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Want to close down your LLP? Get it closed with our Experts at ComplyKart.

Package includes:

  1. Preparation of Affidavits
  2. Preparation of Statements of Accounts
  3. Filing Form-24 with MCA

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Overview

Limited Liability Partnership is a type of Partnership which has limited liability on each of the Partners and is a type of corporate entity registered with Ministry of Corporate Affairs. Generally, LLP is based on an agreement called LLP deed which defines all the powers and responsibilities of Partners and is filed to Registrar of Companies. The LLPs in India is regulated by Limited Liability Partnership Act 2008.

Closing a Limited Liability Partnership takes few months, depending on the readiness of the partners to cooperate and complete all the necessary procedures in an efficient way. Usually, the procedure does not last longer than two months. The partners or the Authorized Representative must file the closing Resolution to the Registrar of Companies within maximum one month. This is followed by all partners, or at least the majority stating that there are no debts or that the LLP can pay all debts before the period of one year from the moment of closure application date expires.

Striking off a LLP is beneficial when there is no scope of business in the LLP and is not able to complete the annual filing which cause to have an additional fees of Rs. 100 every day. Normally it takes few months only to complete the closure of a LLP.

ComplyKart is the most trusted company with a proven track record and customer satisfaction for all financials & compliances. We have the expert professionals and attorneys having years of excellence which makes their work more accurate. All of our services are rendered by a selective team of professionals who are exclusively having expertise in their respective field.

Procedure to Closing a LLP

  • 1

    Convene Meeting of Partners

    The First step is to convene a meeting of partners and pass a Resolution with 3/4th Majority.

  • 2

    Filing Form 24 with the ROC

    The first step includes filing the closure Form to the Registrar of Companies followed by information on the Indemnity Bonds, as well as statement declaring that the provided information is correct.

  • 3

    Notice by ROC

    ROC after scrutiny of Firm filled by our Experts, publishes a notice on its website for a month and invite public to raise objection against the same.

  • 4

    Removal of Name

    After completion of 30 days of Notice, ROC removes name of LLP from the Register and issues a formal certificate for closure of the company.

Documents required for Annual Compliance

  • An Audited Balance Sheet and Profit & Loss Accounts
  • Directors Report of the producing Company
  • List of Shareholders as on year end
  • Form AOC-4 & MGT-7

    • How ComplyKart helps in the entire process

    Consulting & Strategy

    Our experts will give you the best consulting and prepare the strategy for closing of your LLP.

    Client’s growth

    Our services are aimed at achieving growth for clients. We can provide necessary guidance for understanding the closure process

    Competence is our strength

    We make every effort to stay updated with the rules and regulations by MCA. This enables us to deal with client’s needs effectively.

    Always there for you

    The assurance of a dedicated workforce including support staff and managers can be a promising factor in the closure process

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