Tag Archives: #ClosureOfLLP

How LLP can be dissolved ?

LLP can be dissolved

LLP can be dissolved   The process for dissolving a Limited Liability Partnership (LLP) typically involves the following steps:  1. Partnership Agreement: Review the partnership agreement to understand the provisions related to dissolution. The agreement may outline the process and conditions for dissolution, including partner consent, notice periods, and the distribution of assets and liabilities.… Read More »

Winding Up of LLP: What is the procedure to wind up an LLP?

Winding Up of LLP

Winding Up of LLP Winding up of Limited Liability Partnership involves the process of closing down the business and settling its affairs. Here are the steps involved in winding up an LLP in India: 1.Firstly, Pass a resolution: The designated partners of the LLP must pass a resolution to wind up the business. This resolution… Read More »