Tag Archives: #LLPWindingUp

Winding Up of LLP

Introduction Winding Up of LLP : Winding up a Limited Liability Partnership (LLP) is a formal process of dissolving an LLP’s existence legally. In India, LLPs are registered under the Limited Liability Partnership Act, 2008, and their closure must follow the provisions laid down in the law. An LLP can be voluntarily closed by partners… Read More »

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