Dear All,
As per in the article mentioned in 'Taxguru':-
Section 56, Third Schedule and Fourth Schedule of LLP Act- 2008 A Private Limited Company or Unlisted Public Company may convert into a Limited Liability Partnership in accordance with the provisions of Section 56 and the Third and Fourth Schedule of LLP Act, 2008. Pre-Requisites for conversion of company into LLP > There is no security interest in its assets (open charges) subsisting or in force at the time of application. > Every shareholder of the Company must agree with the decision of conversion and become partners of LLP. > All the creditors of the Company must also agree with the conversion. > Under Companies Act, no prosecution should have been initiated. > All the pending forms and returns are required to be filled up to date with the RoC. > At least one financial statement and annual return should have been filed by the company after its incorporation. > The Company should be having share capital. > The Company should not be a Section 25 Company/Section 8 Company under Companies Act, 1956/2013.
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But no mention in the schedules of LLP Act as such.
Any Idea returns (Form AOC-4 and Form MGT-7) to be filed before the conversion?