CLOSURE OF THE LIMILTED LIABILITY PARTNERSHIP LLP SUO MOTO process and PROCEDURE


Posted on 11-05-2016        By ADMIN

PROCEDURE FOR THE CLOSURE OF THE LIMILTED LIABILITY PARTNERSHIP LLP SUO MOTO cs company secretary companies act 2013 notes company law 2013 notes cs company law notes Prepared by - CS Divesh Goyal ( CS Notes Home Team Member ) In case the LLP wants to close down its business or where it is not carrying on any business operationsfor the period of one year or more, , it can make an application to the Registrar of Companies for declaring the company as defunct and removing the name of the LLP from its register of LLP’s. The procedure is given below: (clause (b) of sub rule 1 of Rule 37 of LLP Rules 2008 ) 1. An application is required to be made in e-Form 24 to the Registrar of Companies for Striking off the name of the LLP under clause (b) of sub rule 1 of Rule 37 of LLP Rules 2008 with the consent of all partners. 2. The Registrar shall publish a notice on its website as to the content of the application for a period of one month for the notice of the general public. 3. Application submitted to be supported by Indemnity Bonds to indemnify any person legally claiming after the LLP to be strike off and duly sworn Affidavits declaring all the information provided and statements given to be true, from all partners. 


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