Winding up procedure of Limited Liability Partnership

Posted on 05-05-2016        By ADMIN

Windingup procedure of LimitedLiability Partnership 
Declaring the LLP as Defunct
In case any LLP wants to close down it business or where it is not carrying anybusiness operation for the period one year or more, it can make application toRegistrar for declaring the LLP as defunct and removing the name of LLP fromits register. E Form 24 has to be filed with Registrar striking off the name ofLLP under clause (b) sub rule 1 of Rule 37 of LLP Rules 2008. Similarly theRegistrar also has the power to strike off name of LLP.

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