Designated Partners Of LLPs Must Register Immediately As Business Users

SRINAGAR- In a significant development, all the Designated Partners of Limited Liability Partnerships (LLPs) incorporated within the UT of J&K and Ladakh are being informed to mandatorily register themselves as ‘Business Users’ on the recently launched Version 3 of MCA21 System.

This decision was taken during a meeting held in the office of Registrar of Companies (ROC) for UTs of J&K and Ladakh.

Designated partner as a concept in LLP is similar to a Director in a company.

In this direction, the necessary guidelines and instructions have already been passed on to Professional Institutes to sensitize all the stakeholders about this transition. All the designated partners of LLPs incorporated should complete this exercise in earliest possible time.

Meanwhile, the meeting in this regard at Jammu was chaired by Sudhir Phaye and by Haamid Bukhari in Kashmir.

It was given out that this is a nationwide exercise across all the ROC offices in the country and will ensure proper identification of Designated Partners (DPs) who have incorporated themselves in body corporate form of LLP.

Follow this link to join our WhatsApp group: Join Now

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.



Leave a Reply

Your email address will not be published.