Winding Up of LLP close your LLP cleanly and lawfully.
End-to-end LLP winding up and closure services in Mumbai and across India — striking off an LLP through Form 24, voluntary winding up, clearance of pending compliances and liabilities, and proper closure of a Limited Liability Partnership under the LLP Act 2008.
When a Limited Liability Partnership is no longer carrying on business, simply abandoning it is one of the costliest mistakes partners make. An inactive LLP continues to accumulate annual filing obligations, and the daily additional fees and penalties for non-filing keep mounting year after year. Formally winding up or striking off the LLP is the only way to stop those liabilities and bring the entity to a clean, lawful close.
Indian law offers two main routes to close an LLP. The simpler route is striking off through Form 24, available to an LLP that has either not commenced business or has ceased operations and has no assets or liabilities. The second route is voluntary winding up, a more formal process involving the appointment of a liquidator, settlement of liabilities, and distribution of any remaining assets among the partners. The right route depends on the LLP’s activity history, assets, and liabilities.
Our LLP winding up practice manages the entire closure process — advising on the appropriate route, clearing pending Form 8, Form 11, and income tax filings, closing bank accounts, preparing affidavits, indemnity bonds, and partner consents, drafting the statement of accounts, and filing Form 24 or completing the voluntary winding up formalities. We ensure your LLP is closed correctly so no residual compliance burden or liability follows the partners.
Our LLP Winding Up Services
Closure Route Advisory
Assessment of whether Form 24 strike-off or voluntary winding up is the right route for the LLP.
Pending Compliance Clearance
Filing of overdue Form 8, Form 11, and income tax returns to make the LLP eligible for closure.
Form 24 Strike-Off
Preparation and filing of Form 24 to strike the LLP name off the Register of LLPs.
Voluntary Winding Up
End-to-end support for voluntary winding up, including liquidator coordination.
Affidavits & Indemnity
Drafting of partner affidavits, indemnity bonds, and consent declarations for closure.
Statement of Accounts
Preparation of the statement of accounts showing nil assets and liabilities.
Bank Account Closure
Guidance on closing the LLP bank accounts and obtaining closure confirmation.
Liability Settlement
Advisory on settlement of outstanding liabilities before the LLP is closed.
Our LLP Winding Up Workflow
Eligibility Review
Review of the LLP’s activity, assets, liabilities, and filing history to confirm the closure route.
Compliance Clean-Up
Filing of all pending Form 8, Form 11, and income tax returns to clear the LLP.
Document Preparation
Drafting of affidavits, indemnity bonds, partner consents, and the statement of accounts.
Application Filing
Filing of Form 24 or completion of the voluntary winding up formalities with the ROC.
Closure Confirmation
Follow-up with the Registrar and handover of the strike-off or dissolution confirmation.
Benefits of Properly Winding Up an LLP
Frequently Asked Questions
An LLP can be closed either by striking off its name through Form 24, or by voluntary winding up. Form 24 strike-off suits an LLP that has not commenced business or has ceased operations with no assets or liabilities, while voluntary winding up is a more formal process involving a liquidator and settlement of affairs.
Form 24 is the application filed with the Registrar to strike the name of an LLP off the register. It can be used where the LLP has either never commenced business or has stopped carrying on business for at least one year, and has closed its bank accounts and has no outstanding assets or liabilities.
Yes. Before an LLP can be struck off through Form 24, all overdue Form 8, Form 11, and income tax returns up to the relevant period generally need to be filed. Clearing pending compliances is a necessary step to make the LLP eligible for closure.
Striking off an LLP through Form 24 typically requires consent of all partners, affidavits and an indemnity bond from the designated partners, a statement of accounts showing nil assets and liabilities certified by a Chartered Accountant, proof of bank account closure, and the LLP’s income tax acknowledgement.
An inactive LLP that is not formally closed continues to attract annual filing obligations, and the daily additional fees and penalties for non-filing keep accumulating. Partners may also face disqualification and prosecution, which is why formal winding up or strike-off is strongly recommended.
Close Your LLP the Right Way
If your LLP is no longer active, talk to our team for a clean, compliant, and complete winding up or strike-off process.
Get LLP Winding Up Support or call +91 9819 000 511