Make Changes to your LLP Agreement Easily & Quickly!
Add or remove clauses from your LLP agreement in just a few clicks!
- Expert assistance
- Easy and Fast process
- Completely online
How To Make Changes In LLP Agreement?
With CADesk India you can change your LLP Agreement easily and quickly. You can go for a change in LLP name, activities of LLP, change in contribution, and other changes like voting rights, decision making, etc.
Talk to our experts
We will make the required changes
Modified LLP registration
Talk to our experts
We will make the required changes
Modified LLP registration
- Changes to the agreement in general
- The LLP's name change
- Changes to the LLP's objectives
- Change of LLPs registered office within the jurisdiction of the ROC
- Shifting the registered office from one jurisdiction to another
- Shifting the office from one state to another state
- Introduction of a new LLP partner
- Resignation or removal of an LLP partner
- Transmission of LLP rights in the event of partner death
- LLP sale to a completely new group of people
- Changes in the LLP's profit and loss sharing ratio.
The functioning of an LLP business should be conducted within the rules and regulations explained and accepted in the LLP agreement. In order to make some alterations one must make changes in the LLP agreement. The actions can be altered by adding new interests or new clauses, or by discontinuing previous ones.
Capital is the most important need of a business, and it must be increased over time as the business grows. From the perspective of the partners, the capital sharing ratio and the profit (loss) ratios are inextricably linked. A complementary deed would be required to affect both or any of them.
Partners' rights and responsibilities can be changed based on their roles and requirements while their status remains intact. While changing such terms, most administrative powers or restrictions on a few activities are covered.
Other important clauses, such as the jurisdiction of the LLP, the terms of resignation, the notice period, the conditions of appointment and removal, the duration of the partnership, and so on, can be changed to meet the needs of the partners and the business. Clause addition, modification, or deletion may also be covered.
To modify an LLP agreement, the following documents are required:
- Documents to accompany Form 3
- Original LLP agreement
- LLP agreement modification
- Additional deed
- Resolution concerning the proposed changes, which is passed at a meeting of the LLP Partners
- Form 4 documents to be enclosed
- Each of the partners' consents
- A copy of the authorisation/resolution that includes the name and address proof
- Evidence for name change
- In case of having a corporation as a partner a copy of the resolution is mandatory.
1. Reach out to Experts
- Access our website and fill out a form
- Get on call with the experts
- Provide basic information and documents
2. Get expert assistance
- Deliver all the required signed documents
- Resolutions and documents will be drafted
- Supplementary LLP agreement drafting will be done
- PAy the stamp duty as per the advice
3. Altered LLP Is Incorporated
It only takes upto 12 to 15 working days* based on the government's registration process!
We will connect you with industry experts, including verified lawyers, who might work on your records until you are fully satisfied. You can always monitor the progress of our platform. Our customers are happy with our service! They have consistently praised us for our focus on clarifying legal requirements while also providing regular updates. Please feel free to contact our experienced group of business advisors if you have any concerns about the process.
FAQs on Make Changes to your LLP Agreement Easily & Quickly!
Within 30 days of changing the registered office, notify the Registrar of Companies(RoC) by filing LLP Form-15 (Notice of change of place of registered address) within all relevant documents. LLP Form-3 (Information regarding the LLP agreement) must also be filed with the ROC, along with the prescribed fee.
A supplementary LLP agreement is a document that specifies each partner's rights, duties, and obligations in the Limited Liability Partnership (LLP) Company.
The nature of business activities, as well as partners' rights, duties, and obligations, are all addressed in the agreement. An LLP agreement can be easily modified. Pass a resolution to revise the LLP agreement. Within 30 days of the resolution's passage, file Form 3 with the Registrar. You can also reach out to CADesk to complete the process in three easy steps!
Within fifteen days of any change in his name or address, each partner must notify the limited liability partnership. If a partner's name or address changes, file a notification with the registrar within thirty days of the change.
To change any of the clauses in the original agreement, a supplementary agreement is executed as an addendum. It will be completed by paying the necessary stamp duty. Within 30 days of the modification or execution of the supplementary deed, any modification must be reported to the RoC.
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