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Conversion answers

5 questions

Which MCA form is used for partnership-firm conversion to LLP?

The FiLLiP instruction kit specifies linked Form 17 for conversion of a firm. Check the statutory conversion conditions and supporting documents before starting the application.

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Which MCA form is used for company conversion to LLP?

The FiLLiP instruction kit specifies linked Form 18 for conversion of a private company or unlisted public company. Eligibility and pending-work checks must be completed first.

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Can a Section 8 company use the normal company-to-LLP conversion workflow?

The FiLLiP instruction kit excludes a Section 8 company from that conversion workflow. Do not submit it as an ordinary private-company conversion. Obtain advice on the permitted alternatives.

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What should be checked before converting a company to LLP?

Check statutory eligibility, shareholders, security interests and charges, pending filings and proceedings, liabilities and tax consequences. The current FiLLiP kit lists MCA processing checks for conversion.

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Does conversion automatically make the transaction tax-free?

No. Tax relief has its own conditions. Have the tax position reviewed separately before choosing conversion, especially where assets, reserves or ownership arrangements are involved.

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