Circular No. 13/2012, F.No. 1/1/2011-CL-V, dated
06.06.2012
All
the Regional Directors,
All
the Registrar of Companies/Official Liquidators
All
the Stakeholders
Extension of Time in Filing of
Annual Return by Limited Liability Partnerships (LLPs)
The Ministry has started the process
of decentralization of the functions of the Registrar LLP by authorizing
respective ROCs to discharge the functions of Registrar LLP also on and from 11.06.2012.
Consequently, the LLP system shall remain closed from 31.5.2012 to 10.6.2012.
2. As per the provisions of section 35
of the LLP Act, LLPs which do not file Form 11 within a period of sixty days of
the date of closure of their financial year are required to pay additional fees.
In order to avoid payment of additional fees by such LLPs due to closure of the
system from 31.5.2012 to 10.6.2012, it has been decided to extend the time
limit prescribed under the provisions of section 35 of the LLP Act by 30 days.
3. In order to have better
understanding of the circular, it is clarified that the time limit of 60 days
shall be read as 90 days for filing of Form 11 by LLPs in respect of the
Financial Year ending on 31.03.2012. This circular shall be effective from
31.5.2012.
0 comments:
Post a Comment