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Change in LLP Agreement

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₹ 2,499 (Onwards)

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Change in Limited Liability Partnership Agreement

A limited liability partnership agreement is a contract between the partners of the LLP, which is to establish a proper relationship between them and to protect their investments. The Limited Liability Partnership (LLP) agreement is the charter of LLP, which defines the scope and extent of the rights, duties, obligations of the partners, along with the operation of LLP. It is similar to the Memorandum of Association and Articles of Association for a private limited company. Changing this agreement is simple. You only have to pass a proposal for approval of amendment to the LLP Agreement. The second step is to file Form 3 with the registrar within 30 days of the amendment in the contract.

What Is Included In Our Package?

Procedure For Change in LLP Agreement

 Basic Details Form

Basic Details Form

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Drafting of Documents

Drafting of Documents

2 Working Days
Change LLP Agreement

Change LLP Agreement

4 Working Days
ROC filing

ROC filing

2 Working Days
 Congratulations

Congratulations

Your Work Is Completed

Frequently Asked Questions

1. Is the LLP Agreement mandatory for all LLPs?

No, the LLP agreement is not mandatory for all LLPs. However, certain provisions will automatically apply in the absence of an LLP agreement.

2. Is there a standard format of an LLP Agreement?

There is no standard format of an LLP agreement that fits all types of LLPs. Every LLP agreement is unique, although certain types of clauses of the agreement may remain similar in all LLP agreement.

3.How many times can the LLP Agreement be amended?

There is no limit to the number of times an LLP agreement can be amended.

4. How many partners are required to execute an LLP Agreement?

The legal minimum is 2 partners to execute a LLP agreement. However, if a large number of partners exist, it would be advisable to incorporate the company with 2 partners and add more partners post incorporation.