Law Labz Services

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Starting a limited liability company or limited liability partnership (LLP)and compliances thereon or conducting General Meetings of Company / compliances thereof or Restructuring a corporate entity or Legal Advisory services related to Foreign Exchange issues with RBI / FIPB Conformation to all legal prerequisites for expansion of business abroad or aspects with SEBI, the Indian Capital Market Regulator.

Limited Liability Partnership (LLP) Law in India as on date

Posted by Labz Solutions On April 2009

This article deals with the applicability and effective date of Limited Liability Partnership Act, 2008 (LLP Act) and Limited Liability Partnership Rules, 2009 (LLP Rules) in India. The registration and online e-filing will soon begin in http://www.llp.gov.in, though 1st LLP has already been registered through physical filing on 2nd April 2009 from Registrar of LLP located at New Delhi. It is a niche area of practice for Company Secretaries (CS), Chartered Accountants (CA), Cost Accountants (CWA) and Advocates, both for themselves and others. Now proceed reading the article to know the LLP law as on date.

Links to LLP law in India and its Understanding

Posted by Labz Solutions On April 2009

Here you can find the Acts, Rules, Forms, Notifications of Indian Central Government on Limited Liability Partnership (LLP) laws and understanding of the same by way of explanation, FAQs, procedure, etc...

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[Invite] Lawlabz Biennial Day Xperiments 2010 [Event]

Posted by Labz Solutions On 10:36 PM 0 comments

 

Lawlabz Biennial Day Xperiments 2010 
 
In our 2 year long journey we have serviced more than 350 clients, 200 company secretary students passed out, 2500 copies of books sold but more importantly we enjoyed all of your support, well wishes & faith. 
 
On this special day, commemorating Law Labz's 2nd anniversary we would like to share our joy with everyone who has made this possible.  We are also taking this opportunity to inaugurate lawlabz.com, an online portal offering corporate legal services in real-time with video based solutions. 
 
We have created a personalized invite for you here www.lawlabz.com

 

  • What: Lawlabz, Learnlabz & OnlyThisMuch turns two
  • When: 7pm onwards, July 28th 2010 (Wednesday)
  • Where: RYA Metro (12, Saravana Mudali Street, Off South Boag Road, T.Nagar)
  • Guest of Honour: Mr. K. Pandiarajan, Managing Director Mafoi Randstand
Agenda 
  1. Website & Video Release (by guest of honour) 
  2. Award Distribution
  3. Dinner (8.30 PM onwards)
 
Looking forward to meeting you and hoping for your continued support & motivation.
 
 
 
 
Lawlabz Group


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[Invite] Lawlabz Biennial Day Xperiments 2010 [Event]

Posted by Labz Solutions On 10:15 PM 0 comments

 

Lawlabz Biennial Day Xperiments 2010 
 
In our 2 year long journey we have serviced more than 350 clients, 200 company secretary students passed out, 2500 copies of books sold but more importantly we enjoyed all of your support, well wishes & faith. 
 
On this special day, commemorating Law Labz's 2nd anniversary we would like to share our joy with everyone who has made this possible.  We are also taking this opportunity to inaugurate lawlabz.com, an online portal offering corporate legal services in real-time with video based solutions. 
 
We have created a personalized invite for you here http://www.youtube.com/user/lawlabz

  • What: Lawlabz, Learnlabz & OnlyThisMuch turns two
  • When: 7pm onwards, July 28th 2010 (Wednesday)
  • Where: RYA Metro (12, Saravana Mudali Street, Off South Boag Road, T.Nagar)
  • Guest of Honour: Mr. K. Pandiarajan, Managing Director Mafoi Randstand
Agenda 
  1. Website & Video Release (by guest of honour) 
  2. Award Distribution
  3. Dinner (8.30 PM onwards)
 
Looking forward to meeting you and hoping for your continued support & motivation.
 
 
 
 
Lawlabz Group

Send your RSVPs now: http://www.google.com/calendar/hosted/lawlabz.com/embed?src=social%40lawlabz.com&ctz=Asia/Calcutta

Are you satisfied with our response? Yours compliance is our concern.
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T: 044-42081581 www.lawlabz.com 
 



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[Invite] Lawlabz Biennial Day Xperiments 2010 [Event]

Posted by Labz Solutions On 10:15 PM 0 comments

Lawlabz Biennial Day Xperiments 2010 

 
In our 2 year long journey we have serviced more than 350 clients, 200 company secretary students passed out, 2500 copies of books sold but more importantly we enjoyed all of your support, well wishes & faith. 
 
On this special day, commemorating Law Labz's 2nd anniversary we would like to share our joy with everyone who has made this possible.  We are also taking this opportunity to inaugurate lawlabz.com, an online portal offering corporate legal services in real-time with video based solutions. 
 
We have created a personalized invite for you here htt ://www.youtube.com/user/lawlabz

  • What: Lawlabz, Learnlabz & OnlyThisMuch turns two
  • When: 7pm onwards, July 28th 2010 (Wednesday)
  • Where: RYA Metro (12, Saravana Mudali Street, Off South Boag Road, T.Nagar)
  • Guest of Honour: Mr. K. Pandiarajan, Managing Director Mafoi Randstand
Agenda 
  1. Website & Video Release (by guest of honour) 
  2. Award Distribution
  3. Dinner (8.30 PM onwards)
 
Looking forward to meeting you and hoping for your continued support & motivation.

