Strike Off Limited Liability Partnership (LLP) in India with Ebizfiling

Introduction

At Ebizfiling, we assist businesses looking to close their inactive Limited Liability Partnerships (LLPs) through the LLP strike off process. Our services cover accounting assistance, applicable annual compliances, preparation of supporting documents and filing LLP Form 24 with the Registrar of Companies (ROC).

Before applying to strike off an LLP, partners must review pending statutory filings, outstanding liabilities, bank accounts and other business registrations.

Completing these requirements helps avoid unnecessary objections or delays during the closure process.

Here is everything you need to know before you Strike Off LLP with Ebizfiling.

Important Information Before Applying for LLP Strike Off

Before proceeding with the LLP strike off application, please review the following conditions, service-related requirements and processing timelines.

Notes:

1. Kindly note that the above-mentioned fee is exclusive of Penalty, if any.
2. Upon payment confirmation, our designated Digital Onboarding Specialist will connect with you to guide you through our digital onboarding procedure. Digital onboarding with eBizFiling is the process by which we obtain your consent to proceed with the necessary tasks.
3. As Stamping & Notary will be required in this service, we will not be able to extend our support for arranging the same as physical presence would be required, the client needs to get it done and share the notarized document with us.
4. Further additional charges shall be added if accounting entries exceed than the one mentioned in the package.
5. The application will be done in 15-20 working days. The concerned Registrar of Companies (ROC) after verifying the documents will strike off the name of company and this procedure normally takes 4-6 months. However, if any objection is received from Registrar of Companies (ROC) this process might take extra time.
6. All designated partner’s DIN must be approved.
7. Please note : If DSC is in inclusion,DSC associate and processing fees are included in our package but government fees will be payable by client at actuals on portal directly. Our DSC associate will guide you with the process wherever needed.
8. Please let us know in revert to the email, if you have taken any other registrations such as GST, MSME, IEC etc in the name of the entity under strike off so that we can guide you through the cancellation or surrender process and customize the quote accordingly.
9. Non filing of Dir-3 EKYC by Directors/Designated Partners of Companies/LLPs will lead to following consequences:

• De-Activation of DIN
• Penalty of Rs. 5,000/- if filed after due date for activation
• Compliances cannot be done till DIN activation which will further attract penalties of non-compliances

10. Following LLP can apply for striking off its name from register of Registrar of Companies:

• LLP is inoperative from the date of incorporation or inactive for a period of at least one year
• LLP does not have any assets / liabilities as on the date of application.
• Closure of current account of the LLP has been done
• LLP Obtain the consent of the parties i.e any other authority, creditors and partners.

11. Please note that it is highly advisable to file all compliances before applying for entity strike-off, and the charges for the same are not included in this package.
12. Please note : If DSC is in inclusion, you may either arrange the courier for DSC collection at your end or opt for our courier service. In case you choose our service, additional courier charges will be applicable and are not included in the package.

What Services Are Included in Ebizfiling’s LLP Strike Off Package?

The package for Strike Off LLP includes the following services:

• Accounting and Bookkeeping: Preparation of accounting records for an LLP with nil transactions, if the accounts have not already been prepared.
• Income Tax Filing: Preparation and filing of the LLP’s applicable Income Tax Return, as covered under the agreed service scope.
• Annual Compliance (Form 8 and Form 11): Assistance with filing LLP Form 8 (Statement of Account and Solvency) and Form 11 (Annual Return).
• Strike Off of LLP: Preparation and filing of LLP Form 24 with the Registrar of Companies for striking off the LLP’s name from the register.
• DIR-3 KYC: Applicable DIR-3 KYC compliance assistance for two designated partners, subject to the prevailing requirements.
• Digital Signature Certificates: Application assistance for two Class III Individual Digital Signature Certificates (DSCs), each with two-year validity.
• GST Cancellation: Assistance with GST registration cancellation, including:
• a) Preparation and submission of the GST Cancellation Application.
• b) Filing of Form GSTR-10 (Final Return), wherever applicable.

Documents Required to Strike Off LLP in India

To initiate the Strike Off LLP process, clients are required to share the following information and documents:

• Photographs of all Partners
• Self attested PAN Card and Aadhar card of all Partners
• Self attested ID Proof of all Partners (Driving License/Passport/Voter ID)
• Copy of consent of all creditors
• LLP Agreement
• Copy of the undertaking/ indemnity bond for striking off name signed by each director (Draft will be provided by us, Stamp paper and notary not included)
• Copy of the Affidavit by each director for striking off name (Draft will be provided by us, Stamp paper and notary not included)
• Statement regarding pending litigations, if any.
• Bank account Closure Certificate
• GST Credentials

What Should Partners Check Before Closing an LLP?

Before submitting the application, partners should review a few practical matters that may affect the closure process.

Outstanding Liabilities: Any pending loans, creditor payments, statutory dues or other obligations must be identified and settled. An LLP should not apply for voluntary strike off while outstanding liabilities remain unresolved.

Pending Annual Filings: The LLP must review whether Form 8, Form 11 and applicable income tax returns have been filed. Overdue returns required under Rule 37 must be completed before Form 24 is submitted.

Bank Account Status: If the LLP maintained a bank account, it should be closed before filing the application. Supporting bank closure evidence may be required.
GST and Other Registrations: GST, IEC and other applicable statutory registrations should be reviewed for cancellation or surrender. Separate statutory procedures may apply.

Pending Litigation: Partners must disclose pending litigation or legal proceedings, if any. The facts should be reviewed before determining whether the LLP can proceed with strike off.

Statement of Account: The LLP must maintain a Statement of Account reflecting nil assets and liabilities, certified by a practising Chartered Accountant within the prescribed period.

How Ebizfiling Helps with LLP Strike Off

Ebizfiling provides professional assistance to clients who want to close an inactive LLP in India.

Our team helps review the LLP’s compliance requirements, collect the necessary documents, prepare applicable forms and support the filing of the strike off application through the MCA portal.

We also assist with the services covered under the agreed package, including accounting, annual filings, DIR-3 KYC, DSC applications and GST cancellation.

The final approval and processing timeline remain subject to verification and acceptance by the concerned Registrar of Companies.

Conclusion

The decision to Strike Off LLP requires proper planning, document preparation and completion of applicable compliance requirements. Before initiating the application, partners should understand the service inclusions, government fees, pending filings and expected processing timelines.

Ebizfiling assists clients with documentation, digital onboarding, applicable compliance filings and the LLP strike off application.

For professional support, contact Ebizfiling at +91 9643203209 or email info@ebizfiling.com.

Learn more: Strike Off LLP – Ebizfiling