MCA notifies LLP (Amendment) Rules, 2022; inserts provisions w.r.t. allotment of new name to existing LLP

Notification G.S.R. 109(E), Dated: 11.02.2022

The Government has notified Limited Liability Partnership (Amendment) Rules, 2022. Amendment has been made in rules 5, 18, 19 and 37. New rules are added w.r.t Allotment of a new name to existing LLP u/s 17 (3), Adjudication of penalties, Appeal against order of adjudicating officer, Registration of appeal and Disposal of appeal by Regional Director. Further, also two new forms are notified Form 16A and Form 33.CG also revised the fee norms for LLP by substituting the existing Annexure A.

A new Rule 19A has been inserted which provides that in case a Limited Liability Partnership fails to change its name or new name in accordance to the directions issued under section 17(1) within three months from the date of issue of such direction, the letter “ORDNC” i.e. ‘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, and the Registrar shall accordingly make entry of the new name in the register of LLP and issue a fresh certificate of incorporation in Form No. 16A

The LLP whose name has been changed u/s 17(3) shall at once make necessary compliance with section 21 and the statement “Order of Regional Director Not Complied (under section 17 of the LLP Act, 2008)” shall be mentioned in brackets below the name of LLP on its invoices, official correspondence, and publications.

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