Process your Winding Up of LLP Now in 15 working days
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Get Started for Trademark Registration Process
The Limited Liability Partnership is a basic partnership in which all the partners share limited liabilities as the LLP is set up under certain legal terms and documentation. There is a specific process as to how an individual can register his or her LLP. As there are advantages of registering as an LLP in India, there are also some disadvantages. Many of them are also unsure about the process of Winding up an LLP. Section 63,64 and 65 of the LLP Act,2008 regulates the process of winding up of the LLP. The Limited Liability Partnership winding up can be initiated voluntarily or by a tribunal.
STEP-1: COMMERCIAL ACTIVITY – CEASE
STEP-2: CLOSE BANK ACCOUNT
STEP-3: AFFIDAVITS & DECLARATION PREPARATION
STEP-4: PREPARE DOCUMENTS
STEP-5: FILE ALL PENDING DOCUMENTS
STEP-6: OBTAIN A CHARTERED ACCOUNTANT CERTIFICATE
STEP-7: FILE LLP FORM 24
Statement of Accounts:
Income Tax Return:
Application for closure with the reason for closure.
Affidavit: An affidavit signed by the designated partners
Copy of Authority to Make the Application signed by all the Designated Partners.
Application in Form 24 must be accompanied by an Indemnity Bond