Change in LLP Agreement

Altering the LLP Agreement is an easy and quick process. For altering the LLP Agreement, you need to pass an appropriate board resolution and file form 3 with the Registrar within 30 days.

To avail our services, we charge 499/- as an advance or security payment.

Change in LLP Agreement

Change in LLP Agreement

The Limited Liability Partnership (LLP) Agreement is the charter of the LLP, similar to the Memorandum of Association and Articles of Association for a private limited company. It defines the scope and extent of the LLP’s operations as well as the rights, duties, obligations of the partners. Altering the agreement is straightforward. All you need to do is pass a resolution approving the revision in the LLP Agreement. The second step is to file Form 3 with the Registrar within 30 days of the amendment in the agreement.

Document for Change in LLP Agreement

The following documents are required to change an LLP agreement –

Documents to be enclosed with Form 3

      • Original LLP Agreement
      • Modified LLP agreement
      • Supplementary Deed
      • Resolution regarding the changes to be made, which is passed in a meeting by the LLP Partners
      • Any supplementary forms or documents required as proof

Documents to be enclosed with Form 4

      • Consents of each of the partners
      • An affidavit or other proof of a change in name
      • Evidence of cessation
      • If any of the partners is a company, the copy of the resolution in this regard
      • Copy of authorization/resolution mentioning the name & address of individuals(s) nominated as a representative of the partner/nominee

Procedure for Changing LLP Agreement

We collect & verify all your documents and obtain the DSCs of the directors

We address all your queries and draft the required documents.

We take care of all your filings and deliver all your documents by courier.

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FAQs on Change in LLP Agreement

    • LLP’s business activities undergo a change
    • Addition or Reduction in capital or capital contribution by a partner of the LLP
    • Change in any clause as mentioned in the LLP agreement
    • The ratio of capital provided by partners changes
    • Change within the management of the LLP
    • Changes regarding the condition of adding, appointing, expelling, retirement or resignation of a partner
    • Change regarding the profit sharing between partners
    • Modification of rights of partners in the LLP
    • Original LLP Agreement
    • Supplementary Deed
    • Resolution regarding the changes to be made, which is passed in a meeting by the LLP Partners
    • Any supplementary forms or documents required as proof
Supplementary LLP Agreement will become effective only after it is approved by the MCA. As soon as the government body approves the new LLP agreement, all the changes stated in it become effective as the date of execution changes automatically.
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