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Overview

LLP Wind-up service provides end-to-end assistance in legally closing your Limited Liability Partnership through voluntary winding up. Our service ensures compliance with the LLP Act while managing all aspects of the closure process.

We help you navigate through the complex process of winding up your LLP, ensuring all legal requirements are met and obligations are properly settled, while minimizing risks and complications.

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Basic

12999
Initial Consultation
Partner Resolution Draft
Basic Documentation
3 more features available
Most Popular

Standard

21999
Everything in Basic package
Detailed Documentation
Creditor Management
6 more features available

Premium

34999
Everything in Standard package
Priority Processing
Comprehensive Legal Review
7 more features available

Winding Up Process

The LLP winding up process involves several key steps:

  1. Partners' Resolution for Wind-up
  2. Statement of Affairs Preparation
  3. Creditor Claims Management
  4. Asset Realization
  5. Liability Settlement
  6. Final Accounts Preparation
  7. ROC Filings
  8. Dissolution Order

Our team guides you through each step, ensuring compliance and proper documentation throughout the process.

Requirements

Essential documents and information needed:

  • LLP Agreement
  • Financial Statements
  • Partners' Resolution
  • Statement of Affairs
  • Asset and Liability Statement
  • Tax Clearance Certificates
  • Creditor and Debtor Details
  • Partner Contribution Details

Timeline and Procedures

The wind-up process timeline typically involves:

  • Documentation Preparation: 2-3 weeks
  • Creditor Notice Period: 30-60 days
  • Asset Distribution: 1-2 months
  • Final Approval: 2-4 months

The actual timeline may vary based on the complexity of the LLP's business operations and outstanding obligations.

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