Convert a Partnership Firm into LLP in Patna | Bihar Tax Consultant

Company & partnership law • Patna and Bihar

Conversion of Partnership Firm into LLP in India

Section 55 and Second Schedule eligibility, MCA Form 17 with FiLLiP, conversion documentation, old-liability protection, LLP agreement and post-conversion compliance in English and Hindi.

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Research reviewed: 3 October 2026. General information; case-specific advice requires an agreed engagement.

What is conversion of a partnership firm into an LLP?

A partnership firm may convert into a limited liability partnership under Section 55 and the Second Schedule to the Limited Liability Partnership Act, 2008. This is a statutory conversion of one existing firm into one LLP: it is not the same as merely incorporating a new LLP and separately selling the partnership business to it. On registration of the conversion, the undertaking, relevant assets and liabilities vest in the LLP as provided by the Act.

The major eligibility condition is strict. Immediately upon conversion, the partners of the LLP must comprise all the partners of the existing firm and nobody else. Therefore, a promoter who wants a new investor to enter should plan the partner composition and later admission as a separate legally reviewed transaction. A group of firms cannot use the statutory conversion route to merge multiple partnerships into a single LLP.

The LLP becomes a body corporate with a legal identity distinct from its partners and generally provides a limited-liability framework for subsequent business obligations. Nevertheless, personal liability for obligations incurred by the old firm before conversion continues as specifically preserved by the Second Schedule. A prudent conversion therefore combines legal eligibility, financial due diligence, contractual review and careful tax analysis.

Direct answer / सीधा उत्तर: For an eligible existing partnership, file the linked MCA conversion application Form 17 with FiLLiP, obtain the conversion certificate, execute and file the LLP agreement and complete the required registrar, banking, tax and licensing updates. Conversion does not cancel historical debts.

Why convert rather than register a fresh LLP?

Statutory conversion creates a distinct continuity mechanism. The law provides for the transfer and vesting of the firm’s business undertaking, property, assets, rights, interests, privileges, liabilities and obligations in the converted LLP. By contrast, incorporating an unrelated new LLP and moving the old firm’s business by private agreements may require separate conveyances, novations, valuations and other transfer analysis.

Continuity does not mean every third-party system automatically updates itself. A bank, landlord, lender, customer, supplier, regulator or government portal may still require notice, updated know-your-customer documents, confirmation, endorsement, or a fresh registration. Licences and permits are subject to their governing statutes. Even where a right vests by operation of law, operational implementation should be documented.

Conversion may suit an operating firm whose partners wish to adopt an LLP governance structure without presenting the change as a completely unrelated venture. It is not an appropriate shortcut when the current partners do not agree, material creditor consents are missing, records are unreliable, or the proposed arrangement involves a partner set inconsistent with the Second Schedule.

Question	Statutory firm-to-LLP conversion	Fresh LLP and separate business transfer
Governing path	Section 55 and Second Schedule	Fresh incorporation plus separate contractual/tax transactions
Partners at conversion	Exactly all existing firm partners	Subject to ordinary LLP incorporation rules
Business undertaking	Statutory vesting, subject to applicable law	Separate transfer and third-party analysis
Old liabilities	Former firm partners remain personally liable as prescribed	Depends on law and contracts; no automatic discharge
MCA route	FiLLiP linked with Form 17	Ordinary FiLLiP incorporation

What are the eligibility conditions under the Second Schedule?

The applicant must be a firm within the meaning of the Indian Partnership Act, 1932. The conversion application must satisfy the requirements in the Second Schedule and applicable LLP Rules, and the Registrar must be able to register the conversion. Form 17 collects the details and statutory statements that establish eligibility.

Every existing partner must consent and be included in the LLP at conversion, and no third person can be included at that moment. Plan any retirement, profit-sharing renegotiation or later induction on its own facts; artificial sequencing can create contractual or tax issues. The LLP must also comply with the designated-partner and resident-designated-partner requirements that apply when it is incorporated.

Form 17 requires disclosure concerning the old firm’s registration where applicable, financial particulars, up-to-date income-tax return information, pending proceedings and earlier refusal, and the consent of secured creditors where relevant. A registered or unregistered partnership should be evaluated against the actual current portal validations: do not assume an unregistered firm is automatically ineligible merely because it lacks a Registrar of Firms number.

