How to Close Down an LLP in India
Winding down an inactive LLP through the Limited Liability Partnership Act is simpler than closing a company — but it still needs the paperwork done right the first time. We handle the whole filing.
|800+ businesses served since 2020
The ‘striking off’ route for an inactive LLP
Under the Limited Liability Partnership Act, 2008, the most straightforward way to dissolve an LLP that’s stopped operating is by filing Form 24 with the Registrar of Companies — a simpler, less expensive process than formal winding up. It’s built for LLPs that have no assets or liabilities left and simply need to be taken off the register.
Because the process depends on the LLP having nothing outstanding to settle, most of the actual work is in the clean-up before filing — closing accounts, catching up on any overdue returns, and getting the paperwork in order — rather than the filing itself.
- No business activity for a meaningful period
- No assets or liabilities remaining
- Annual returns and statements of accounts filed and current
- No ongoing litigation involving the LLP
- Bank account closed, with a closure certificate
LLPs with no ongoing operations
Not operating and not planning to
An LLP that’s stopped doing business, with no assets or liabilities left, is the clearest candidate for this route.
Consent required from everyone
Every partner needs to agree to the closure — it isn’t something one partner can push through alone.
Filings brought current first
LLPs with overdue annual filings need those cleared before the striking-off application can go in.
From clean-up to closure
Eligibility check
We confirm the LLP qualifies before you commit to the process.
Overdue filings cleared
Annual returns and statements of accounts brought current where they’ve lapsed.
Statement of accounts
A nil-asset, nil-liability statement, certified by a Chartered Accountant, as Form 24 requires.
Affidavits and indemnity bonds
Drafted and executed for every partner, along with their written consent to close.
Form 24 filing
Submitted to the ROC with the complete document set attached.
Gazette notice tracking
We monitor the public notice period and confirm the LLP is struck off once it clears.
From partners’ meeting to strike-off
Partners agree to close
A resolution passed, with consent from every partner.
Accounts and filings cleared
Bank account closed, dues settled, any overdue returns filed.
We file Form 24
Application submitted to the ROC with the full document set.
LLP struck off
The ROC publishes its notice and, absent objections, closes the LLP.
Documents you’ll need
A quick checklist so we can move fast. Don’t have one handy? We’ll tell you exactly what works.
Questions companies ask first.
Can any LLP apply to be struck off?
Only if it has no assets or liabilities left, no ongoing litigation, and its annual filings are current. If any filings have lapsed, those need to be cleared first — we assess this before starting.
How is closing an LLP different from closing a private limited company?
The underlying idea is similar — a simpler striking-off route for entities with nothing outstanding to settle — but LLPs file Form 24 under the LLP Act, while companies file Form STK-2 under the Companies Act. The document requirements differ slightly between the two.
Do all partners need to agree to close the LLP?
Yes, written consent from every partner is required as part of the Form 24 application. Disagreement among partners needs to be resolved before the closure can proceed.
Tell us what you need.
A short call to understand where you stand and how we would run this for you. No obligation.
Prefer to browse first? See all our services or contact us directly.
Explore more of what we do.