MCA Extends Deadline for Filing Form LLP BEN-2 and Form No. 4D Without Additional Fees

1. Background:

   • MCA had previously prescribed deadlines for filing E-form LLP BEN-2 and E-form LLP Form No. 4D.
   • These forms are crucial for declaring significant beneficial ownership and specific compliance filings by LLPs.

2. Extended Deadline:

   • MCA has extended the deadline for filing both forms without additional fees.
   • LLPs can submit E-form LLP BEN-2 and E-form LLP Form No. 4D until 15.05.2024 without incurring extra costs.

3. Transition to MCA-21 V3:

   • The MCA-21 portal is transitioning from Version 2 to Version 3.
   • Version 3 promises enhanced features and user-friendliness.

4. Reasoning Behind Extension:

   • Aimed at facilitating a smooth transition for LLPs.
   • Intended to prevent compliance challenges and additional costs during the transition.

5. Forms Availability:

   • Both forms will be available on MCA-21 Version 3 from 15.04.2024.
   • This provides a one-month window for familiarization before the extended filing deadline.

6. Implications for LLPs:

   • LLPs benefit from the extended deadline without incurring extra fees.
   • The move promotes compliance and eases the transition process.

7. Conclusion:

   • MCA's decision supports LLPs in their compliance journey.
   • It is expected to enhance compliance and ease the transition to MCA-21 Version 3