MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Budget

The annual re...

Question

The annual return of LLP having turnover of more than or contribution more than shall be accompanied with a certificate from a Company Secretary in Practice to the effect that he has verified the particulars from the books and records of the LLP and found them to be true and correct.

A

Rs. 1 Crore; Rs. 50 lakh

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Rs. 5 Crore; Rs. 50 lakh

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Rs. 50 Crore; Rs. 5 crore

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Rs. 5 Crore; Rs. 10 crore

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Rs. 5 Crore; Rs. 50 lakh
As per sevtion 25 of Limited Liability Partnership Rules, 2009 the annual return of an LLP having turnover upto five crore rupees during the corresponding financial year or contribution upto fifty lakh rupees shall be accompanied with a certificate from a designated partner, other than the signatory to the annual return, to the effect that annual return contains true and correct information. In all other cases, the annual return shall be accompanied with a certificate from a Company Secretary in practice to the effect that he has verified the particulars from the books and records of the limited liability partnership and found them to be true and correct.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Appointment of Company Secretary is mandatory in -
(a) Every listed company
(b) Every unlisted private company having paid-up share capital of Rs.10 Crore or more
(c) Every public company having paid-up capital of Rs.5 Crore or more
(d) Every public company having turnover of Rs. 5 Crore or more
Select the correct answer from the option given below :-

Q. Appointment of Company Secretary in mandatory in__.
(a) Every listed company
(b) Every unlisted private company having paid-up share capital of Rs. 10 crore or more
(c) Every public company having paid-up capital of Rs. 5 crore or more
(d) Every public company having turnover of Rs. 5 crore or more

Select the correct answer from the options given below-

Q. Which of the following companies are required to do secretarial audit as per Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014?
(I) Every public company having a borrowing of Rs. 100 crore or more
(II) Every public company having a paid-up share capital of Rs. 50 crore or more
(III) Every public company having a turnover of Rs. 200 crore or more
(IV) Every private company having a turnover of Rs. 150 crore or more

Select the correct answer from the options given, below-

Q. Which of the following conditions are required to be fulfilled by private company in order to treat it as Small Company under Section 2(85) of the Companies Act, 2013?
(I) Paid up share capital does not exceed Rs 50 lakhs or such higher amount as may be prescribed which shall not be more than Rs 100 Crores.
(II) Its borrowing as per latest audited balance sheet does not exceed Rs 20 Crores or such higher amount as may be prescribed which shall not be more than Rs 50 Crores.
(III) Turnover as per its last profit & loss account does not exceed Rs 5 Crores or such higher amount as may be prescribed which shall not be more than Rs 100 Crores.
(IV) Paid up share capital does not exceed Rs 25 lakhs or such higher amount as may be prescribed which shall not be more than Rs 25 Crores.
Select the correct the answer from the options given below-

To be listed on OTCEI, the minimum capital requirement for a company is

(a) Rs 5 crores

(b) Rs 3 crores

(c) Rs 6 crores

(d) Rs 1 crore

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Budget

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon