Strike Off of LLP
With the introduction of the Limited Liability Partnership (Amendment) Rules, 2017, effective from 20th May 2017, the Ministry of Corporate Affairs (MCA) amended the Limited Liability Partnership Rules, 2009.
One significant change is the introduction of LLP Form 24, which allows LLPs to apply for striking off their name from the register. This amendment simplifies the process of closing an LLP by enabling an easy and formal application to the Registrar for striking off the LLP’s name.
Strike Off of LLP
Call experts
9729035064
Voluntary Striking Off of LLP
For a voluntary striking off of a Limited Liability Partnership (LLP), the LLP must submit an application in e-Form 24 to the Registrar of Companies (ROC), with the consent of all partners to remove the LLP’s name from the register.
Key Points Regarding LLP Strike Off
Regulatory Approval
If the LLP is governed by a specific statute, the strike-off application must include approval from the relevant regulatory authority under that statute.Public Notice
The notice issued by the ROC and the LLP’s application will be publicly accessible on the Ministry of Corporate Affairs (MCA) website for one month.Opportunity to Present Case
In cases of mandatory strike-off, the Registrar must issue a notice to the LLP within one month, giving it a chance to explain why it should not be dissolved. If no response is received, the Registrar will remove the LLP’s name and publish the strike-off notice in the Official Gazette.Liability of Partners
Even after dissolution, the liabilities of each designated partner continue and can be enforced as if the LLP were still active.
Documents Required with e-Form 24
Affidavit signed by designated partners (as per the specified legal format)
Authority letter signed by all partners authorizing the application
Acknowledgment copy of the latest Income Tax Return filed (if applicable)
Consent of all partners for strike-off
Financial statements certified by a practicing Chartered Accountant showing nil assets and nil liabilities, prepared within 30 days of filing
A detailed application stating reasons for strike-off and current status of the LLP
Accura Tax Solutions Services – Support in Transitioning a Strike Off of LLP
Purchase a Plan for Expert Assistance
Choose a plan that fits your needs for professional guidance throughout the LLP strike-off process.Add Queries Regarding the Conversion
Submit any questions or concerns about the LLP strike-off. Our experts will provide clear and personalized support.Provide Documents to Accura Tax Solutions Expert
Share all required documents securely with our team for accurate and efficient processing.Complete All Other Required Actions
We assist you with all remaining formalities, filings, and compliance to ensure smooth closure.Get Your Work Done!
Relax as we manage the process end-to-end and deliver timely, hassle-free LLP strike-off services.
Why choose us?
-
Expert guidance through the entire LLP strike-off process
-
Complete handling of documentation and ROC filings
-
Quick and hassle-free application submission
-
Compliance with all legal requirements under the LLP Rules
-
Transparent pricing with no hidden costs
-
Personalized support and prompt responses to queries
-
Proven track record of successful LLP closures
-
Post-strike off assistance to ensure smooth transition
