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PDF Editor FAQ
How should I set up a LLC in India?
After a little research, I found a site A&A (Ahlawat & Associates) who provides Business set up services and even other services. A&A to be recognised as one of the top legal firm company in India.Before setting up an LLC in India, Some of the most important things that you have to mind it.1. How can the company be formed?The Legal plan of action for setting up an LLP is also free of inconvenience. You Should have to decide on the partners with the mode of business and sign the message (Memorandum) as well as the Articles of Association and submit the Registrar the same along with the prescribed fees. Then the Registrar shall follow up with the proceedings and you just have to follow the instructions.2. And, What’s the Main Advantage of the LLP?The main advantage of an LLP Company remains that its formation of cost is much lower than any other form of business (LLC company) ventures, and comes with much less institutional requirements. Besides, especially in case of small scale enterprises, it’s very easy to operate, manage and even land up.4. What are the Rights of the Partners?Even though the main duties of the partners are provided by the house of Law, the rights, duties and other obligations of the partners actually work as per the agreement set between them. However, the most important thing about LLP is that the liability of the partners is restricted to his/her contribution in LLP. This means that if you own an LLP with any friend of yours, you don’t have to show or highlight your own personal and filial assets to the partners and the Government. However, in case you’re engaged infraudulent, you have to!5. Why Should You Go for It?If you’re the owner of an LLP, it is without vagueness that you’re the owner and not any mere shareholders who cannot participate in the management of the company. Even though there has to be a minimum of two partners involved, with no “maximum” requirements, each partner isn’t able to be answered for another partner’s faults and negligence.For other details and how to set up total procedure, you get it here:
What is meant by LLP incorporation?
A Limited Liability Partnership incorporation as per Ministry of Corporate Affairs is explained in detail below:User Registration•Register yourself on the website of Ministry of Corporate Affairs, developed for LLP services, i.e. http://www.llp.gov.in .This website may also be accessed through the website of the ministry www.mca.gov.in .On the home page of the URL http://www.llp.gov.in click “Register” tab on top right hand corner of the page.• Fill in the registration form. Fields marked * in the form are to be mandatorily filled. Select your user name and password.• Upload digital signature certificate• On successful registration, system will give a message that you have been registered successfully. Obtain Designated Partners Identification Number (DPIN).• All designated partners of the proposed LLP shall obtain “Designated Partner Identification Number (DPIN) / Director Identification Number (DIN)”.• DPIN/DIN may be applied from: http://www.mca.gov.in/MCA21/ Din.html . Digital Signature Certificate• Partner/Designated partner of LLP/proposed LLP, whose signatures are to be affixed on the e-forms has to obtain class 2 or class 3 Digital Signature Certificate (DSC) from any authorized certifying agency, details of which are available on the home page of the LLP portal under the tab “Certifying Authorities”. Reservation of name• Log on to the LLP portal by clicking the “log in” tab on the top right corner of the homepage and enter your username and password. After login, click “E-Forms” link.• Open Form-1 for reservation of name and fill in the details. Select name of the proposed LLP (upto 6 choices can be indicated).• Any partner or designated partner in the proposed LLP may submit Form-1.• Append digital signatures and submit the e-form• Pay the necessary fee by credit card (master/visa).• Free name search facility (of existing companies / LLPs) is available on MCA portal (hyper link available on LLP portal).The system will provide the list of similar/closely resembling names of existing companies/LLPs based on the search criteria filled up.• Details of minimum two designated partners of the proposed LLP, one of them must be a resident of India, is required to be filled in the application for reservation of name. Only individuals or nominees on behalf of the bodies corporate as partners can act as designated partners.• Check status of your application by logging on the portal.• For more details see Instruction Kit provided on the home page under “Users Guide” tab. Incorporation of LLP• Once the name is reserved by the Registrar, log on to the portal and fill up Form-2 “Incorporation Document and Statement”.• Pay the prescribed registration fee as per the slab given in Annexure A of the LLP Rules, 2009, based on the total monetary value of contribution of partners in the proposed LLP.• Statement in the e-form is to be digitally signed by a person named in the incorporation document as a designated partner having permanent DPIN and also to be digitally signed by an advocate/company secretary/chartered accountant/cost accountant in practice and engaged in the formation of LLP.• On submission of complete documents the Registrar after satisfying himself about compliance with relevant provisions of the LLP Act will register the LLP, maximum within 14 days of filing of Form-2 and will issue a certificate of incorporation in Form-16.• You can check status of your application by logging on to the portal• For more details see Instruction Kit provided on the home page under “Instruction Kit” tab. Filing of LLP agreement (Form-3) and Partners’ details (Form-4)• Form 3 (Information with regard to LLP agreement and changes, if any made therein) and Form-4 (Notice of Appointment of Partner/ Designate Partner, his consent etc.) may be filed with the prescribed fee simultaneously at the time of filing Form-2 or within 30 days of the date of incorporation or within 30 days of such subsequent changes.
