Thursday, 20 September 2018

Limited Liability Partnership Rules, 2018

Limited Liability Partnership (Second Amendment) Rules, 2018



In exercise of the powers conferred by sub-section (1) and (2) of section 79 of the limited Liability Partnership Act, 2008, the Central Government vide its notification dated 18 September, 2018 has amended the Limited Liability Partnership Rules, 2009 through the Limited Liability Partnership Second Amendment Rules, 2018 Which Shall Come into force with effect from 2nd October, 2018.


The amendments brought about through these Amendment Rules pertain to the introduction of From RUN-LLP (Reserve Unique Name-Limited Liability partnership), From Fillip (From for incorporation of Limited Liability Partnership), and the processing of these forms along with other forms (From 5, Form 17 and Form 18) shall be processed by the Registrar, Central Registration Centre (CRC) for and on behalf of the jurisdictional Registrar established under the provisions of the Companies Act, 2013.


Form RUN-LLP Shall substitute Form 1 for reservation of name 

and where an applicant had applied for reservation of name under rule 18 in From RUN-LLP and which has been approved, he may fill the reserved name as the proposed name of limited liability partnership.


From Fillip Shall substitute 

From 2 for incorporation of Limited Liability Partnership under the Act and the said from shall also be used in situation where if an individual required to be appointed as designated partner does not have a DPIN or DIN, application for allotment of DPIN shall be made in From Fillip by not more than two individuals. The said from shall also be used to make an application for reservation of name of LLP.

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