LLP Incorporation by registration in section 12
LLP Incorporation by registration
The LLP incorporation is registered by the registrar and provide a certificate that the LLP is incorporated.
(i)The incorporation document is registered
(ii)To provide a certificate of that LLP is incorporated within the specified name.
(2)The statement is provided under the section (11). The register may accept as the statement has a clue of that requirement is placed in clause(A). The subsection of clauses ( A) has been compiled with registration.
(3)Under clause(b) of subsection(1) of the certificate is issued and signed by the registrar with his official seal.
(4)The certificate shall be decisive clue that the registration (LLP) limited liability partnership is incorporated by the name defined in that.
LLP analysis in section 12
The section (12) of an LLP act provides that when the requirements stipulated under section 11 have been compiled with the registrar shall maintain the incorporation certificate. In a duration of 14 days, The LLP incorporation document register and provide a certificate that the LLP is incorporated by the name defined in that.
The LLP registration of the condition that the requirement imposed by section(11) has been compiled with. The section (11)requires that an LLP is incorporated with two or more persons combined to form an proper business. They have a profit that has their names to incorporate an document.There has been two subscribers to the incorporation document who propose to carry on a lawful business with an profit.
The section 12 (2)of an LLP act provides that the registrar may accept the statement is delivered in the section (11). The requirement is imposed in the section 11 has been compiled with.
The section 12 (3) of the LLP act provides that the certificate of LLP incorporation is issued under section 12. It is signed by the registrar and verified by his official seal.
The section 12 (4) of the LLP act provides that the certificate shall be decisive clue of that the LLP is incorporated by the name described therein.This provision is similar to section (35) under the companies act 1956 of an registration.