Question 3 (b)
Change of registered office of an LLP
5 marks
- Time to write
- About 10 minutes
From an older CBCS paper
Question
Question 3 (b) · 5 marksChange of registered office of 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
Write it in this order
- Read; underline the asks; jot your points 1 min
- 1 Registered office 2 marks 3 min
- 2 Procedure and default 3 marks 5 min
- Check: every ask answered, key terms underlined 1 min
Short on time? Trim steps 1 and 2 evenly rather than skip one: each is capped at its own marks.
Try it first. About 10 minutes for 5 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.
Registered office (s. 13). Every LLP must “have a registered office to which all communications and notices may be addressed and where they” are received; documents may be served on the LLP, or on a partner or designated partner, at the registered office.
Procedure to change it (s. 13(3), and rule 17 of the LLP Rules, 2009):
- Decision: the LLP follows the procedure laid down in its LLP agreement; if the agreement lays down none, the consent of all partners is required.
- Secured creditors: where the office moves from one State to another, an LLP that has secured creditors must also obtain their consent.
- Public notice (interstate move): not less than 21 days before filing any notice with the Registrar, the LLP publishes a general notice of the change in a daily newspaper in English and one in the principal language of the district where its registered office is, circulating in that district.
- Notice to the Registrar: the LLP files a notice of the change in Form 15, with the fee, within 30 days of completing step 1 (a move within the same State) or step 3 (a move to another State); where a court, tribunal or other authority has convicted the LLP or ruled or ordered against it, the notice also gives particulars of prosecutions begun against it and show cause notices it has received for alleged offences under the Act. Where the move takes the office to another Registrar's jurisdiction or another State, Form 15 is filed with the present Registrar, with a copy to the Registrar of the new place.
- Effect: the change takes effect only upon the filing of the notice with the Registrar (s. 13(3)). If default is made in complying with section 13, the LLP and its every partner are liable to a penalty of ₹500 for each day the default continues, up to ₹50,000 for the LLP and for each partner (s. 13(4), as substituted by the LLP (Amendment) Act, 2021). Before that amendment the contravention was punishable with a fine of not less than ₹2,000 and up to ₹25,000.
Where the 5 marks sit
| # | Component | Marks |
|---|---|---|
| 1 | Registered office | 2 |
| 2 | Procedure and default | 3 |
| Total | 5 |
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