regard is annexed as Annexure I...l ' The present petition is filed in the matter of M/s Rakshita & Associates LLp (hereinafter referred as "petitioner',) through Mr. Satish Kumar Bhargava as its only surviving partner...
...under Section 75 of the LLP Act read with Rule 37(2) of the LLP Rules 2009 for striking off the names of the Firm from the Register of LLPs and consequently the name of the...Firm was struck off from the Register of LLPs vide Public Notice No. RoC/AP&TG/LLP/Sec.75/Strike off/Rules 37(3)/ 503/ 2018 dated 08.08.2018. The non-filing of returns was neither deliberate nor wilful...Appellants and perused the records. The materials available on record indicate that the failure to furnish the statutory returns with the RoC was not intentional. Apparently the Firm (LLP) has been...
...01.04.2014, amounts to making it retrospective which is not permissible, and therefore, bad in law. Earlier a similar provision existed i.e., Section 274(1)(g) of.... Union of India, 2007 (75) SCL 375; the disqualification of “Director” under Section 164(2) is automatic, by operation of law as soon as default is committed and identified by concerned Registrar...had ample notice of default committed by him and grievance with regard to lack of notice is nothing but a pretext; There is no prejudice caused to petitioner since it is only by operation of law; in...
.... However, due to the illegal activities of the partners of LLP firm, the petitioner made a complaint before the Law Enforcing Agency however, no FIR was registered with regard to the same. Aggrieved by...short 'LLP firm') which was registered under the Companies Act. Subsequently, there was a dispute between the petitioner and the partners of the firm, due to which, the petitioner left out of the firm...which, the petitioner made a representation on 23.06.2025 before the respondent seeking to appoint an inspector under the LLP Act 2018 in order to avoid the said illegal activities of the firm and its...
...introduction of M/s. Go Green Diamond LLP as a partner in the petitioner firm. It is the case of the original petitioner that subsequently the partners, namely, (1) Chirag Bakulbhai Limbasiya, (2) Nirav...Shaileshbhai Patel, (3) Niranjanaben Sunilbhai Patel and (4) M/s. Go Green Diamonds LLP were introduced as partners in the firm on account of two partners having retired from the firm by virtue of...ground that in view of Section 2(42) of the Indian Partnership Act, 1932, M/s. Go Green Diamonds LLP cannot become a partner in the partnership firm. As a result of this, the petitioner through his...
...consideration. Neither any sale deed nor any conveyance deed has been executed. Transfer of assets of erstwhile partnership firm to LLP is by operation of law. Conversion to LLP is normally undertaken for...)(b) of the Limited Liability Partnership Act.
26. The transfer of assets of firm to the LLP is by operation of law. Being statutory transfer, no separate conveyance...communication dated 20.08.2017. The permission to change the name of petitioner Firm in the revenue record from ‘M/s. Sozin Flora Pharma’ to ‘M/s. Sozin Flora Pharma LLP’ was granted on the condition...
...business of firm"
From the above, it is made clear that the LLP can take loans from partner. Therefore, the Transferee LLP has obtained the loan within four corners of law...)
1
IN THE NATIONAL COMPANY LAW TRIBUNAL
COURT-III, NEW DELHI
LLP PETITION (CAA...Transferee LLP to take loans. Clause 43 and 44 are retreated herein below for easy reference;
"43. The firm shall be at liberty to obtain additional funds by raising...
...contribution to Mary Rani Trading Limited
3
Liability Partnership Firm as the share of partnership in the said LLP subject to...partner since the complainant would become owner of the partnership firm by virtue of making contribution to LLP firm. In short the complainant would not come within the purview of consumer. Therefore...] V/s
1. Mary Rani Trading LLP : Opposite parties Regd.Office:10/1, Popular Tower Vakayar P.O, Konni,
Pathanamthitta-689698.
Represented by its...
...set out below: a. Declare that the Plaintiff, being a Partner of the Defendant no. 3 and having consequential rights under law and the LLP Agreement, has at all times right of access to all business...any manner, directly or indirectly, any rights which the Plaintiff may have as a Partner of the Defendant no. 3 under applicable law or the LLP Agreement, otherwise than by the process of law; or f..., 2008 includes an LLP and Section 2(1)(u) of the LLP Act defines Tribunal to be the National Company Law Tribunal. Therefore, in respect of disputes between partners of the LLP, the jurisdiction would...
...partnership firm in their records be recorded.
