Rangoli Ranjan Portfolio LLP was incorporated on November 21, 2023. What will be the last date of filing for its First Annual Return, in Form no. 11, with the Registrar ?

Rangoli Ranjan Portfolio LLP was incorporated on November 21, 2023. As per section 35 of the Limited Liability Partnership Act, 2008 read with rule 25 of the Limited Liability Partnership Rules, 2009, the last date of its First Annual Return duly authenticated in Form no. 11 to the Registrar will be for the financial year starting from November 21, 2023 to March 2025 will be as follows: May 30, 2025. Legal Provisions and analysis of the situation: Section 35 of Limited Lability Partnership (LLP) Act states that every LLP is required to file an Annual Return duly authenticated with the Registrar in 60 days of closure of financial year in Form 11. Further, proviso to section 2(1) of the LLP Act, states "Provided that in the case of a limited liability partnership incorporated after the 30th day of September of a year, the financial year may end on the 31st day of March of the year next following that year. Since LLP incorporated after September during the financial year 2023-24, hence its first financial year will be spread from November 21, 2023 to 31 March 2025.