Change in LLP Agreement

Make Changes to LLP agreement or partners without any hassle with ExpertPoint’s easy procedures.

Just onboard with us and relax. Our experts will handle end to end process and provide you with timely updates

2700 +

Engagements

9.2 / 10

Service Rating

EMI

Easy EMI Options

    Fill the form

    Easy And Simple Process

    1. Fill Form

    Simply fill the form to get started

     

     

     

    2. Call to Discuss

    Our expert will connect with you & draft modified agreement

     

     

     

    3. Get The Changes Done

    Amend Your LLP Agreement or Change Partners

    Start Doing Business With A Single Click

    Don’t waste time searching and coordinating with multiple vendors to set up or grow your business. Just subscribe to our “All in one” Business package and focus on your dream and big idea.

    All services under one roofYour extended corporate Office

    Registrations

    Artboard 1Colored-icons_0-100x100

    Accounts

    Artboard 1Colored-icons_2-100x100

    Taxation

    Artboard 1Colored-icons_5-100x100

    HR/Payroll

    Artboard 1Colored-icons_8-100x100

    Legal

    Artboard 1Colored-icons_6-100x100

    Marketing

    Artboard 1Colored-icons_7-100x100

    IT and Infosec

    Artboard 1Colored-icons_3-100x100

    Mobile Apps

    Artboard 1Colored-icons_4-100x100

    Investments

    Artboard 1Colored-icons_1-100x100

    Registrations

    Artboard 1Colored-icons_0-100x100

    Accounts

    Artboard 1Colored-icons_2-100x100

    Taxation

    Artboard 1Colored-icons_5-100x100

    HR/Payroll

    Artboard 1Colored-icons_8-100x100

    Legal

    Artboard 1Colored-icons_6-100x100

    Marketing

    Artboard 1Colored-icons_7-100x100

    IT and Infosec

    Artboard 1Colored-icons_3-100x100

    Mobile Apps

    Artboard 1Colored-icons_4-100x100

    Investments

    Artboard 1Colored-icons_1-100x100

    ExpertPoint can help you to amend or change your LLP agreement. Quick and hassle free process

    Learn more about Change in LLP Agreement / Partners

    Overview

    The Limited Liability Partnership (LLP) Agreement is the charter of a Limited Liability Partnership company. It defines the scope and extent of the LLP’s operations as well as the rights, duties, obligations of the partners. It is a simple process wherein a resolution is passed by the partners approving the revision in the LLP agreement. Once the resolution is passed, Form 3 has to be filed with the Registrar within 30 days of the amendment in the agreement.

    If there are changes in partners like retirement or addition of a partner, supplementary deed shall be executed and filed with ROC via Form 3 along with Form 4.

    The following documents are required to change an LLP agreement and subsequent filing of Form 3

    1. Original LLP Agreement
    2. Modified LLP agreement (or) Supplementary Deed
    3. Resolution regarding the changes to be made, passed in a meeting by the Partners of the LLP

    Timelines and next steps

    The step by step process of changing the format of LLP agreement is as follows-

    Partners to Pass resolution

    The partners must meet to pass a resolution for the required changes in the draft LLP agreement. This may be to change capital contribution, for example.

    File Form 3

    Within 30 days of the passing of the resolution, Form-3 needs to be filed with the Registrar.

    The details to be submitted in Form 3 are as follows:

    1. Date of LLP agreement modification
    2. Reason of the modification in the LLP agreement sample– whether it is due to:
    3. Change in a partner(s)
    4. Change in business activities
    5. Change in contribution and profit sharing percentage of any of the partners
    6. Any other change in matters

    File Form 4 in case of change in partners

    If the change in the LLP agreement format is due to the change in a partner(s) or designated partner(s), Form 4 has to be filed along with Form 3. However, if the changes are due to other reasons, filing Form 3 would suffice.

    DPIN will be mandatory if a new designated partner is appointed. Corresponding forms have to filed with ROC and DSC has to be applied.

    Why Clients Choose Us

    Providing end to end business services under single roof

    Read more

    Serving satisfied customers from past 6 years with 3000+ completed engagements

    Read more

    Lowest Service charge for premium quality service

    Read more

    Easily Accessible Experts
    Quick response time within 24hours
    Timely service delivery

    Read more

    Your Growth is our Motto. Customized solutions to match your business nature and needs

    Read more

    Testimonials

    Empowering Entrepreneur Ecosystem with Complete Business Solutions.