Introduction of Ben-2 LLP by MCA

This is to apprise you all that Form LLP BEN-2 and Form No. 4D are now available for filing on the MCA-21 portal for filing the details w.r.t. the Significant Beneficial Owner interest and Beneficial Interest respectively with the Registrar of Companies (RoC). Let us understand these Forms first, shall we ?

💨 Form LLP BEN-2 (“Return to the Registrar in respect of declaration under section 90”) : Every Limited Liability Partnership (“LLP”) that has received declaration under rule 5 of the Limited Liability Partnership(Significant Beneficial Owners) Rules, 2023 from its Significant Beneficial Owner holding significant beneficial interest in the LLP, shall file a return in Form No. LLP BEN-2 with the Registrar of Companies in respect of such declaration, within a period of thirty days from the date of receipt of such declaration. (As per the said rules, every individual who was a significant beneficial owner in the limited liability partnership, was required to give a declaration in Form No. LLP BEN-1 to the reporting limited liability partnership within ninety days from the commencement of these rules i.e. on or before 07 February 2024 Further every individual, who subsequently becomes a significant beneficial owner, or where his significant beneficial ownership undergoes any change shall file a declaration in Form No. LLP BEN-1 to the reporting LLP, within thirty days of acquiring such significant beneficial ownership or any change therein.).

💨 Form No. 4D (Return to the Registrar in respect of declaration of beneficial interest in contribution received by the LLP) : Every Limited Liability Partnership that has received a declaration from the person holding registered interest and person holding beneficial interest in the contribution of the LLP, shall file with within a period of thirty days from the date of receipt of declaration by it, a return in Form 4D to the Registrar of Companies in respect of such declaration. Note: The due date or last date to file both of these Forms without any payment of additional/late fee is on or before “01 July 2024”. Thank you for the insightful read. Should you find this enriching your knowledge, I welcome you to follow me for further updates.