What's the current status of Amravati city, the future capital of AP?
CURRENT STATUS AND PROGRESS OF AMARAVATI :-It is a very well-planned city and is the capital city of the newly formed Andhra Pradesh. It is situated on the southern bank of river Krishna, which belongs to Krishna district. The foundation stone for Amaravathi was laid by none other than the Prime Minister of India Narendra Modi.The long-pending divergence of common High Court at Hyderabad for Andhra Pradesh and Telangana is set to be resolved on this year, as the union government approved for the division of Courts.The new high court will be established temporarily at Medha Towers near Gannavaram airport at Vijayawada. The permanent high court at Justice City is going to be established in Amaravati.According to an English daily, for effecting a transfer of judges, the approval of the Supreme Court Collegium is needed before Presidential nod.The plan is for AP’s High Court to start functioning in this year from June 1, 2018. Before that, the government will have to complete the official procedure by May end.AMARAVATI DEEP DIVE WORKSHOP 2017The prime motto of building this workshop was to made it Happy People’s Capital, Aims to review the substantial progress of the city has achieved so far in alignment to the city’s vision.The workshop had been invited global best thinkers to share best practices and innovative ideas across 4 elements of the vision i.eEconomic development,Quality living,Smart and Sustainable Infrastructureand Governance.The Key output of the workshop was to draft an actionable implementation plan to bring the vision into reality.Honourable Chief Minister, Nara Chandrababu Naidu was spending a significant part of the 2 days in the workshop along with senior bureaucrats of Government of Andhra Pradesh.AMARAVATI DEEP DIVE WORKSHOP 2017 was held on 14th and 15th of December 2017.Sources: https://crda.ap.gov.inAP Government Shifting Residential Complexes into Amaravathi:The sudden stoppage of works taken up for the construction of residential complexes for government employees in Amaravathi gave a strong indication that government is planning to alter the lands allotted for the purpose at Rayapudi and Nelapadu in The new capital Amaravati area.As part of the master plan, the Government decided to construct the residential complex on 85 lakh square feet. The contract agencies L and T, Shapurjee and NCC took up works. For the last 10 days, the works came to a grinding halt.Already 1700 piles were laid for residential complexes. Officials said that on the instructions of the government, the agencies slowed down works and hinted the lands allotted for construction will be changed. Crores of rupees were also spent.Officials said that government is also planning to shift the administrative buildings from the lands allotted to other places. The decision to shift the buildings to other places will put a heavy burden on contract agencies.Sources- The Hans India(Latest News in Hyderabad, Telangana, Andhra Pradesh)IT Minister Nara Lokesh to Inagurate 16 IT Companies in Mangalagiri:Andhra Pradesh IT minister Nara Lokesh will inaugurate 16 IT companies at Phycare IT Park and NRT Tech Park at Mangalagiri in Guntur district on Wednesday. In the initial phase, all the companies will create about 650 jobs. The highest number of jobs will be provided by Make My Clinic India Pvt Limited, which operates in Healthcare IT, with 300 jobs.The other companies include Excellar Info Services LLP, a ITES company providing services to the Australian-based companies, BVG India Ltd, provide 108 health services to Government of AP, http://Pcxy.com, a stock photo company with digital content from 11 countries in South Asia and South East Asia, DFI India Pvt Ltd will provide technical support and skilled workforce to develop software products to DFi Swiss IT company.Script Bees IT Pvt Ltd is working on IT services such as Android and IOS development projects, Adwaith Algorithm LLP is based out of Texas into recruitment process and outsourcing with corporate base in the USA, Sunsweet LLP is a start-up company in healthcare sector, medical billing and coding, AstonaPvt Ltd has designed