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Winding Up - LLP

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16000
All inclusive price

Filing for Winding up of LLP with DIN KYC for 2 Designated Partners, 1 Year Income Tax Filing for LLP and 1 Year MCA Annual Return Filing.

20000
All inclusive price

Filing for Winding up of LLP with DIN KYC for 2 Designated Partners, 1 Year Income Tax Filing for LLP, 1 Year MCA Annual Return Filing, 1 Year Overdue GST Return Filing, GST Cancellation and GSTR-10 Filing.

Outline of LLP winding up

LLP winding up can be commenced voluntarily or by a tribunal. In case if a LLP is planning to start wind-up voluntarily then the LLP should pass a resolution in order to wind with the sanction three-fourth quarters of the total number of partners. In case if the LLP has money lenders secured or unsecured, for the winding up of LLP the sanction of the money lenders is necessary.

LLP winding up with current creditors.

When the LLP under winding up has any secured or unsecured creditors, it should get the sanction from the creditors. Creditors should need to provide their point of view on wind up of LLP.
It should be provided within the 30 days of receipt of request for sanction of winding up.

LLP liquidator appointment.

The LLP liquidator's appointment should be done within 30 days of passing resolution voluntary winding up. It is done through a resolution when there are any creditors then liquidators appointment is valid only if it is sanctioned by the majority of the creditors. LLP liquidator is needed to keep the proper books of account.

Winding up statement by LLP liquidator.

After the wind up of LLP, the LLP liquidator should create a statement of report lamenting the mode in which the winding up of LLP has been directed and property of the LLP has been directed and discarded. If the major partners and creditors in value are contented with the winding up statement report created by the liquidator, then the resolution for winding up of accounts and details for the dissolution must be passed by the partners. The liquidator should submit the LLP winding up report along with the resolution to the registrar. After that with the Tribunal file an application.

The dissolution of Limited liability partnership.

The Tribunal will pass an order if the Tribunal is satisfied with action of winding up the order that LLP shall abide dissolved. After that the LLP liquidator is needed to file the copy of the order from the Tribunal with the registrar for winding up of LLP. When the registrar recieve the copy of passed order by the Tribunal for winding up of LLP, will issue a gazette notice.

Procedures for LLP winding up.

A resolution for winding up of LLP should be passed within the 30 days of passing of the resolution and it should be filed with the registrar. During the date of passing a resolution the beginning of voluntary winding up should be done.

when the resolution is filed with the registrar the greater number of partners which is not less than two should make a declaration authorized by an affidavit to show that the LLP has no debt or otherwise it will not be in a place to pay its debt in full within the period which is laminated in the declaration. It should not exceed one year from the date of the beginning.

The listed below document along with the affidavit signed by the major partner should be filed with the register. it should be filed within 15 days of passing resolution. The documents are;

The statement of wealth and liabilities for the time from account closure date winding up of LLP. It must be attested by minimum two partners.
In case if there are any assets in the LLP, the report estimate wealth of LLP created by a valuer.

What is the Price I Need to Pay for Winding Up - LLP?

Standard

16000

all inclusive fees