Change in LLP Agreement

Professional services for modifying your Limited Liability Partnership agreement with complete compliance and documentation

What is LLP Agreement Change?

Modification of LLP agreement involves altering the terms and conditions of your existing LLP agreement to accommodate:

  • Change in business activities
  • Addition/removal of partners
  • Change in profit sharing ratio
  • Modification of capital contributions
  • Change in registered office
  • Other operational changes

Why Change LLP Agreement?

Timely updates to your LLP agreement ensure legal compliance and operational flexibility:

  • Mandatory for any structural changes in LLP
  • Maintains legal validity of partnership terms
  • Prevents disputes among partners
  • Ensures compliance with LLP Act, 2008
  • Required for bank and regulatory approvals
  • Protects partners' rights and obligations

Key Benefits of Our Service

Our comprehensive LLP agreement modification services offer:

  • Expert drafting of amendment clauses
  • Complete documentation support
  • ROC filing and compliance
  • Partner consent management
  • Notarization and stamp duty assistance
  • Post-modification advisory

Process Timeline

Typically takes 7-10 working days depending on partner availability and document processing.

Cost Factors

Cost depends on nature of changes, stamp duty requirements, and number of partners. Starts at ₹4,999.

Consequences

Non-filing of changes can lead to penalties up to ₹5 lakh and invalidate the modified terms.

LLP Agreement Change Assistance

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Our 5-Step LLP Agreement Change Process

Streamlined approach to ensure seamless modification of your LLP agreement

1

Requirement Analysis

We understand your modification needs and review existing LLP agreement.

2

Draft Amendment

Preparation of supplementary agreement with all necessary changes.

3

Partner Consent

Obtaining consent from all partners through resolution and signatures.

4

Notarization & Stamp Duty

Completing notarization and stamp duty payment as per state requirements.

5

ROC Filing

Filing Form 3 and Form 4 with Registrar of Companies within 30 days.

Required Documents

Essential documents needed for changing LLP agreement

Original LLP Agreement

Copy of existing LLP agreement that needs to be modified.

Partner Details

PAN and address proof of existing and new partners (if any).

Board Resolution

Approved resolution for the proposed changes signed by all partners.

Stamp Duty Receipt

Proof of stamp duty payment for the supplementary agreement.

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