Companies Act

Power of striking off name of defunct LLP to be exercised by CPACE in place of Registrar

Power of striking off name of defunct LLP to be exercised by Centre for Processing Accelerated Corporate Exit (CPACE). The Limited Liability Partnership (Amendment) Rules, 2024

Ministry Of Corporate Affairs

NOTIFICATION

New Delhi, the 5th August, 2024

G.S.R. 475(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules, 2009, namely: –

1. (1) These rules may be called the Limited Liability Partnership (Amendment) Rules, 2024.

(2) They shall come into force with effect from 27th day of August, 2024.

2. In the Limited Liability Partnership Rules, 2009, in rule 37,-

(i) in sub-rule (1),-

(A) in clause (b), after the word “Registrar”, the words “the Centre for Processing Accelerated Corporate Exit” shall be inserted;

(B) in the first proviso, after the word “Registrar”, the words “the Centre for Processing Accelerated Corporate Exit” shall be inserted;

(C) the following Explanation shall be inserted, namely:-

Explanation.– for the purposes of this sub-rule, the Centre for Processing Accelerated Corporate Exit means the office of Centre for Processing Accelerated Corporate Exit established by the Central Government, vide notification number S.O. 1269(E), dated 17th March, 2023 issued under sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013)”;

(ii) in sub-rule (3), after the word “Registrar” occurring at both places, the words “or the Centre for Processing Accelerated Corporate Exit, as the case may be” shall be inserted;

(iii) in sub-rule (4), after the word “Registrar”, the words “or the Centre for Processing Accelerated Corporate Exit, as the case may be” shall be inserted;

[F. No. 01/2/2021-CL-V-MCA-Part(3)]

MANOJ PANDEY, Addl. Secy.

Note: The principal rules, were published in the Gazette of India, vide notification number G.S.R. 229 (E) dated the 01st April, 2009 and last amended, vide notification number G.S.R 803 (E) dated the 27th October, 2023.

Download MCA Notification >>

Share

Recent Posts

  • Income Tax

Form 26 to replace Form 3CD of tax audit report by a CA from Tax Year 2026-27

Form 26 to replace Form 3CD of tax audit report from Tax Year 2026-27 Draft Form 26 has been issued…

6 hours ago
  • Income Tax

When no addition is made on the basis of reasons recorded, reopening is bad in law

When AO do not make any addition on the basis of the reasons on which the reopening was done, the…

7 hours ago
  • Insurance

No separate compensation for loss of love and affection under MV Act – SC

Under MV Act separate compensation can not be granted under the head “loss of love and affection” – Supreme Court…

1 day ago
  • Income Tax

Trust accredited by National Open School eligible for registration u/s 12AB & u/s 80G

Trust accredited by National Institute of Open Schooling eligible for registration u/s.12AB and u/s 80G of the Act. In a…

1 day ago
  • Income Tax

Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court

Delay in furnishing Form 10B – Period between 15.03.2020 till 20.08.2022 to be excluded as per decision of Hon'ble Supreme…

3 days ago
  • Income Tax

Section 271AAB does not grant any immunity from penalty in terms of section 273B

Section 271AAB does not grant any immunity from penalty even if the assessee was able to show some reasonable cause…

3 days ago