When a Limited Liability Partnership (LLP) has stopped its business operations or was never commenced, it is important to formally strike off its name from the Register of LLPs. Failure to do so can result in continued statutory compliance obligations and accumulating penalties on a per-day basis.

Situations for LLP Strike Off

• No business activity since incorporation

• Cessation of operations

• Mutual decision by partners to close the LLP

• Dormant or inactive LLP

Legal Procedure Includes

• Obtaining consent from all partners

• Clearing any outstanding dues and liabilities

• Preparation of a Statement of Accounts certified by a Chartered Accountant confirming nil assets and liabilities

• Drafting of affidavits and indemnity bonds by all designated partners

• Filing of prescribed forms with the Registrar

• Publication of public notice, wherever required

Our Services Include

• Eligibility assessment for strike off

• Finalization of accounts

• Drafting of all required documents

• Filing of statutory forms

• Coordination with authorities

• End-to-end compliance support

Timely strike off is the most effective way to legally stop ongoing compliance burdens and financial liabilities. We ensure a smooth, compliant, and cost-effective closure of your LLP.