LLP Closure: Apply Online Now

India's No.1 LLP Closure Portal trusted Apply for LLP Closure

  • Legal Drafting.
  • Preparation of Closure Application
  • Form 24 Filling
  • Get LLP Closure Status

Closure of a Limited Liability Partnership

Closure of a Limited Liability Partnership is possible by two route one is order of Tribunal and second is Voluntarily LLP Winding up. As LLP formation and winding up come under ministry of corporate affairs. There can be number of reasons for LLP closure that can be no business, there is no activity in business , business loss , dispute among partners etc. LLP Closure procedure is time consuming task. Where it need approvals from at least three fourth of partners. Where LLP also having secured or unsecured lenders then documented approval from lender also required for LLP Closure. LLP need to apply online to MCA for LLP Strike off. Where LLP is non operative for more than a year , may apply for simple strike of LLP.

The Limited Liability Partnership closure procedure in India is given by MCA .Now Online LLP Strike off can be completed within 1 month time. Vals & Co. employs qualified company secretaries and chartered accountants, who ensure highest customer satisfaction and timely delivery of service. Our procedure of LLP Closure is complete online well managed with communications.

LLP Closure Form 24

Procedure for winding up of LLP is done through Form No. 24. LLP which not started business or have ceased it business activity can file this form 24. If LLP is operational then LLP need to close business activities , apply for closure of bank account. LLP Closure Form 24 can be filed for LLP which have no lender/creditors. Firm need to submit consent letter from partners. Along with this latest ITR filed copy also need to be enclosed. Statement of account need to be certified by Chartered Accountant. Before applying for LLP Closure firm need to submit annual return if any overdue. Once Form 24 is uploaded if register found the documents are acceptable, then it shall published on the MCA website announcing the striking off of the LLP.

Important Point in LLP Closure

  • Need to wait for 1 Year for LLP Strike off
  • Form 8 and Form 11 need to be Up to date
  • Need Approval From Three Fourth Of Partners
  • Need Approval From Lenders Of LLP
  • Apply For Bank Account Closure Of LLP
  • Digital Signature Of Designated Partner Required
  • DIN Need To Be Active For Partners
  • Process Take Appx 1 Month Time

Reasons for dissolution/Wind up of LLP in India

Avoid Compliances

Mandatory Compliances of LLP Annual filing of Form 8 , Form 11 and Income Tax need to done if LLP is active. For dormant LLP its better to strike off LLP.

Avoid Late Fees

All LLP who not doing business still not to do annual filing. In case of non filing late filing fees applicable. For dormant LLP its better to strike off LLP.

Easy Process

Procedure for winding up of LLP is simple. Partners need to sign few documents and submit online to MCA. No physical presence required for Closure.

List of documents for LLP Closure

  • 1. Board Resolution For Closure Of LLP
  • 2. Copy Of Authority To Make The Application Duly Signed By All Partners
  • 3. Statement Of Accounts Disclosing Nil Assets And Nil Liabilities
  • 4. NOC From Lender / Creditors
  • 5. Income Tax ITR
  • 6. Affidavit for LLP Closure

What We Offer

Draft of Legal Documents

Prepration of Application

Filling Form 24

Get LLP Strike Off

Procedure for LLP Closure

1

Send us Document On Mail

After discussion and reviewing your current LLP status our expert will send you detail check list and LLP closure documents format. You need to send us scanned copies over email.

2

We prepare Application

LLP Strike of procedure is time consuming and required legal declarations, consent letter etc. Our expert will send you documents for signing.

3

Get Winding Up Completed

After getting legal documents from you. We will make LLP Closure application in Form 24. We make follow up with MCA and get your LLP Winding Up Completed

FAQ of LLP Annual Compliances Filing

No. In Following cases LLP can apply for closure after one year 1. LLP Not started any business since registration OR 2. LLP Ceased to operate business In both cases LLP need to wait for one year to apply for strike off.

Do I need to Close LLP Bank Account before applying for LLP Strike off ?

Yes. LLP Need to make application to Income Tax officer surrender of PAN. And for surrender of TAN application need to make to NSDL.

Yes. LLP Amendment Rules, 2017 make it clear that LLP need to file form 8 and form 11 before applying for LLP Closure. For example LLP is register on 01-05-2016 and now LLP want to apply for closure. In this case first LLP need to update from 8 and form 11.

No. LLP Amendment Rules, 2017 make it clear that LLP need to file form 8 and form 11 before applying for LLP Closure. For example LLP is register on 01-05-2016 and now LLP want to apply for closure. In this case first LLP need to update from 8 and form 11.

LLP's Designated Partners have to sign LLP Closure application. Firm also need to take consent from Partners.

No. MCA will not provide any physical certificate. Status of LLP closure can be checked on MCA Site.

More Questions? Seek Help of an Expert

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