Closure of LLPs involves the process of winding up or dissolving the LLP. LLP closure can be voluntary or involuntary, and it is governed by the Limited Liability Partnership Act, 2008. Closing an LLP is a legal process, and...

Compounding of Offences Under the Limited Liability Partnership Act, 2008, compounding of offences refers to the process of voluntarily admitting to a violation of the provisions of the Act and paying a prescribed fee to avoid prosecution or legal...

Filing of Financial Statements Filing of financial statements is a mandatory requirement for all companies, including Limited Liability Partnerships (LLPs), registered in India. It is governed by the Companies Act, 2013, for companies, and the Limited Liability Partnership Act,...

Drafting of LLP Agreements is a crucial step in the process of forming a Limited Liability Partnership (LLP) in India. The LLP Agreement outlines the rights, duties, and obligations of the partners, the LLP’s internal governance, profit-sharing arrangements, and...

Filing of Annual Returns is a mandatory compliance requirement for all companies and Limited Liability Partnerships (LLPs) registered in India. It is governed by the Companies Act, 2013, for companies, and the Limited Liability Partnership Act, 2008, for LLPs....

Registration of LLP in India involves the incorporation of a legal business entity that combines the features of a partnership and a private limited company. LLPs provide the partners with limited liability, which means their personal assets are not...