Limited Liability Partnership (Second Amendment) Rules, 2018

MCA has changed the process of incorporating LLP. Following are the features of the revised process:

1. Form RUN-LLP (Replacing Form 1) introduced for reservation of the name of LLP
2. Form FiLLiP (Replacing Form 2) introduced for incorporation of LLP.
3. The Name of LLP can be reserved in advance by using form RUN-LLP or simultaneously with the application in Form FiLLiP (Similar to SPice form applicable for Companies)
4. DPIN can be applied through Form FiLLip for maximum 2 persons.
5. The COI of LLP or Conversion of LLP will be issued by CRC in form 16 and 19 respectively.
6. Following forms have also been revised:
   Form 5: Notice of Change of Name of LLP
   Form 17: Application for conversion of Firm to LLP
   Form 18: Application for conversion of Pvt Ltd. Co. or Unlisted Public Ltd. Co. to LLP
7. Chances of Resubmission: One resubmission allowed for RUN-LLP and two chances for resubmission for FiLLiP.