Regulated businesses must examine separate approvals. A licence issued to the old partnership is not always transferable by a mere MCA certificate; a regulator may impose prior approval, endorsement, notification or fresh authorisation. Any ongoing case or investigation must be accurately disclosed rather than omitted to simplify the application.

Not an automatic liability waiver: Paragraph 16 of the Second Schedule preserves the former partners’ joint and several personal liability for pre-conversion liabilities and obligations, including those from contracts made before conversion.

What documents are normally required for conversion?

Collect the firm’s legal, identity and financial records before creating MCA forms. A document checklist should be tailored to the current FiLLiP/Form 17 instruction kits and to the type of business, creditors and property involved. Where a document is not relevant, record the reason instead of uploading inaccurate declarations.

For partners, verify their names against PAN and identification records and obtain the digital signatures and identification particulars the current system requires. For the registered office, organise lawful-occupation evidence and the owner’s consent wherever needed. A mismatch between firm records, PAN, GST and title or lease documents often causes avoidable queries.

Secured lender approval deserves special attention. Consent to conversion is not the same thing as a release of guarantees, charge satisfaction or amendment of loan covenants. Review each facility agreement, security instrument and bank mandate separately before stating that a lender has agreed to every consequence of the conversion.

Existing partnership deed and all supplementary deeds; firm registration certificate, if registered.
Consent and particulars of every existing partner; identification, PAN, address evidence and DSC arrangements.
Proposed LLP name, lawful office address proof, owner’s NOC where applicable and current utility evidence as required.
Latest income-tax return acknowledgement and other declarations required in Form 17.
Statement of assets and liabilities certified by a chartered accountant in practice as required by the filing.
List of secured creditors and their written consents where applicable.
Details of pending court, tribunal and authority proceedings; material outstanding contracts and statutory notices.
Regulatory consents or approvals if the business licence or applicable legislation requires them.
Proposed LLP agreement covering contributions, profit sharing, management and indemnities.
Working paper reconciling the old firm’s assets, debts, partners’ balances, tax records and proposed LLP opening entries.

How does the MCA conversion process work?

Treat the application as a linked conversion, not two unrelated submissions. MCA’s FiLLiP instruction kit requires LLP Form 17 to be filed together with FiLLiP when the incorporation type is conversion of a firm into an LLP. A pre-filing review should establish whether the proposed name can be used and whether any separate reservation is advantageous under the current MCA process.

Form 17 gives the Registrar a statement from the partners and supporting material for the conversion. FiLLiP provides the LLP incorporation particulars. Follow the current portal validation and professional certification requirements; a PDF of an older paper form may differ from the current webform. Track resubmissions and the linked application together so their names, partners, addresses and financial particulars remain consistent.

Map the existing firm. Verify partnership deed, partner identities, business activity, firm registration, financial records and pending disputes.
Confirm all-partner eligibility. Obtain consent from every existing partner and confirm the proposed LLP includes no other person at conversion.
Conduct creditor and licence diligence. Identify secured creditors, required consents, regulated approvals and terms of material contracts.
Prepare the incorporation particulars. Check name availability, office evidence, designated partners, valid identity information and DSC arrangements.
Submit FiLLiP with linked Form 17. Upload the required declarations, accountant-certified financial statement and relevant consents in the current MCA workflow.
Record the conversion certificate. Confirm the effective date and LLPIN, and reconcile the new entity’s master data with the approved documents.
Execute and file the LLP agreement. Attend to applicable state stamp duty and file LLP Form 3 within the prescribed period, ordinarily thirty days of incorporation.
Complete post-conversion updates. Address Registrar of Firms intimation, correspondence disclosures, banking, PAN/tax review, GST, licences, contracts, accounts and the compliance calendar.

What happens to property, debts and contracts after conversion?

Under Section 58 and the Second Schedule, the statutory conversion brings about vesting of the old firm’s undertaking in the LLP. This is why accurate schedules of assets, receivables, payables, security, intellectual property and contractual commitments are important before the application. The new balance sheet should not omit a liability merely because the creditor has not yet contacted the LLP.

