• Direct Tax
  • Indirect Tax
  • Corporate Law
  • Services
  • Consultation
  • Templates
  • Courses
  • Plans

Categories

Direct Tax
Indirect Tax
Corporate Law

Quick links

  • Services
  • Consultation
  • Templates
  • Courses
  • Plans

For any queries, concerns or feedback, please connect with us at:

contact@counselvise.com
+91 97234 00220
Direct Tax
  • Judges
  • Assessee
  • Blogs
  • Judgements
Indirect Tax
  • Judges
  • Assessee
  • Blogs
  • Judgements
Corporate Law
  • Judges
  • Assessee
  • Blogs
  • Judgements
Other Links
  • Services
  • Consultation
  • Templates
  • Terms and conditions
  • Contact us
  • Support
  • About Us
  • Privacy Policy
  • Refund Policy
  • Delivery Policy
Subscribe to our newsletter

Crafted Mindfully at
© 2025 COUNSELVISE
Direct Tax
GST
Corporate Law
Entity Formation
Startup Fundraising
Finance and Accounting
Human Resources
Sales and Marketing
Certificate
Other Legal Agreements
Miscellaneous
Other Civil Laws
  1. templates
  2. /
  3. corporate law
  4. /
  5. llp law
  6. /
  7. partners resolution authority to maintain register of partners of llp

Partners Resolution - Authority to maintain Register of Partners of LLP

MSMehul Shah
Published on 13/08/2024
₹ 50/-
PAID
524 views
|
2 downloads

Partners Resolution - Authority to maintain Register of Partners of LLP

MSMehul Shah
Corporate Law / LLP Law

Template Description

This partner’s resolution template authorizes the maintenance of registers of partners for a Limited Liability Partnership (LLP) under the Limited Liability Partnership Act, 2008. It is a 2-page MS Word document. This resolution is mandatory for LLPs maintaining registers of Partners. The intended audience for this template includes LLPs, their partners, professionals, and relevant stakeholders.

 

Understanding Partner Resolution for Authority to Maintain Registers of Partners of LLP

 

What Is Register of Partner?

 

The term "Register of Partners" refers to an official record maintained by a Limited Liability Partnership (LLP) that documents key details about its partners. This register is a requirement under the Limited Liability Partnership Act, 2008 in India, as well as similar legislation in other jurisdictions.

 

Step-by-Step Procedure:

 

The template outlines a structured approach to executing a rights issue, including:

 

1.    Convene Board Meeting: Details the scheduling, notice circulation, and convening of a board meeting.

 

2.    Cut-off Date & Offer Letter: Instructions for finalizing and approving the offer letter, determining the cut-off date, and authorizing the distribution of the offer letter.

 

3.    Circulation of Offer Letter: Guidelines for distributing the offer letter to shareholders and specifying the duration for which the offer remains open.

 

4.    Offer Renunciation: Procedures for shareholders to accept, reject, or renounce the offer.

 

5.    Rejected Offers: Methods for dealing with rejected shares and ensuring they are disposed of in the company's best interest.

 

6.    Receipt of Application Money: Process for collecting money from shareholders who accept the offer.

 

7.    Board Meeting for Allotment: Steps to convene a board meeting for share allotment, preparing a list of allottees, and handling necessary filings.

 

8.    Filing on MCA21 Portal: Instructions for filing the requisite form PAS-3 within the stipulated time frame.

 

9.    Issuing Share Certificates: Guidelines for issuing physical or dematerialized share certificates and coordinating with the Registrar and Transfer Agent (RTA).

 

10. Payment of Stamp Duty: Information on paying stamp duty applicable on share certificates or in demat form.

 

Conclusion

The rights issue is a strategic method for existing shareholders to acquire additional shares at a discounted rate, thereby enabling them to maintain or increase their ownership and voting power. This method provides companies with a cost-effective means to raise capital, supporting growth or reducing debt.