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1、LIMITEDLIABILITYPARTNERSHIPRECENTDEVELOPMENTSByDr.BRAVIM.B.A.,F.C.S.,Ph.D.,PRACTISINGCOMPANYSECRETARYOLDNO16,NEWNO42,RATHINAMSTREETGOPALAPURAM,CHENNAI600086.044-28350517/1055/9840082545EMAILbravi@md5.vsnl.net.inbravics@gmail.comLLP–ANEWBUSINESSMODELNEEDANDTHENECESSITYTOHAVETHEN
2、EWBUSINESSMODELKEYFACTORS:EXPECTATIONFROMTHECLIENTISONTHEINCREASECOSTVERSUSBENEFITINRENDERINGSERVICEINCREASEDVISIBILITYCOMPREHENSIVEVALUEBASEDADVICESHARINGOFEXPERTISEMULTIDISCIPLINARYPRACTICEVsMULTIDISCIPLINARYPARTNERSHIPTHEACTIVITIESOFAPROFESSIONALSERVICEFIRMWITHCOMPETENCIESIN
3、MORETHANONEDISCIPLINEORTHECO-ORDINATEDACTIVITIESOFPROFESSIONALSINSEPARATEENTITIES.MULTIDISCIPLINARYPRATICETHELEGALRELATIONSHIPAMONGTHEPRINCIPALSOFAPROFESSIONALSERVICESFIRM,SERVINGESSENTIALLYASAPROXYFOROWNERSHIPANDCONTROLMULTIDISCIPLINARYPARTNERSHIPMCAHASSPECIFIEDFIVENEWCATEGORI
4、ESOFPROFESSIONALSAPARTFROMCA,CSANDCMAWHOAREELIGIBLEFORFORMINGFIRMSUNDERTHELLPACTVIZ,ENGINEERS,LAWYERS,ARCHTECHS,ACTUARIESANDFINANCIALMANAGEMENTCONSULTANTS.COMBINATIONSTHEPROFESSIONALBODIESWHICHREGULATESTHEPROFESSIONAREREADY.PARLIAMENTHASACCORDEDITSAPPROVALON8THJANUARY2012.INSTI
5、TUTUESGUIDELINESANDTHECREATIONOFMDPTOFOLLOWSUIT.ALONGWAYTOGOFORRECIPROCALRECOGNITIONFROMCOUNTIRESOUTSIDEINDIA.WHEREAREWEINMDPPOWEROFREGISTRATIONOFLLPANDALLMATTERSCONNECTEDWITHLLPWILLBEDELEGATEDTOROC–EXPECTEDFROM01.06.2012NEWFORMSANDRULESTOMEETTHEPROPOSEDDECENTRALIZATIONISINPLAC
6、EANDNOTIFICATIONWILLBEISSUEDSHORTLY.DECENTRALIZATIONEFFECTIVE21STMAY2011THELLPSITEWILLNOTACCEPTNAMEAVAILABILITYAPPLICATIONANDWILLBEKEPTSUSPENDEDFORTHEDECENTRALIZATIONPROCESSNAMEAVAILABILITYFirstLLPregisteredon02.04.20099200APPROX.ASONDATE(9009LLPsareregisteredasof01-05-201210:0
7、0:00Hrs)36COMPANIESNOTIFIEDFORSTRIKEOFF!!!!!STATISTICSTHEMAINREASONFORTHEGROWTHANDFALLOFLLP.INCENTIVESOFFERED–SUBSEQUENTLYWITHDRAWN–WAREHOUSINGANDLOGISTICSFRACTUREDGOVERNMENTPOLICYWHENCONVERSIONTOTAKEPLACE?LACKOFAWARENESSAMONGBANKS/BANKERS.MISCONEPTIONOFTHEPROMOTERSMCAINITIATIV
8、ESJOINTLYWITHRBI.SECUREDLOANSFILINGOFFORMNO8–OPTIONAL–
