INCREASE IN CAPITAL OF LLP

[rohitu...@gmail.com]

Can anyone provide me the documents for increase in capital contribution in LLP.

[SANNIBHA VANDANA]

Change in capital contribution needs amendment in the LLP agreement. E-form 3 must be filed with ROC within 30 days from the date of modification in the capital contribution .

[Ronak Doshi]

Hello,

As per LLP Agreement, capital contribution is 1,00,000.  However, partner brought a total of 61,00,000. Please guide how to show such an extra amount of 60,00,000 in Form 8?

Also is an LLP required to do Audit in the above case?

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Regards,

Ronak doshi

Mo.8306001588

[jm sundaram]

Hai

LIABILITY OF LLP FOR AUDIT

The LLP whose turnover exceeds Rs.40,00,000/- or whose contribution exceeds Rs.25,00,000/- are required annual accounts audited by an accountant in practice. So, all other LLP’s are exempted from a mandatory audit of their accounts.

This will be effective  for   FY 2022-23.

     Sundaram jm

Company Secretary 

LTG Infrastructure Limited

3,4,5 & 6, LTG Tower, IIIrd floor, BDA Outer ring road,

Near Kempegwoda Nagar arch, Laggere,

Bangalore 560058

Phone: 9845875796

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[Ronak Doshi]

Can anyone help me with the below query?

As per LLP Agreement, capital contribution is 1,00,000.  However, partners brought a total of 61,00,000. Please guide how to show such an extra amount of 60,00,000 in Form 8?

Also is an LLP required to do Audit in the above case?

To view this discussion on the web visit https://groups.google.com/d/msgid/csmysore/CAKx8Fy1Lgv%2BU6AroHYh28v5mGsgBq3u5AKmCRCX8j78Hh6ThaA%40mail.gmail.com.

[Ronak Doshi]

Can anyone help me with the below query?

As per LLP Agreement, capital contribution is 1,00,000.  However, partners brought a total of 61,00,000. Please guide how to show such an extra amount of 60,00,000 in Form 8?

Also is an LLP required to do Audit in the above case?

[CS Rakesh Kumar]

u can show the same Loans from DP or partners...whatever applicable.

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[Ronak Doshi]

Can I show this as an unsecured loan from partners?

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[CS Rakesh Kumar]

YES NO ISSUES...IN LLP SO FAR.

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