LLP Name Change Call Us Today +91 8000 57972 If you want to change the name of a Limited Liability Partnership, you need to adhere to certain regulations. BSA & Company can help you with the entire process and LLP name change services. LLP Name Availability: Prior to beginning the process of changing the name, choose a name and ensure that it is available. If the name is unoccupied, then an application to Reserve the Unique Name should be filed on the MCA portal, which will protect the name for 3 months.
Following sections of LLP Act 2008, deals with the change of name: Directions received from the C.. (Central Government) (Section 17 of LLP Act, 2008) The Central Government may require an LLP to change its name if it is similar or identical to another LLP, business, or other name that is likely to be mistaken with it according to Section 17 of the Limited Liability Partnership Act. In this situation, the Limited Liability Partnership must follow the directive within 3 months of receiving the notification, or for a period of time that the Central Government grants. A penalty of at least Rs.
10,000, but not more than Rs. 5 Lacs, will be imposed on any Limited Liability Partnership that fails to follow a given instruction. Additionally, any partner of the Limited Liability Partnership (LLP) who is found to be in violation of the rules may be charged a fine ranging from 10,000 rupees to 100,000 rupees. Consequences of changing the name of a Limited Liability Partnership (LLP) The paperwork for changing one’ name must be submitted to the registrar within 30 days of the name change.
Changing the name of the Limited Liability Partnership will not affect any of its legal duties or obligations. Any legal cases already started or to be started by or against the LLP under its previous name will now be done in its new name. Changing the name does not affect the entity and constitution of the LLP and therefore the alteration of the name does not create a new firm. A Limited Liability Partnership that has obtained a decree under its previous name can implement the decree under its new name after obtaining a certificate for the changed name.
The Registrar of Companies will issue a new certificate of Incorporation once the change of the name of a Limited Liability Partnership has been submitted and accepted. The name of the LLP must be changed on all documents, including the Pan card, LLP agreement,& Tan Number, and GST Registration, once the name has been changed. Necessary Documents for changing the name of the LLP. A resolution from the Board declaring that they desire to change the name.
Attested copies of consent letters from the other partners. Certificate of Trademark Registration for the name if it has been registered. Granting permission for the partner to submit Form 1. (NOC) is necessary if the name is already registered with the Trademark Office.
Certified Copy of LLP Agreement How to change LLP Name?