The LLP ordinarily becomes responsible for the old undertaking’s liabilities under the statutory conversion mechanism. The old partners nevertheless remain personally liable, jointly and severally with the LLP, for liabilities and obligations incurred before conversion or arising under contracts entered into before conversion. The Second Schedule also addresses an indemnity from the LLP when a former partner discharges such an obligation, subject to any contrary agreement.

Where immovable property is involved, seek a property-specific examination of registration, mutation, revenue records, stamp-duty treatment and lender encumbrances. Statutory vesting does not mean a local record automatically changes or that every tax or stamp question has the same answer. For leased property, assess the lease covenants and the landlord’s required actions.

Existing litigation, claims and proceedings need continuity planning. Record the old party description, the LLP conversion certificate and the procedural steps needed in the court, tribunal or department. A change in the business vehicle should not be misrepresented as terminating claims or erasing evidence.

Which post-conversion filings and deadlines matter?

MCA registration is the beginning of the new LLP’s compliance life. The initial LLP agreement is filed through Form 3 within the prescribed period, ordinarily thirty days from incorporation. The agreement should match the approved partners, contributions and profit-sharing details. If partner details change later, consider the applicable Form 4 and linked Form 3 workflow.

The Second Schedule requires the LLP to inform the concerned Registrar of Firms about the conversion within fifteen days of registration. Verify the current procedure with the relevant state Registrar; do not confuse this statutory notice with MCA’s Form 17 application. Historical material also refers to Form 14, but MCA’s published Form 14 instructions say firm-conversion selection is not applicable for filing through MCA21. Accordingly, the current state-office/portal method must be checked rather than promising that an old MCA Form 14 option remains usable.

For twelve months, beginning no later than fourteen days after registration, official correspondence of the converted LLP must disclose that it was converted from a firm and state the former firm name and registration number, if applicable. Add this disclosure to relevant invoices, letterheads and official business correspondence as appropriate.

After conversion, create a distinct LLP compliance calendar, including Form 11 annual return, Form 8 statement of account and solvency, income-tax filings and audit requirements where applicable. Banking KYC, statutory licences, payroll, vendor records and tax portals should be reconciled against the LLP’s correct identity.

Action	Timing / rule
Form 17 + FiLLiP	Linked conversion application
LLP agreement / Form 3	Ordinarily within 30 days of incorporation
Notice to Registrar of Firms	Within 15 days after conversion registration
Conversion disclosure	For 12 months beginning no later than 14 days after registration
Other registration updates	According to the governing statute and portal rules

How should GST, PAN and income tax be handled?

Tax consequences require a separate analysis from MCA approval. A statutory conversion may be assessed under judicial interpretations of succession and transfer provisions; however, do not assert that every firm-to-LLP conversion is automatically exempt from capital gains or other taxes. In particular, Section 47(xiiib) is the conditional provision for a company-to-LLP conversion and should not be incorrectly quoted as the special exemption for a partnership-firm-to-LLP conversion.

Reconcile the old partnership’s closing accounts and the LLP’s opening records, including partners’ capital balances, depreciation, unabsorbed items where relevant, inventory, receivables and loans. Obtain transaction-specific advice about the applicable income-tax legislation and the tax year in which the conversion occurs. Also evaluate whether tax audit, TDS/TCS, outstanding demands or return disclosures require action.

For GST, a change in constitution resulting in a change of PAN can require a fresh registration rather than a simple amendment of the old GSTIN. Assess any relevant transfer-of-business provisions, registration threshold, continuity of supplies, invoicing cutover, input tax credit transfer subject to applicable conditions and old-registration cancellation obligations. Review the current GST portal procedure before setting a filing sequence.

Banks and contractual counterparties will need the proper entity records. Verify the LLP’s PAN and applicable registrations, make any bank-account and KYC changes, update withholding details, and decide which entity issues invoices for supplies made around the conversion date. Do not backdate invoices or assume the old firm’s credentials have moved automatically.

What fees and professional costs should be expected?

