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FAQs on Disclosure,Audit and Filing Requirements

  • 1

    Whether every LLP would be required to maintain and file accounts?

  • 2

    Whether audit of all LLPs would be mandatory?

  • 3

    Whether any provisions in respect of ‘mandatory insurance’ are being proposed in the Act?

  • 4

    Whether any Annual Return would be required to be filed by an LLP?

  • 5

    Whether the Registrar would have any power to call for information from LLPs?

  • 6

    Which documents will be available for public inspection in the office of Registrar?

  • 7

    How would compliance management (i.e. ensuring that LLPs file their documents with Registrars timely and otherwise comply with other procedural requirements under the Act) be ensured in the Act?