Tag: close llp in india

LLP Form 24: How to Quickly Close an LLP

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limited liability partnership

Winding Up a Limited Liability Partnership (LLP) The penalty for not filing any statutory return is Rs. 100 per day, with no upper limit. As a result, winding up dormant LLPs is frequently preferable so that the LLP does not have to file LLP Form 11, LLP Form 8, and an Income Tax Return each … Read More “LLP Form 24: How to Quickly Close an LLP” »

Limited Liability Partnership Dissolution

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limited liability partnership

Dissolution refers to the formal dissolution of a partnership or official body. This is the process of dissolving or being dissolved, which is the process of disintegrating. However, dissolution has multiple meanings in law.  In LLPs, dissolution is the process of liquidation that ends their existence. Assets and property of the concerned entity are redistributed. … Read More “Limited Liability Partnership Dissolution” »