Closing Limited Liability Partnership
Now You Can Easily Close Your Limited Liability Partnership.
₹ 5,999 (Govt. Fees Extra)
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Closing an LLP
An LLP may decide to wind up its business by two modes, either by voluntarily winding up or compulsory winding up. In voluntary winding up partners may decide between themselves to wind up the operations of the business. then the LLP must pass a resolution to wind up the LLP with approval of at least three-fourths of the total number of Partners. If the LLP has lenders, secured or unsecured, then the approval of the lenders would also be required for winding up of the LLP. To close down a limited liability partnership (LLP), the resolution to do so must be filed with the Registrar within 30 days of its passing. ‘On the date of passing of resolution of winding up of LLP, the voluntary winding up shall be deemed to commence.
What Is Included In Our Package?
Procedure For Limited Liability Partnership Closure
Documents Required for Closure of Limited Liability Partnership
- Application for Striking off of the LLP.
- Partners Meeting Resolution for closure.
- Consent of Partners
- Partners’ Affidavit
- Indemnity Bond
- Statement of Assets and Liabilities.
Minimum Requirements For Closing Private Limited Companies?
Advantages of Limited Liability Partnership Closure
- It helps you to save every year compliance cost.
- Saves you from non compliance penalties.
- No More Headache of record keeping.
- No more Partners in Default.
- Closing a LLP will prevent you from unnecessary IT demands.
Frequently Asked Questions
When existence of the Partnership as a legal entity comes to an end it is known as the Closure of LLP.
Application for Striking off of the LLP, Partners Meeting Resolution for closure, Consent of Partners, Partners’ Affidavit, Indemnity Bond, Statement of Assets and Liabilities.
At least a year should have passed from the date of incorporation before the company files for closing to the registrar of companies.
The Form has to filled be filed with ROC office within 30 days from the date of Signing of the Statement of Assets and Liabilities.