The statutory amount depends on the contribution, filing type, current MCA fee tables, optional name-reservation choices and any additional fees applicable to delayed submissions. LLP agreement stamping is a state-law question and can depend on the instrument and applicable Bihar stamp provisions. Additional costs may arise for digital signatures, accounting certificates, property-record updates or regulatory permissions.

Professional fees should identify exactly what is included: eligibility analysis, name check, Form 17 and FiLLiP filing, statutory declaration preparation, LLP agreement drafting and Form 3, state Registrar intimation, and separately priced GST, tax, accounting or bank work. No universal all-inclusive cost or guaranteed approval period should be advertised without a defined factual scope.

Allow for regulatory queries and third-party approvals. A clean application with matching documents may proceed differently from a firm with secured borrowing, immovable property, unresolved tax notices or multiple licences. The legal conversion date is the date shown in the registration certificate, not an estimated processing date or the day on which partners sign an initial consent.

What errors should partners avoid?

Adding an outsider during conversion. The statutory eligibility requires all old firm partners and nobody else at the point of conversion. A proposed new investor should not be inserted into Form 17 in breach of that condition.

Assuming limited liability works retrospectively. Conversion does not release old partners from obligations that arose before conversion or from older contracts covered by the Second Schedule.

Confusing Form 17 with Form 18. Form 17 concerns partnership-firm conversion; Form 18 belongs to conversion of a private or unlisted public company into an LLP.

Using obsolete Form 14 filing guidance. Separate the Second Schedule’s state Registrar notice duty from the historic MCA eForm guidance. Verify the live state-office process and preserve proof of intimation.

Overlooking the twelve-month correspondence disclosure. The converted LLP must tell recipients of official correspondence that it was converted and identify the former firm as prescribed.

Failing to review loans or licences. Obtain applicable consents and examine transfer restrictions, guarantees, account controls and regulator-specific requirements.

Quoting a blanket tax exemption. Company-to-LLP conditions in Section 47(xiiib) should not be transposed onto firm-to-LLP conversion. Obtain transaction-specific tax advice.

Ignoring business continuity. Map who signs customer orders, holds bank tokens, has GST portal authority and is responsible for pending proceedings after the effective date.

Fictional case study: a Bihar makhana partnership converts into an LLP

Fictional educational example—not a client case. Three entrepreneurs in Bihar operate a partnership firm called Mithila Makhana Foods under a partnership deed. The firm procures makhana, runs a packaging unit and supplies domestic distributors. The partners are considering an LLP structure to formalise their governance and prepare for possible international trade. No foreign buyer, sale, export shipment or financial result is assumed.

Before proceeding, the partners reconcile their existing deed, inventory, machinery, working-capital loan, firm PAN, GST registration and lease. All three agree to become the initial LLP partners, and no fourth partner is introduced at conversion. They identify who will serve as designated partners under the applicable law and prepare the statements and supporting documents for linked Form 17 and FiLLiP filing.

The bank’s secured facility is checked for consent, guarantee and mandate requirements. The partners also examine the premises lease and food-business licence. Their accountant prepares the required financial statement and a cutover reconciliation. After the Registrar issues the conversion certificate, they execute and file the LLP agreement and complete the relevant Registrar of Firms intimation, letterhead disclosure and operational updates.

The partners then consider a separate export-readiness project. Depending on their products and arrangements, they may need to examine DGFT IEC requirements, FSSAI licensing, applicable APEDA requirements, product standards, destination-market food rules, packaging and labelling, customs classification, bank documentation, transport arrangements and overseas contracts. None of these follows automatically from LLP conversion, and the regulatory requirements must be checked for the actual product and destination.

This example illustrates why conversion is best managed as an integrated legal, accounting and operational exercise. The filing changes the legal form, but a coherent bank, tax, licensing and contracting transition protects continuity in day-to-day trade.

How should partner capital, pending disputes and the conversion cutover be documented?

Before preparing Form 17, reconcile each partner’s capital account with the partnership deed, actual books and proposed opening LLP records. Contribution and profit sharing are separate concepts; the amount credited as capital does not necessarily establish the profit-sharing percentage unless the governing agreement says so. Record loans from partners separately from their capital contribution and decide how debit balances, drawings, unpaid remuneration and accrued interest will be treated.

