Closure of a Limited Liability Partnership (LLP)

With annual compliance requirements and penalties for non-compliance, its best for entrepreneurs having dormant or defaulting LLPs to have them closed by making necessary filings with the MCA

Estimated Time

15-60 days

Price Range

INR 10,000 - 15,000

Scope of Work

1. Prepare affidavits and declaration(s) 2. Prepare documents for filing 3. File any pending documents 4. Assistance in obtaining Chartered Accountant’s certificate 5. File LLP Form24 with MCA

Documents Required

1. Consent of Parties a. Consent of all partners b. Consent of all creditors 2. Undertaking/indemnity bond 3. Assets and Liabilities formalities a. Statement of Asset and Liabilities b. Report of valuation of assets 4. Acknowledgment of last filed Income Tax Return 5. Other documents including: a. Affidavit(s) b. NOC c. Digital Signature Certificate d. Resolution(s)