In case the LLP wants to close its business operations, or it is not carrying on any business operations for one year or more, it can apply to the Registrar of Companies for declaring the LLP as defunct, and remove the name of the LLP from its register of LLPs.
eForm 24 is required to be filled for striking off the name of LLP. Similarly, the Registrar also has the power to strike off any defunct LLP after satisfying himself of the need to strike off and has reasonable cause.
However, in case of mandatory striking off, the registrar has to send a notice to the LLP of his intention and request to send their representation within 1 month from the date of the notice. The Registrar shall publish such notice or content of the application made by the LLP on its website for 1 month for the information of the general public.
In case there is no reply within the mentioned duration, the registrar may strike off the name of LLP. Application for Striking off can be filed only by those LLPs that have no creditors and no bank account AS ON date of closure of LLP with the registrar.
Documents required for Close Your LLP:
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