The conversion file should show a clearly identified cutover date, the inventory and fixed assets held by the partnership, receivables expected from customers, outstanding supplier invoices, employee dues, refundable deposits and statutory payables. The financial statement supplied with the conversion application should be supported by reconciliations rather than an estimated balance sheet prepared solely for portal upload. If a material entry is disputed between partners, it should be resolved and documented before the declarations are signed.

Check every material agreement for provisions concerning assignment, change in constitution, conversion, change in control, security and mandatory notices. The statutory vesting mechanism is important, but some contracts may prescribe notification or third-party cooperation. Document who will sign addenda, who will contact vendors and customers and how purchase orders already issued in the old firm’s name will be handled. Customers should receive consistent instructions about the entity entitled to receive payment after conversion.

For court cases and statutory notices, maintain a register identifying the forum, case number, current party description, period of dispute, amount or relief involved, next date and the person responsible for action. Conversion does not justify dropping pending matters from management’s compliance list. Counsel can assess whether the record should show the LLP as successor or whether any formal application or notice is necessary under the applicable procedure.

Employee and payroll continuity deserves attention. Review employment letters, provident-fund and employee-state-insurance records where applicable, payroll liabilities, gratuity and leave balances, employment-related registrations and confidentiality obligations. Explain the conversion to affected personnel without promising that every prior employment entitlement has disappeared or that every registration has automatically migrated.

Partners should also define a records-preservation and digital-handover policy. The old firm may have held GST and income-tax credentials, DSCs, accounting software accounts, banking tokens, domain names, trademarks and email accounts. Update access in a controlled manner, retain the audit trail for transactions before the conversion date and restrict former access only after continuity and evidence needs have been considered.

Finally, approve a post-conversion responsibility matrix. Assign one designated partner responsibility for MCA deadlines, another authorised person for tax and banking updates where lawful, and a named contact for creditor and customer notices. Review completion against actual acknowledgements. A resolution alone is not proof that the bank, regulator or counterparty has processed its required change.

हिन्दी मार्गदर्शन: Partnership Firm को LLP में कैसे बदलें?

सीधा जवाब: मौजूदा Partnership Firm को LLP Act, 2008 की Section 55 और Second Schedule के अनुसार LLP में convert किया जा सकता है। इसके लिए MCA पर FiLLiP के साथ linked Form 17 जमा किया जाता है। यह सामान्य नई LLP बनाकर पुराने कारोबार को अलग से बेचने जैसा नहीं है; कानून के अनुसार eligible firm का undertaking converted LLP में vest होता है।

सबसे जरूरी शर्त: पुरानी firm के सभी partners conversion के समय LLP के partners होने चाहिए और उसी समय किसी नए व्यक्ति को partner नहीं जोड़ा जा सकता। इसलिए अगर किसी investor को शामिल करना है, या किसी partner की retirement तय की जा रही है, तो उसकी chronology अलग से legal review के बाद बनानी चाहिए।

क्या पुरानी firm registered होना जरूरी है? Second Schedule में firm के registration number और date की जानकारी “if applicable” के रूप में आती है। इसलिए केवल यह मानना सही नहीं कि unregistered partnership का conversion हर हालत में प्रतिबंधित है। फिर भी current MCA webform validation और firm की वास्तविक कानूनी स्थिति अवश्य जांचें।

Form 17 और FiLLiP: Form 17 में पुरानी firm, उसके partners, consent, assets-liabilities, secured creditors, income-tax return और आवश्यक declarations का विवरण दिया जाता है। FiLLiP में बनने वाली LLP का नाम, registered office, partner/designated partner आदि का विवरण रहता है। वर्तमान MCA प्रक्रिया में firm conversion के लिए दोनों linked रूप में दाखिल किए जाते हैं।

कौन से दस्तावेज चाहिए? Partnership deed और उसके amendments, partner consent, identity/PAN और address documents, firm registration certificate अगर उपलब्ध हो, CA-certified assets and liabilities statement, latest income-tax return acknowledgement और secured creditors की सहमति जहां लागू हो, मुख्य records हैं। Registered office, digital signature और regulatory approvals के दस्तावेज भी परिस्थिति के अनुसार जरूरी हो सकते हैं।

