Driven by excellence, focused on strategies for the longer term.

This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

Deep sectoral expertise across services and industries.

Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

Personal commitment supported by experience and grit.

We commit early. We pull together internally for greater support. Every effort is sincere, every individual deeply dedicated to their task, their role, to the Firm.

Our undertakings for long-term impact are an organic extension of our purpose.

They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

Knowledge-sharing is intrinsic to equity and inclusivity.

This is a repository of thought leadership, deep insights and strong viewpoints, legal and other news and events and how they impact the industry and our clients.

Relevance is critical to growth. It necessitates a firm that is dynamic and responsive.

Amplifying intrinsic talent, sharpening skills, expanding knowledge, is vital to leading. It defines every aspect of how our firm functions and transacts. This is how we create new benchmarks and set industry standards.

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Oct 19, 2023

Condonation of Delay in Filing of Forms by Limited Liability Partnerships

The MCA, by way of a General Circular dated August 23, 2023, has decided to grant a one-time relaxation in additional fees for those Limited Liability Partnerships (‘LLPs’) who could not file Form-3 (LLP agreement and changes therein), Form-4 (notice of appointment, cessation, change in name/ address/ designation of a designated partner or partner and consent to become partner or designated partner), and Form-11 (annual return of LLP) within the respective due date, and provide an opportunity to update their filings and details in master data for future compliances. This relaxation has been issued considering representations received by the Government that LLPs are finding it difficult to file these forms for various reasons. The General Circular provides that these forms have been made available for filing from September 01, 2023, to November 30, 2023; and that the LLPs availing this relaxation will not be held liable for any action for delayed filing. It also sets out certain other conditions in this regard to be complied by the LLPs in the filing process.

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DISCLAIMER

These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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