and developed a portal Agmarks - Coming Soonand is committed to provide a comprehensive best in class integrated ecosystem for the agricultural produce, animal husbandry and dairy products, Crazy Toonz Animation Studios LLP is an animation studio engaged in the services of 2D and 3D digital animation, Visual Effects (VFX) and gaming, Swarasoft Consultants Pvt Ltd is a technology consulting and recruitment company.Suvij IT Services Pvt Ltd is a digital media and social media marketing company, Mahatru Media Solutions is a brand development, design and animation agency and specialized in broadcast media and commercial entertainment, Charuvikent ITES Pvt Ltd is a product development, product engineering and support servicing company, Sattwica Technologies Pvt is a software consulting and development company and Signum Digital Networks Pvt Ltd is a class B Internet service provider along with internet leased line services, VPN, MPLS, Network security and fiberex broadband services company.Sources: Amaravati Voice.Economy of Amaravathi:Amaravathi has Mangalagiri town which is famous for Mangalagiri sarees and fabrics. The chief minister of Andhra Pradesh N Chandrababu Naidu has approved of the (HAM) Hybrid Annuity Model for the three zones of Amaravati. The development will be in the areas of drinking water, bridges, sewage, roads, and power in each of the three zones.The progress of the project Rajiv Gandhi Park Redevelopment, had been called by Vijayawada Municipal Corporation, APSRTC, APTRANSCO and South-Central Railways, Lakshmi Parthasarathi and representatives of Water Resources Department, Amaravathi Development Corporation (ADC) managing director, Lakshmi Parthasarathi.The Research and development has been finalised as per the instructions of Mr Chandrababu Naidu. He said that the 280 acres allocated of this park should be developed with efficiency and creativity.Road Connectivity of Hyderabad:The Bus operations by APSRTC from Pandit Nehru Bus Station and NTR bus station. They connect the Amaravati city with Vijayawada and Guntur. Two new depots i.e. North and south of APSRTC have been are proposed to be constructed in the city.The Amaravati to Anantapur Expressway, supported by Kurnool and Kadapa Feeder Roads is an ongoing greenfield expressway project, which will provide quicker road access from the districts of, Kadapa, Kurnool and Prakasam Anantapur, Guntur to Amaravati.The Amaravati seed capital road is an arterial road under construction to access the core capital area from National Highway 16. The Guntur-Amaravati road connects the city with Vijayawada.Railway:A proposed Amaravati highspeed round railway line would connect the city with the nearby cities of Vijayawada, Guntur and Tenali, extending up to a length of 105 km i.e. 65 mi with an estimated cost of 10,000 crore rupees i.e. US$1.6 billion.Real-Estate Demands:Amaravathi- The new capital of Andhra Pradesh is going to be a World-Class Smart City. As the AP Chief Minister N. Chandrababu Naidu was planned to be one of the Top-Five Smart-City in the World.Amaravati's potential sectors are healthcare, education, retail, automobiles, entertainment, etc., and that will create more jobs and also infrastructure is going to be huge improvement. All the facilities will be available here as because it’s a capital city as well as planned for world-class smart city.So as per the above statements you can imagine the future of Amaravathi, Now Amaravati started implementing their vision into reality. This is the right time to invest in Real Estate like 2 BHK Flats for sale in Amaravathi, 2 BHK Flats for Sale in Vijayawada.Grand Project capitol, is a gated community with Hi-Fi amenities, located near the capital city of Andhra Pradesh, Amravati. The Grand Project offers to raise the Lifestyle of Urban Living to the Top-most Level. As the name of the project suggests, The Grand Project will truly be a Grand Jewel for the Amaravathi skyline. The Grand Project is privileged 2,3 BHK Flats for Sale in Amaravathi.If you buy any Gated Community Apartments in Amaravathi or Gated Community Flats in Amaravathi , it will be huge profitable.
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