Many businesses that once completed their LLP Registration may eventually find the need to close their LLP due to inactivity, business shifts, or strategic restructuring. In such cases, it's crucial to follow the legal process for LLP Closure in India to avoid penalties, compliance risks, and lingering liabilities.

This blog by Lawfinity covers the full scope of LLP closure, including types, process, forms, timelines, and our expert assistance in ensuring a seamless exit. We’ll also explore how your initial LLP Registration plays a role in how cleanly the LLP can be dissolved later.

VOLUNTARY CLOSURE

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Voluntary closure or strike-off is a process that allows inactive LLPs to officially shut down and remove their names from the Ministry of Corporate Affairs (MCA) register.

Who Can Apply?

LLPs that meet the following conditions are eligible:

● They have not carried on business for at least one year or since incorporation.

● All liabilities and debts are settled.

● Financial statements and tax filings are up to date.

● No legal disputes or creditor objections are pending.

Legal Updates

Recent amendments under the Limited Liability Partnership (Amendment) Rules, 2024 introduced a central processing authority — C-PACE — which helps fast-track the closure process by taking over scrutiny and decision-making from local Registrars.

This centralized approach brings uniformity, faster processing, and fewer delays in LLP Closure in India.

FORMS NEEDED

Proper documentation is crucial for LLP closure. After completing your LLP Registration, maintaining good compliance helps ensure a smooth closure process.

Mandatory Forms for Strike-Off:

● Form 24 – Main application form for striking off an LLP.

● Form 8 – Statement of Accounts and Solvency (up to cessation date).

● Form 11 – Annual Return (filed up to the last year of business).

● Form 3 – Copy of LLP Agreement (or declaration if not filed).

● Affidavits & Indemnity Bonds – From designated partners confirming no liabilities.

● Bank Closure Certificate – Proof that LLP's bank account is closed.

● ITR Acknowledgment – Proof of income tax return filing, if applicable.

● Resolution for Closure – Signed by all partners.

These forms and documents should be certified and submitted with accurate and up-to-date information to avoid rejection or resubmission.

Timeline

The timeline for LLP Closure in India may vary depending on documentation, objections, and department processing time. On average:

● Preparing documents & certifications: 2 to 4 weeks

● Filing with MCA: Within 30 days from resolution or account certification

● Registrar/C-PACE processing & public notice: 30 to 60 days

● Final dissolution order: 2 to 4 months from filing

This timeline assumes a clean LLP history after LLP Registration and no external objections.

Lawfinity’s Assistance

Lawfinity offers comprehensive, affordable, and expert-led LLP closure services — whether it’s a simple strike-off or a more complex winding-up process. Our expertise in both LLP Registration and closure gives us an edge in managing your compliance lifecycle effectively.

We Help You With:

● Pre-closure compliance checks

● Drafting partner resolutions, affidavits, and indemnity bonds

● Coordinating with Chartered Accountants for account certification

● Filing all forms and documents with the MCA/C-PACE

● Handling objections or notices from authorities

● Providing closure confirmation and record maintenance

At Lawfinity, we handle both the LLP Registration and closure journeys with equal care, helping businesses exit with dignity, legal clarity, and minimal stress.