Change in LLP agreement We, at BSA & Company, provide Change in LLP agreement Services along with numerous other services such as accounting services, audit services, company registration services, GST filing, returns and refund services, Income Tax returns preparation and filing services to our clients in an efficient and hassle-free manner. We also believe in providing our clients with the complete knowledge about the service that they are looking to avail. Change in LLP agreement Change in LLP agreement Services provided for Change in LLP agreementatBSA & Company: Evaluation of changes, Collection of documents, Drafting of supporting documents, Drafting of resolution, Drafting of supplementary LLP agreement, Stamp duty services, Submitting supplementary LLP agreement, Replying to queries generated, Making appropriate changes, Completion of changes. Common changes in an LLP agreement: LLP name changes, Changes in objectives of LLP, Change in Registered office address (within the jurisdiction of ROC), Change in Registered office from one jurisdiction to another, Change in address of Registered office from one state to another, Transfer of partner rights in case of death of partner, Sale of LLP, Change in profit and loss sharing ratio, Resignation or removal of partner, Addition of partner, General changes in LLP agreement.
Documents required for changes in LLP agreement: Original LLP agreement, Details of modifications to be made in LLP agreement, Additional Deed, Resolution passed at meeting of LLP partners, Consent of Partners (individual), Copy of authorization or resolution with name and address proof, Supporting documents for name change, Documents required for:Form 3,Form 4. Note: Copy of resolution is mandatory in case where a corporation is an LLP partner. Process of changes inLLPagreement: Passing of resolution in meeting ofLLP partners, Form 3 is to be filled withRegistrar of Companies (ROC) within 30 days of passing the resolution, and the following details must be mentioned in form 3:Date of modification in agreement,Reason for change in agreement,Rights and duties of partnersManagement of LLP,Details of indemnity clause,Resolution of disputes,Duration of LLP,Details regarding voluntary winding up (if applicable),Details regarding addition, expulsion, removal, retirement, or resignation of partner,Details regarding any other clauses related to agreement,Details of changes in contributions and profit-sharing ratio of partners,Details of change in business activities,Industrial activities as perNIC-2004. Date of modification in agreement, Reason for change in agreement, Rights and duties of partners Management of LLP, Details of indemnity clause, Resolution of disputes, Duration of LLP, Details regarding voluntary winding up (if applicable), Details regarding addition, expulsion, removal, retirement, or resignation of partner, Details regarding any other clauses related to agreement, Details of changes in contributions and profit-sharing ratio of partners, Details of change in business activities, Industrial activities as perNIC-2004.
Form 4 is to be filled in case of change in partner or designated partner, Filing of forms, Filing of supporting documents, Payment of stamp duty, Approval byROC, Implementation of changes.