No business started since incorporation? Wind up your LLP and stop complying with routine compliances. LLP Strike off Prices start at INR 8999/- only.
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Before we understand LLP Strike off, let us have a brief idea on LLP (Limited Liability Partnership :
LLP means an alternative corporate business form that it gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its name.
The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP.
LLP Strike Off:
In case the LLP wants to close down its business or where it is not carrying on any business operations for the period of one year or more, it can make an application to the Registrar for declaring the LLP as defunct and removing the name of the LLP from its register of LLP’s.
An LLP need to be closed down / LLP Strike off can be done on the following conditions:
Easy EMI's | Transparent Pricing
Easy EMI's | Transparent Pricing
Easy EMI's | Transparent Pricing
Managing Director is a Director, who by virtue of AOA of a company or an agreement with the company or a resolution passed in its general meeting, or by its BoD, is given substantial powers of management of affairs of the Company.
The Executive Director is the director, who is in full-time employment of the company. This is the reason that the executive directors are mainly engaged in the core management of the company and managing affairs of the company.
The Directors in all the existing companies are first registered as additional directors. This appointment of Additional Director is done by the Board of Directors. They can hold a meeting up to the next general meeting.
Alternate Director is someone appointed for a person who is a Non-Resident Indian or Foreign Collaborators of a company by the Board of Directors to act for the original director during his absence for a period of more than three months.
The Ordinary Director is the Director who attends the Board Meetings of the Company and participates in the matters put across the Board of Directors. They are neither whole-time Directors nor Managing Directors for the company.
Instant Professionals team of experts will help you complete all the documentation needed for a director appointment. Once you fill in a simple checklist then We will draft and prepare all the relevant board resolutions needed for the purpose.
We will apply for your DSC & DIN. DIN is Director identification number, which is a mandatory requirement for director appointment. Once the same is allotted to you, we will obtain the consent letter in the prescribed format.
Once we complete the documentation for the appointment of the director with DIN, DSC, and Consent letter, we will file DIR 12 form with Ministry. Once filed successfully, we will share acknowledgment with you over your registered ID.