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Articles Of Organization Professional LLC Template for India

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Key Requirements PROMPT example:

Articles Of Organization Professional LLC

"I need Articles of Organization Professional LLC for a multi-specialty medical practice in Mumbai, starting operations in March 2025, with five founding doctors as members and specific provisions for telemedicine services and cross-state practice."

Document background
Articles of Organization Professional LLC is a crucial document required when licensed professionals in India wish to establish a formal business entity that combines the benefits of limited liability with professional practice requirements. This document is essential for compliance with the Limited Liability Partnership Act, 2008, and relevant professional regulatory bodies in India. It contains detailed information about the organization's structure, professional members' qualifications, service offerings, management framework, and operational procedures. The document is particularly important as it establishes the foundation for professional service delivery while protecting members' interests through limited liability provisions. It must be filed with the appropriate Indian authorities and professional regulatory bodies to obtain necessary approvals and registrations.
Suggested Sections

1. Name and Formation: States the name of the Professional LLC and declares its formation under applicable laws

2. Registered Office: Specifies the official registered address of the Professional LLC

3. Purpose and Professional Services: Defines the specific professional services the LLC will provide and its primary business objectives

4. Members: Lists the initial members/partners and their professional qualifications

5. Capital Contributions: Details the initial capital contributions of each member

6. Management Structure: Outlines the management structure and decision-making processes

7. Professional Standards: Establishes professional practice standards and compliance requirements

8. Voting Rights: Specifies voting rights and procedures for different classes of members

9. Transfer of Membership Interest: Rules governing the transfer of ownership interests

10. Dissolution and Winding Up: Procedures for dissolution and distribution of assets

11. Books and Records: Requirements for maintaining financial and professional records

Optional Sections

1. Foreign Investment: Required if the LLC has foreign members or international operations

2. Professional Insurance: Details professional liability insurance requirements if applicable to the specific profession

3. Intellectual Property Rights: Necessary for professional services involving creation or use of intellectual property

4. Branch Offices: Include if the LLC plans to operate multiple offices

5. Arbitration and Dispute Resolution: Optional section for specifying alternative dispute resolution procedures

6. Non-Compete Provisions: Include if members are restricted from competing activities

Suggested Schedules

1. Schedule A - Member Details: Detailed information about members including professional qualifications and license numbers

2. Schedule B - Capital Contributions: Detailed breakdown of initial and subsequent capital contributions

3. Schedule C - Professional Services: Comprehensive list of professional services offered

4. Schedule D - Management Structure: Detailed organizational chart and management responsibilities

5. Appendix 1 - Professional Compliance Guidelines: Specific professional standards and compliance requirements

6. Appendix 2 - Code of Ethics: Professional ethics guidelines specific to the LLC's field of practice

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses

























Relevant Industries

Legal Services

Medical Services

Accounting and Financial Services

Architectural Services

Engineering Services

Management Consulting

Information Technology Services

Healthcare Services

Professional Education Services

Research and Development Services

Relevant Teams

Legal

Compliance

Professional Services

Operations

Administration

Risk Management

Corporate Governance

Business Development

Regulatory Affairs

Relevant Roles

Managing Partner

Professional Partner

Company Secretary

Legal Counsel

Compliance Officer

Professional Services Director

Managing Director

Chief Executive Officer

Chief Operating Officer

Professional Practice Head

Regulatory Affairs Manager

Business Development Director

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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