Lawlabz Group

Send your RSVP's now:


Are you satisfied with our response? Yours compliance is our concern.
Picture
T: 044-42081581 www.lawlabz.com 

 

 

 

 

 

 

 

 

 

 

 



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Check out my photos on Facebook

Posted by Labz Solutions On 4:26 AM 0 comments
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Taxation of Limited Liability Partnership like General Partnerships effective from 1st April 2010-LLP Press Note 2009

Posted by Labz Solutions On 10:07 PM 0 comments

Since the taxation related matters in India are provided under Tax Laws, the taxation of LLPs was not provided in the Limited Liability Partnership (LLP) Act, 2008. The Finance Bill, 2009 has made provisions in this regard, pursuant to which the taxation scheme of LLPs has been proposed to be introduced in the Income Tax Act. It has been proposed,

  • to tax LLPs on the lines similar to general partnerships (EXCEPT for recovery purposes) under Indian Partnership Act, 1932, i.e. taxation in the hands of the entity and exemption from tax in the hands of its partners. 
  • Consequent changes in the definitions of Income-tax Act, 1961 like (i) the word ‘partner’ to include within its meaning a partner of a limited liability partnership, (ii) the word ‘firm’ to include within its meaning a limited liability partnership and (iii) the word ‘partnership’ to include within its meaning a limited liability partnership as these terms have been defined in the Limited Liability Partnership Act, 2008 have also been proposed in the Finance Bill, 2009.
  • that the he designated partner shall sign the income tax return of an LLP, or, where, for any unavoidable reason such designated partner is not able to sign the return or where there is no designated partner as such, any partner shall sign the return.
  • that in case of liquidation of an LLP, every partner will be jointly and severally liable for payment of tax unless he proves that non-recovery cannot be attributed to any gross neglect, misfeasance or breach of duty on his part.
  • that the conversion from a general partnership firm to an LLP will have no tax implications if the rights and obligations of the partners remain the same after conversion and if there is no transfer of any asset or liability after conversion. In case of violation of these conditions, the provisions of section 45 of Income-tax Act shall apply.
  • that the amendments will be effective from the 1st day of April 2010 i.e. assessment year 2010-11.

Source: Press Note No.1/16/2007-CL.V dated 10/07/2009 on Taxation of Limited Liability Partnerships

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[Labz] 1st Anniversary Celebrations, expecting your presence!!!

Posted by Labz Solutions On 1:04 AM 0 comments
Yes YOU,
 
Many a thanks for your tremendous support and overwhelming response to LawLabz & LearnLabz as a Corporate & Secretarial Service Provider, Professional Educational Institute & OnlyThisMuch books.
 
I know you will treat this as my personal invite and grace our FIRST anniversary celebrations at LawLabz Consultancy (P) Ltd @ 128, Veeraperumal Koil Street, Mylapore, Chennai.  Any assistance, am at your service from +91 93829 35598.  PFA the Invitation.
 
Its YOUR presence which can satisfy our hearts and make the function grand!
 
Expecting YOU @ Labz.
 
Thanks once again...
--
A.N.S. VIJAY
Trezrrr...Every Pulsss...
http://yehseeyes.blogspot.com
 Law Labz logo.jpghttp://www.lawlabz.com
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LLP law with amendments as on 1st July 2009 in India with all applicable provisions

Posted by Labz Solutions On 11:39 PM 0 comments

All the provisions of LLP Act, 2008 read with LLP Rules, 2009 as amended by LLP (Amendment) Rules, 2009 has notified all the provisions of the Act with effect from 4th June 2009 EXCEPT the provisions regarding application for winding up u/s. 51 and Chapter III governing Sections 63, 64 & 65 governing provisions regarding winding up and dissolution of LLP along with the Jurisdiction of Tribunals u/s. 72 & 73 of the said Act.

 

Click here – A must read FAQ on Limited Liability Partnership Law in India for every one.

An Understanding

Relevant Indian Government Notification
CLB till Tribunal (NCLT) is constituted under Companies Act for LLP’s as per the amendment rules
 Government Notification of LLP (Amendment) Rules, 2009
Convert any form of business into LLP now, provisions notified w.e.f 31st May 2009

Government Notification of Sections under LLP Act and Rules under LLP Rules

To download editable soft copy in word form of Limited Liability Partnership Act, 2008, Click here.

Click here to download the Government notification on Limited Liability Partnership Act, 2008 i.e, LLP Act, 2008 in PDF format.

To understand applicability & notification of Limited Liability Partnership Act, 2008 read with Limited Liability Partnership Rules, 2009, click here.

Click here to read the Government notification on LLP law.

Click here to understand the various forms on Limited Liability Partnership law and its relevant rules & sections.

Click here to read the Government Notification on LLP rules with forms in word form i.e, Limited Liability Partnership Rules, 2009 in editable soft copy

Click here to understand the steps to form an LLP in India or for Secretarial practice to form Limited Liability Partnership (LLP).

Formation of LLP in India / LLP Services:

We, Law Labz Consultancy (P) Ltd., can help you to avail this opportunity by registering a Limited Liability Partnership for you or find like-minded partners, assist you by providing a service which adds a long term value. Through our experience, we are confident of providing you with innovative, practical & effective legal solutions.

Law Labz as the name suggest is a research oriented corporate legal service provider which serves as a one stop solution for wholesome legal compliances. Law Labz comprises of a team of young professionals drawn from all shades of legal spectrum who are specialized in Corporate law matters. We pride ourselves in providing high quality secretarial services and maintaining lasting relationships with clients in relevant domains.

For more details, kindly log on to http://www.lawlabz.com or just drop a mail to consult@lawlabz.com
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