Closure of LLP

Closure of LLP
Strike off a LLP starting from ₹ 18,999/-
For inoperative LLP
Fast Track Exit
Simple & Secure Online Process
Dedicated Professional
Expert CS Advice
Get the strike off in 1 months
Get Started By paying Rs. 18,999/-
+91-9643669475



    Introduction

    A Limited Liability Partnership shall mandatorily file certain returns irrespective of the fact of the business or not. As per the Limited Liability Partnership Act, 2008 there are certain penalties and prosecution to be faced by the Designated Partner for Non- filing of due returns. A Limited Liability Partnership continues to exist until its formal closure and the Cessation of its operation cannot be considered as a reason for non-filing of returns. As the Limited Liability Partnership is a separate legal entity registered under law it is to be mandatorily closed in accordance with the LLP Act.

    A Limited Liability Partnership which has never started its business or is also not carrying any business for the immediate past one year and pursues no assets and liabilities shall be considered as Defunct Limited Liability Partnership. This type of company can make an application for striking the name of the Company.

    Sprinthub Solutions has a team of experts providing you with the best assistance, timely delivery and guaranteeing the highest customer satisfaction with respect to closure of Limited Liability Partnership . You may get in touch with our team on 096436-69475 or email info@sprinthub.in

    Eligibility for Closure of LLP

    The LLP should be inoperative from the date of incorporation OR should be inactive for a period of at least one year'
    The LLP as on date of application should not have any assets / liabilities.

    Modes of Limited Liability Partnership closure

    Mandatory Strike off of LLP by Registrar

    If the Limited Liability Partnership is not carrying any operations from the past 2 years or more then it has power to send notice to LLP regarding striking off of LLP and a time period of one month will be granted to the partners for filing their representations, if any.

    Voluntary Strike off of LLP by Registrar

    The case of voluntary striking off arises when the LLP is not functioning from the past one year or more and desires to close its business then the LLP can apply to the registrar for declaring the LLP as defunct LLP and get its name removed from the registers of LLP.

    Documents required for closure of LLP

    Appointment of Designated Partner

    Feature Box Image
    PAN of the respective Limited Liability Partnership
    Read More
    01
    Feature Box Image
    Latest acknowledgement of Income Tax Returns (if any)
    Read More
    03
    Feature Box Image
    Latest Statement of Accounts of Limited Liability Partnership
    Read More
    05
    Feature Box Image
    NOC from Creditors
    Read More
    07
    Feature Box Image
    Limited Liability Partnership Agreement executed between the partners
    02
    Read More
    Feature Box Image
    Bank Account Closure Certificate
    04
    Read More
    Feature Box Image
    PAN Card and address proof of Partners
    06
    Read More

    Process of Closure of Limited Liability Partnership

    01
    Complete Questionnaire
    You are requested to first fill the simple questionnaire provided by our expert team which will enable us to know the case of closure of Limited Liability Partnership.
    02
    Document Processing
    At the second step you will be required to produce the documents in accordance with the questionnaire filled based upon which case will be dealt so that we can arrange them as per the requirement and for further processing.
    03
    Application for closure
    After arranging the documents we will begin with the drafting of documents along with the other affidavits, indemnity bond in order to get the same executed and convening of the meetings of the partner for obtaining their consent. Consent of creditors is also required for closing of a company.
    04
    Preparation and filing of the same with MCA
    Preparation of the application and filing of the same along with the required documents on MCA with ROC for closure of Limited Liability Partnership in Form 24.
    05
    Confirmation by the Registrar
    If the Registrar thinks fit after verification of documents presented by the Limited Liability Partnership the Registrar will strike of the Limited Liability Partnership and the same will be intimated through mail.

    More Insights on Closure of Company

    All the pending compliances related to filings of LLP shall be complete. The LLP should file all the overdue returns in Form-8 and Form 11, if any. Also check that LLP Agreement has been filed in LLP-3 with ROC
    Ensure that all the statutory dues due to any statutory authority are cleared.
    All the liabilities must be paid off and if any liabilities remain due then a NOC from the creditors is required.

    The bank account of the LLP shall be closed and a letter of closure shall be taken from the bank evidencing the closure of the bank account.

    Start Business
    IP Registration
    Govt. Registration
    GST/Income Tax