Month: July 2010

Foreign Direct Investment in Multi-brand Retail Sector

[vc_row][vc_column][vc_column_text]1. Should FDI in multi brand retail be permitted? If so, should a cap on investment be imposed? If so, what should this cap be? We are of the view that 100% FDI should be allowed in multi brand retailing without any restriction. India’s commercial sector is rather underdeveloped compared with other countries. The entry …

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Limited Liability Partnership – Incorporation Requirements

Limited Liability Partnership – Incorporation Requirements Minimum Partners 2 (Two) Maximum Partners No Limit Minimum Designated Partners 2 (Two)* (Out of which at least 1 designated partner shall be resident in India) Designated Partners Identification Number (DPIN) All the designated partners shall obtain DPIN by filing eForm # 7 online on the LLP Portal Filing …

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Limited Liability Partnership – Event Based Compliances

Limited Liability Partnership – Event based Compliances   Head Section Complianc Penalty for Non-Compliance Procuring Designated Partners Identification Number 7(6) Every Designated Partner should obtain a Designated Partner Identification Number (DPIN) from the Central Government Every individual or partner , who is in default shall be punishable with fine which may extend to Rs 5000 …

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