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Stamp Duty For Llp Agreement In Kerala

by Renkema

The LLP Agreement is a written contract between the LLP`s partners or between the LLP and its designated partners. It defines the rights and obligations of the partners designated among themselves and vis-à-vis the LLP. It is mandatory to execute and submit the LLP agreement with MCA within 30 days of the creation of LLP. (Delay in bottling the LLP agreement may result in a fine of RS. 100 per day) LIMITED LIABILITY PARTNERSHIP AGREEMENT or LLP AGREEMENT means any written agreement between As you can see, many states have their different rates of a stamp, you have to pay depending on your state. The above sentence is according to the latest Stamp Duty Act, the stamp duty of the state of Telangana is the same as in the state of Andhra Pradesh. Therefore, stamp duty on an LLP agreement depends on the state in which it is registered and the amount of the capital contribution. It can be paid in two ways, by buying extrajudicial stamp paper or by francizing the bank`s contract. The agreement must be submitted to the MCA within 30 days of its creation. MCA charges a fee for late filing of paragraph 100/ – per day for filing an agreement after the due date. Of the 2 DPs that execute the LLP agreement, one DP is from UP and the other from MP. The head office is located at MP.

What stamp duty is levied on the agreement? The LLP agreement is required when opening LLP`s bank account, the correct stamp duty must be paid by appointment and the same must be approved by the Ministry of Corporate Affairs by LLP Form 3 Person joins a company as a partner and wishes to transfer his country in deposit or capital to the company…