answersLogoWhite

0

If there is any delay in filing Form-8 and Form-11 of LLP, you will have to pay the penalty of Rs. 100/day of default. One cannot wind up or close their LLP without filing Annual Accounts. Also, non-compliance with any of the mandatory requirements may lead to heavy penalties

User Avatar

894patel.nikita

Lvl 10
1y ago

What else can I help you with?

Related Questions

Will provisions of Indian Partnership Act 1932 would be applicable to LLPs?

ROC is the regisNo, these shall not be applicable to LLPs.


What is it called when a law requires us to do something and we don't do it?

When a law requires us to do something and we fail to comply, it is typically referred to as a "violation" or "noncompliance." This can lead to legal consequences, such as fines or penalties, depending on the nature of the law and the severity of the noncompliance. In some cases, it may also be categorized as an "offense" or "infraction."


What is the consequence of noncompliance of money laundering legislation?

Noncompliance with money laundering legislation can lead to severe consequences for individuals and organizations, including hefty fines, criminal charges, and imprisonment. Financial institutions may face regulatory sanctions, loss of licenses, and reputational damage. Additionally, noncompliance can hinder efforts to combat financial crime and undermine the integrity of the financial system. Ultimately, it poses significant risks to the stability of economies and the rule of law.


What is it called when we don't do something the law says we should?

When we don't do something the law says we should, it is referred to as noncompliance. This can occur in various contexts, such as failing to follow regulations, not adhering to legal obligations, or ignoring statutory requirements. Noncompliance can result in legal penalties, fines, or other consequences depending on the severity and nature of the violation.


What is Disobedience refusal to submit to authority?

Disobedience refers to the act of deliberately refusing to follow rules, laws, or commands from an authority figure. It is a form of noncompliance that can result in consequences or punishment.


Noncompliance with ASAP What will happen in Court?

Noncompliance with an ASAP (Alcohol Safety Action Program) order can lead to serious legal consequences. In court, the judge may impose penalties such as fines, additional community service, or even jail time, depending on the severity of the noncompliance. The court may also require the individual to re-enroll in the program or impose stricter conditions to ensure compliance moving forward. Ultimately, repeated violations may result in more severe legal repercussions.


What do noncompliance mean?

- Failure or refusal to comply


What rhymes with noncompliance?

science alliance appliance misalliance reliance compliance defiance non-compliance self-reliance


What are the ratings and certificates for Law and Order Special Victims Unit - 1999 Noncompliance 2-6?

Law and Order Special Victims Unit - 1999 Noncompliance 2-6 is rated/received certificates of: Australia:M


WHY comply with crimes act?

Noncompliance with laws leads to prosecution. Simple enough.


Who should minimize noncompliance by the patient instruct how to take the medication?

the pharmacy technician


Does noncompliance needs a hyphen?

No, "noncompliance" does not need a hyphen. It is commonly written as a single word without a hyphen, following standard conventions for prefixes like "non-." This applies to other similar terms as well, such as "nonprofit" or "nonexistent."