Question 4 (a) part ii

Change of name

3 marks

Time to write
About 6 minutes

From an older CBCS paper

Question

Question 4 (a) part ii · 3 marks
  1. Explain the rules on a change of name of an LLP.

Reworded from the university paper; the task is the same. The original paper belongs to the University of Delhi. See DU's question bank.

Before you write

Read off the question and its marks

6 minfor 3 marks

Read from the question

  • ExplainEach point stated, then explained in a line or two.

What the paper leaves open

The only copy of this paper found is cut off at the right edge of the page; the few words lost there are read from the sense and from the Hindi version of the question. Marked as one question of 9 marks; answered here in 3 parts of 3 marks each (marks inferred).

Write it in this order

  1. 1 (ii) Change of name 3 marks 6 min

Try it first. About 6 minutes for 3 marks. Write it out, then open the solution.

Solution

Hover or tap a marked figure, like 72,000, to see how it is made and where else it appears.

(ii) Change of name (ss. 15 to 19):

  1. The name itself (s. 15): it must end with "limited liability partnership" or "LLP", and an LLP may not be registered by a name that is undesirable or is identical with, or too nearly resembles, that of another LLP, a company or a registered trade mark.
  2. Reserving the new name (s. 16): a person may apply to the Registrar to reserve a name to which an LLP proposes to change; if the name is not open to objection, the Registrar reserves it for three months.
  3. Compulsory change (s. 17): where an LLP has been registered, at first or under a new name, by a name so close to that of another LLP or company, or to a registered trade mark, that it is likely to be mistaken for it, the Central Government, on that LLP's, company's or trade-mark owner's application, may direct the LLP to change its name within three months of the direction.
  4. Voluntary change (s. 19 and rule 20 of the LLP Rules, 2009): the LLP decides on the change by the procedure in its LLP agreement or, if the agreement has none, with all the partners' consent; it gives notice of the change to the Registrar in Form 5, with the fee, within thirty days; and the Registrar, satisfied that the new name is the one reserved, issues a fresh certificate of incorporation, the change taking effect from that certificate's date.

Where the 3 marks sit

#ComponentMarks
1(ii) Change of name3
Total3
Keyboard: ← → previous and next question, / search

Report a problemopens an email to admin@getkunji.com with the question ID7762-Q4aiialready filled in.