Partner of LLP not eligible to become or continue as Designated Partner for five years on failure to file Financial Statements for any continuous three Financial Years: MCA [Read Notification]

By Taxscan Team - On February 13, 2022 11:13 am - 2 mins read
Partner of LLP - LLP - not eligible - designated partner - five years - failure - file financial statements - continuous three financial years - MCA - Taxscan

The Ministry of Corporate Affairs (MCA) has notified the Partner of LLP not eligible to become or continue as designated partner for a period of five years on failure to file financial statements for any continuous period of three financial years. In section 90 of the Limited Liability Partnership Act, 2008, in sub-section (1) to…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader