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Magistrate has ample jurisdiction to reopen proceedings for taking possession of secured assets and subsequent filing of report of Advocate Commissioner would not affect its legality

Magistrate has ample jurisdiction to reopen proceedings for taking possession of secured assets and subsequent filing of report of Advocate Commissioner would not affect its legality

Act of Magistrate in reopening proceedings for taking possession of secured assets and taking a report of Advocate Commissioner on record that was not placed before him earlier, is purely administrative and not judicial adjudication of inter se rights in respect of a subject matter of secured assets. Submission of
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Stamp duty or registration fees cannot be levied for the conversion of 'Partnership Firm' into 'Limited Liability Partnership'

Stamp duty or registration fees cannot be levied for the conversion of 'Partnership Firm' into 'Limited Liability Partnership'

Upon conversion of a registered partnership firm to a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, all movable and immovable properties of erstwhile registered partnership firm, automatically vest in the converted Limited Liability Partnership. The transfer of assets of the firm to the Limited Liability
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