पुराने कर्ज की जिम्मेदारी: LLP बनने से पुराने partners की सभी personal liabilities समाप्त नहीं हो जातीं। Second Schedule के अनुसार conversion से पहले की liabilities तथा conversion से पहले किए गए contracts से जुड़ी obligations के लिए पुराने partners, LLP के साथ jointly और severally liable रह सकते हैं। इसलिए bank loan, supplier dues, tax demands और guarantees की जांच बहुत महत्वपूर्ण है।

Conversion के बाद: LLP agreement तैयार करके applicable stamp duty के साथ Form 3 की filing निर्धारित समय, सामान्यतः incorporation से 30 दिनों के भीतर, पूरी करें। Registrar of Firms को conversion की सूचना 15 दिनों के भीतर देने की statutory requirement का ध्यान रखें और Bihar में current notice process verify करें।

12 महीने का disclosure: Conversion के बाद LLP के official correspondence पर निर्धारित अवधि तक यह बताया जाना चाहिए कि LLP पहले partnership firm थी। पुराने firm का नाम और registration number, यदि था, उचित रूप से दिखाएं। यह disclosure registration के 14 दिनों से देर से शुरू नहीं होना चाहिए और 12 महीने चलना चाहिए।

GST और income tax: Firm और LLP के PAN, GST registration, closing-opening accounts, invoices, bank accounts तथा outstanding notices का अलग review जरूरी है। GST में PAN बदलने पर fresh registration की जरूरत हो सकती है। सिर्फ MCA conversion certificate मिलने से हर GST या tax compliance अपने-आप पूरी नहीं होती।

Income-tax exemption को लेकर सावधानी: Company से LLP में conversion के लिए जो Section 47(xiiib) की विशेष conditions हैं, उन्हें partnership-firm-to-LLP conversion की universal exemption बताना सही नहीं है। Assets, consideration, capital balances और transaction के facts देखकर tax treatment निर्धारित किया जाना चाहिए।

बिहार के छोटे व्यवसाय: यदि कोई makhana processing या trading firm LLP बनती है, तो partnership conversion के साथ banking, FSSAI, DGFT/IEC, APEDA से संबंधित लागू नियम, supply contracts और अन्य portal authorisations भी अलग से चेक करने चाहिए। International trade के लिए LLP बन जाना अपने-आप export permission या foreign order नहीं है।

कब professional review उपयोगी है? यदि किसी partner की सहमति नहीं है, secured loan या guarantee है, immovable property है, firm पर tax notice या litigation है, या नए investor को जोड़ना है, तो filing से पहले legal और financial due diligence करवाएं। गलत declarations या अनुपयुक्त transaction structure बाद में विवाद पैदा कर सकते हैं।

What assistance can Bihar Tax Consultant provide?

Bihar Tax Consultant assists with enquiries involving eligibility assessment, conversion documentation, partner-consent review, MCA filing coordination, LLP agreement preparation, and connected corporate, tax and business-compliance documentation. The work should begin with a factual checklist of the firm’s partners, debts, assets, pending proceedings and desired post-conversion structure.

The office can help organise the linked Form 17/FiLLiP submission, filing records, agreement terms, handover matrix and state Registrar notice requirements, subject to the specific engagement. Tax, accountancy and regulator-specific work may require an appropriately qualified professional and separate authorisation. No approval, time or financial outcome is guaranteed.

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Advocate Tabish Ahmad, Founder of Bihar Tax Consultant, introduces a free Tax Consultant Course for lawyers who have recently passed LL.B. Contact the office to confirm the course scope, format, schedule and enrolment arrangements.

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FAQs / अक्सर पूछे जाने वाले प्रश्न

Can any partnership firm convert into an LLP?

An eligible partnership firm may convert under Section 55 and the Second Schedule if the statutory partner-composition, filing and applicable approval requirements are met.

Must all old partners become LLP partners?

Yes. All partners of the firm and no one else must comprise the partners of the LLP at conversion.

Can a new investor join during conversion?

Not as an additional partner at the moment of statutory conversion. Any later admission needs separate legal, agreement and filing review.

Is Form 17 filed alone?

