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The Registrar of Companies (ROC) is an office under the Indian Ministry of Corporate Affairs that deals with administration of the Companies Act, 2013, The Limited Liability Partnership Act, 2008, The Company Secretaries Act, 1980 and The Chartered Accountants Act, 1949. These officers are from Indian Corporate Law Service cadre.
1) A partnership firm is not a legal entity apart from the partners constituting it. It has limited identity for the purpose of tax law as per section 4 of the Partnership Act of 1932. [24] 2) Partnership is a concurrent subject. Contracts of partnerships are included in the Entry no.7 of List III of The Constitution of India (the list ...
AZB & Partners is a corporate law firm in India, with offices spread across Mumbai, Delhi NCR, Bangalore, Chennai and Pune.The firm comprises over 150 partners specialising in General Corporate, M&A and Banking and Finance practice and other specialised verticals such as Dispute Resolution, Real Estate, Competition Law, Intellectual Property, Capital Markets, Compliance & Investigations, Funds ...
The firm has been on the Global 500 as long as the list has been recorded. 178 State Bank of India: $71,844 232,296 The bank is a state-owned, multi-national financial services entity, founded in 1806 as the Bank of Calcutta. The firm operates in more than 36 countries. 180 Oil and Natural Gas Corporation: $71,466 36,549
Indian Partnership Act, 1932 shall not be applicable to LLPs and there shall not be any upper limit on number of partners in an LLP unlike an ordinary partnership firm where the maximum number of partners can not exceed 20. The Limited liability partnership (LLP) Act has a mandatory requirement that one of the partners in the LLP must be an Indian.
"Section 464 of the Companies Act, 2013 empowers the Central Government to prescribe maximum number of partners in a firm but the number of partners so prescribed cannot be more than 50.The Central Government has prescribed maximum number of partners in a firm to be 50 vide Rule 10 of the Companies (Miscellaneous) Rules,2014.Thus, in effect, a ...
The Limited Liability Partnership Act, 2008 was enacted by the Parliament of India to introduce and legally sanction the concept of LLP in India. Unlike the general partnerships in India, LLP is a body corporate and legal entity separate from its partners, have Perpetual succession and any change in the partners of an LLP shall not affect the existence, rights or liabilities of the LLP.
Touchstone Partners is an Indian corporate law firm with cross border transactional expertise. Headquartered in Mumbai, with offices in New Delhi and Bangalore, it advises national and multinational corporations and financial institutions in the context of corporate law and transnational mergers and acquisitions.