Limited Liability Partnership Amendment Rules 2022. Change in LLP name pursuant to Trade Mark

Limited Liability Partnership (Amendment) Rules, 2022

MCA has notified the Limited Liability Partnership (Amendment) Rules, 2022 by amending the Limited Liability Partnership Rules, 2009.

In the amended rule 19 it has been provided that a LLP, a company or a proprietor of a registered trade mark and a limited liability partnership is incorporated subsequently then, it may apply to the Regional Director for directing change in the name of LLP.

Further it has been provided that in case a Limited Liability Partnership fails to change its name or new name, as the case may be, in accordance with the direction issued within a period of three months then, the letters -“ORDNC” (which is an abbreviation of the words ―Order of Regional Director Not Complied”), the year of passing of the direction, the serial number and the existing LLPIN of the LLP shall become the new name of the LLP without any further act or deed by the LLP.

Further new Rules 37A, 37B, 37C and 37D have been added prescribing detailed procedures for adjudication of penalties and appeals.

Download Notification Click Here >>

• A bland statement of ‘fraud or concealment of facts” in GST Notice u/s 74 not sufficient – SC
• For claiming deduction u/s 57(iii), test is of purpose and connection, not actual yield – ITAT
• Unless medical certificate are held forged & fictitious, appeal can’t be rejected on ground of delay
• One Star Export House status allowed based on export performance in two FYs
• Agricultural land is outside the deeming provision u/s 56(2)(x) – ITAT