No. MCA’s current FiLLiP instructions require Form 17 as a linked filing when conversion of a firm into an LLP is selected.

Is Form 18 used for a partnership firm?

No. Form 18 applies to conversion of a private or unlisted public company into an LLP; Form 17 applies to firm conversion.

Can an unregistered firm apply?

The Second Schedule refers to old-firm registration details where applicable; eligibility must be checked against the firm’s facts and current MCA validations.

Does conversion release partners from old debts?

No. The Second Schedule preserves former partners’ joint and several personal liability with the LLP for pre-conversion obligations and obligations from earlier contracts.

Do secured creditors need to consent?

Identify secured creditors and obtain the consents required by the conversion filing and applicable loan arrangements.

What is the LLP agreement filing deadline?

The initial LLP agreement is ordinarily filed through LLP Form 3 within 30 days of incorporation.

Must the Registrar of Firms be informed?

Yes. The Second Schedule requires intimation within 15 days after registration. Verify the current procedure of the relevant state Registrar.

Does the LLP have to disclose its former name?

Yes. The prescribed conversion disclosure must appear on official correspondence for 12 months, starting no later than 14 days after registration.

Does conversion automatically transfer every licence and GSTIN?

No. Licences depend on their governing law, and GST, PAN, banking and other registrations require separate analysis and updates.

क्या हर Partnership Firm LLP में convert हो सकती है?

Eligible firm Section 55 और Second Schedule की शर्तें पूरी करके LLP में convert हो सकती है; वास्तविक documents और approvals देखना आवश्यक है।

क्या पुराने सभी partners LLP में रहेंगे?

हाँ। Conversion के समय पुराने firm के सभी partners और कोई अन्य व्यक्ति नहीं होना चाहिए।

क्या conversion के समय नया partner जोड़ सकते हैं?

Statutory conversion के समय अतिरिक्त व्यक्ति नहीं जोड़ सकते। बाद में admission का अलग legal और filing review आवश्यक है।

Firm conversion में कौन सा MCA form लगता है?

Current MCA workflow में Form 17 को FiLLiP के साथ linked filing के रूप में दाखिल किया जाता है।

क्या partnership firm के लिए Form 18 लगता है?

नहीं। Form 18 company-to-LLP conversion के लिए है; partnership-firm-to-LLP conversion में Form 17 relevant है।

क्या unregistered partnership firm convert हो सकती है?

Second Schedule में firm registration details जहां लागू हों मांगी गई हैं; current MCA validations और वास्तविक facts जांचें।

क्या LLP बनने से पुराने कर्ज खत्म हो जाते हैं?

नहीं। Conversion से पहले की obligations के लिए पुराने partners की personal liability कानून के अनुसार बनी रह सकती है।

क्या bank consent जरूरी है?

जहां secured creditor मौजूद हो, आवश्यक consent और loan-document conditions का पालन करना चाहिए।

LLP Agreement कब file करना है?

Initial LLP Agreement सामान्यतः incorporation के 30 दिनों के भीतर Form 3 के जरिए file किया जाता है।

क्या Registrar of Firms को सूचना देनी होती है?

हाँ। Conversion registration के 15 दिनों के भीतर संबंधित Registrar को सूचना देने की statutory requirement है।

पुरानी firm का नाम कितने समय तक बताना होता है?

Prescribed conversion disclosure 12 महीने के official correspondence पर दिया जाता है, जो registration के 14 दिनों से देर से शुरू नहीं होना चाहिए।

क्या पुराना GSTIN अपने-आप LLP में चल जाएगा?

नहीं। PAN में बदलाव और GST कानून के अनुसार fresh registration, credit transfer तथा अन्य compliance का अलग review आवश्यक है।

Official legal and filing sources

Consult the Limited Liability Partnership Act, 2008 (Sections 55 and 58 and the Second Schedule), the MCA FiLLiP instruction kit, the MCA Form 3 instruction kit and the Income Tax Department’s Section 47 material. Check the current MCA webform, fee schedule and applicable tax-year legislation before filing.

Related enquiries: LLP incorporation, partnership firm registration, partnership deed drafting, LLP annual compliance and GST compliance. Specific service URLs should be confirmed before publication.