Winding Up of LLP
Winding up of a Limited Liability Partnership (LLP) involves the process of terminating the partnership’s operations, liquidating its assets, settling its debts, and distributing any remaining assets to partners. The process can be voluntary, initiated by the partners, or compulsory, ordered by the tribunal. Proper filing with the Registrar of Companies (RoC) and appointing a liquidator is required. Compliance with the LLP Act, 2008, is essential throughout the winding-up process.
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Our Process for Winding Up of LLP Registration
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Complete the Initial Form
Begin the process by filling out a simple form to provide the basic details required to get started.
Expert Consultation
Our specialists will contact you to discuss and determine the specific category of the license suited to your needs.
Documentation Preparation
Our team will prepare all necessary documents, including KYC, MOA, AOA, warehouse blueprints, and other essential paperwork.
MCA Compliance and Submission
Once the documentation is finalized, our team will submit the required filings to the appropriate government portals, ensuring full compliance.
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FAQ'S
It is the process of closing the LLP by liquidating assets and settling liabilities.
Winding up can be initiated by the LLP's partners or ordered by the tribunal.
The assets are liquidated, debts settled, and remaining assets distributed to partners.
A liquidator manages the LLP’s assets and liabilities during the winding-up process.
The required documents include the winding-up resolution, consent of partners, and forms for submission to the RoC.
