The Annual Return (Form 11) is a crucial regulatory filing required for Limited Liability Partnerships (LLPs) in India. It is filed with the Registrar of Companies (RoC) as part of the compliance obligations for LLPs. Form 11 contains information about the LLP’s management, partners, and financial details for the previous financial year.
Here are the key details that need to be included in Form 11:
- LLP Information: This section includes basic information about the LLP, such as its name, LLPIN (LLP Identification Number), and registered office address.
- Period Covered: The form specifies the financial year for which the annual return is being filed.
- Details of Partners: Form 11 requires information about all the partners of the LLP, including their names, addresses, Designated Partner Identification Numbers (DPINs), and dates of appointment or cessation as partners.
- Details of Designated Partners: Information about the designated partners, including their DPINs, names, and addresses, is included in this section.
- Other Obligations: This section is used to indicate whether there has been any non-compliance or contravention of the obligations specified in the LLP agreement.
- Statement of Account and Solvency: The form provides an option to indicate whether the LLP has filed the statement of account and solvency in Form 8 for the relevant financial year.
- Signatory Details: The form must be signed by one or more designated partners or any other person authorized by the LLP.
- Certification: The form includes a certification confirming the accuracy of the information provided in the form.
The Annual Return (Form 11) is typically due within 60 days from the end of the financial year to which it relates. Filing this form with the RoC is essential to maintain the LLP’s compliance with regulatory requirements and to keep its records up to date. Failure to file the Annual Return within the prescribed time frame can lead to penalties and legal consequences.