18) Section 25(2) of LLP Act, 2008, mandates for filing a Notice of cessation of Partner with the Registrar, within 30 days...by the LLP firm. Section 25(4) of the LLP Act, 2008 prescribes the imposition of fine for non- compliance of the provision of Section 25(2) of the LLP Act, 2008. It is clear that Notice of resignation...
IN THE NATIONAL COMPANY LAW TRIBUNAL
COURT ROOM NO. 1,
MUMBAI BENCH
CP/36/(MB)/2023 Interlocutory...
...
Page 1 of 7
IN THE NATIONAL COMPANY LAW TRIBUNAL
BENGALURU...
U/s 59(7) of the IBC, 2016
In the matter of:
Kiewit India LLP
Represented by Mr. Vivek Mallya Liquidator of...Kiewit India LLP Overseas Exports Building, Jayanagar, 07thBlock, KR Rd., Bangalore - 560 070. - Applicant/Liquidator
Order delivered on: 25.05.2023...
...
3. The facts of the case are that the assessee is a Limited Liability Partnership Firm (in short, 'LLP'). The date of incorporation of LLP was 22.06.2016. The...converted into LLP on 04.07.2016. The firm had filed its return of income for AY.2015-16 on 30.09.2015 declaring total income of Rs.57,43,190/-. Subsequently, information was received by the AO from the.... As the partnership firm was converted into LLP with the same name with all assets and liabilities of the erstwhile firm with a new PAN, proceeding u/s 147 of the Act was initiated against the assessee...
...desired to introduce Go Green Diamonds LLP, a firm registered under the provisions of Limited Liability Partnership Act, 2008 (for short "LLP Act") as a constituent partner of petitioners firm and...the Act that the partnership firm under the LLP Act cannot be a partner in the partnership firm. Though extensive representation made by the petitioners, the respondent-Registrar of Firms did not...Act was cited. It is submitted that the partnership firm registered under the LLP Act is incompetent to be a partner in another partnership firm registered under the Act. Emphasis is led on the issue of...
...the amount is treated by the AO as salary income instead of share profit from the
LLP.
2) The ld. CIT(A) erred in law as...nature of business, activities of the LLP were against the LLP law. The AO further observed that the LLP had only 2 partners namely, M/s Enam shares and Securities Pvt. Ltd. and the appellant who...questioned the genuineness of the said LLP. For the AY 2014-15, being the year of incorporation, the assessment of the LLP was completed in the status of "firm" u/s 143(3) by the ITO, Wd 17(1)(4), Mumbai...
...to be inducted in the respondent No.3 firm. The petitioners thereafter, decided to retire from the respondent No.3-LLP. Accordingly, the petitioners served a notice of cessation to resign as designated...respondent no.3 and accordingly notify/declare petitioners as retired/resigned from the post of partners of respondent no.3 I.e., Samridhi Spinning Mills LLP (LLPIN: AAC-8568) and amend their data/record...of respondent no.3 i.e., Samridhi Spinning Mills LLP and amend their data/record accordingly, and
C. Pending admission, hearing and final disposal of this...
...
Page 1 of 8
IN THE NATIONAL COMPANY LAW TRIBUNAL
BENGALURU...matter of:
Mr. Kondisetty Kumar Dushyantha
Liquidator of Harohalli Land LLP No.240, First Floor, 32ndCross, Jayanagar...)
1. The instant Company Petition is filed by Mr. Kondisetty Kumar Dushyantha, Liquidator of Harohalli Land LLP ('Applicant') under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, r/w...
...LLP by NET ASSET VALUE method has been prepared by independent registered valuer firm, i.e.
Bizxpert Valuation Services Private Limited (IBBI Registration...
IN THE NATIONAL COMPANY LAW TRIBUNAL
MUMBAI BENCH -IV
CA(CAA)/ 135/MB-IV/2024...
In the matter of Scheme of Arrangement
Between
Waluj Beverages LLP
("Transferor LLP...
...D G M E N T
The petitioner No.1 is a Limited Liability Partnership (for short, 'LLP') firm registered as per Section 23 (4) of the Limited Liability Partnership...Kerala [2015 (1) KLT 116], submitted that while one of the partners of an LLP brings his individual immovable property into the common stock of the firm by way of a written instrument, it does not...
common stock of the firm would become the property of the firm by virtue of Section 14 of the Indian Partnership Act as well as Section 32 of the LLP Act...