How Does Changing You LLP Agreement Work For You?
A notice of the ammendment of LLP agreement should reach the registrar no less than
30 days from the date of ammendment.
Change LLP Agreement
The Limited Liability Partnership (LLP) Agreement is the charter of the LLP, similar to the Memorandum of Association and Articles of Association for a private limited company. It defines the scope and extent of the LLP’s operations as well as the rights, duties, obligations of the partners. Altering the agreement is straightforward. All you need to do is pass a resolution approving the revision in the LLP Agreement. The second step is to file Form 3 with the Registrar within 30 days of the amendment in the agreement.
Procedure for Changing LLP Agreement
3 Working Days
The partners must meet to pass a resolution for the required changes, whatever they may be. This may be to change capital contribution, for example.
4 Working Days
Within 30 days of the passing of the resolution, Form-3 needs to be filed with the Registrar.
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Buiznest has successfully completed 600+ registrations in the past year alone. We have partnered with some of the top experts in business across India to get your registration across to you on time.
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We make your interaction with the government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
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Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.
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