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We Are Registered Under:-
LLP Agreement Change
100% Online Process :-
  • Preparation of Form LLP-3
  • Filing of Form LLP-3
  • Acknowledgement of Form LLP-3
Note: Our Fees are exclusive of government fees

Original price was: ₹7,000.00.Current price is: ₹3,500.00.

*Term & Conditions:-
Strengths:-

Reasons for Agreement Change:

  • Adapting to Business Growth: Aligning the agreement with evolving business goals, strategies, and operational structures.
  • Addressing Partner Disputes: Resolving disagreements or incorporating new understandings between partners.
  • Complying with New Regulations: Ensuring the agreement is updated to comply with recent legislative changes or regulatory requirements.
  • Facilitating Partner Changes: Adjusting existing clauses or introducing new provisions to accommodate partner admission, retirement, or removal.
  • Improving Governance and Transparency: Enhancing clarity and defining processes for better decision-making and dispute resolution.

Process:

  1. Review and Discuss: Convene a meeting of all partners to thoroughly review the existing agreement and identify areas for amendment. Discuss proposed changes and ensure consensover the revised terms.
  2. Draft Amendments: Draft clear and concise amendments to the specific clauses you intend to modify. Ensure the changes are aligned with the LLP Act and other relevant regulations.
  3. Circulate and Approve: Share the draft amendments with all partners for review and feedback. Once feedback is incorporated, circulate the final draft for formal approval through a special resolution at a partners’ meeting. A minimum of 75% majority vote in favor of the amendments is required.
  4. Form LLP-3: File Form LLP-3 with the Ministry of Corporate Affairs (MCA) within 30 days of passing the special resolution. Attach a copy of the amended agreement and pay the applicable filing fees.

Additional Considerations:

  • Stamp Duty: Payment of stamp duty on the amended agreement as per the applicable state regulations.
  • Communication with Stakeholders: Inform relevant stakeholders like banks, creditors, and regulatory authorities about the changes in the agreement to avoid confusion and maintain compliance.
  • Internal Updates: Update internal documents, systems, and records to reflect the amended agreement for accuracy and adherence to the revised terms.

Benefits of Timely Agreement Change:

  • Enhanced Operational Efficiency: Streamlines processes, clarifies roles and responsibilities, and adapts to changing business needs.
  • Reduced Legal Risks: Mitigates potential disputes and ensures conformity with regulatory requirements.
  • Improved Partner Relations: Defines expectations, fosters transparency, and builds a stronger foundation for collaboration.
  • Sustainable Growth: Facilitates strategic expansion and adaptation to future challenges.
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Steps

  1. Select Service and Make Payment:

    • Visit Company Mitra’s website and navigate to the “LLP Agreement Change” section.
    • Choose the appropriate service based on the type of changes you need to make to your Agreement (e.g., change in profit-sharing ratio, addition/removal of partners, modification of clauses).
    • Review the service description, inclusions, and fees carefully.
    • Add the service to your cart and proceed to make a secure payment using their available methods.
  2. Connect with the CA:

    • After payment confirmation, you’ll receive a notification or be contacted by a designated CA from Company Mitra.
    • They’ll provide a specific list of documents required for your Agreement change, which may include:
      • Existing LLP Agreement
      • Board resolution proposing the Agreement change
      • Written consent from all LLP partners for the change
      • KYC documents of new partners (if applicable)
      • Stamp duty payment details (if applicable)
      • Any other documentation as per Company Mitra’s requirements
  3. Gather and Submit Documents:

    • Carefully collect and compile all the required documents as instructed by the CA.
    • Ensure the documents are clear, accurate, and complete to avoid delays and potential legal issues.
    • Submit the documents to Company Mitra through their preferred method (e.g., online portal, email, physical delivery).
  4. Document Review and Agreement Modification:

    • The CA will review your documents and ensure the proposed changes comply with the LLP Act and other relevant regulations.
    • They may request additional information or clarifications if needed.
    • The CA will draft the amended Agreement incorporating the approved changes.
  5. Partner Review and Approval:

    • You’ll receive the draft amended Agreement for review and approval by all LLP partners.
    • Ensure all partners understand the implications of the changes and provide their written consent.
  6. Government Fee Payment and Filing:

    • You’ll receive instructions on paying any required government fees associated with filing the amended Agreement.
    • Ensure you pay these fees promptly through the specified channels.
    • The CA will submit the amended Agreement and relevant documents to the Ministry of Corporate Affairs (MCA) for approval.
  7. Acknowledgment and Receipt:

    • Upon successful submission and payment of fees, you’ll receive an acknowledgment confirming the filing of your amended Agreement.
    • Once processed by the MCA, you’ll receive a notification and the final confirmation/certificate via your preferred method (e.g., WhatsApp, email, or online portal).
  8. Post-Filing Updates:

    • Depending on the specific changes made, you may need to update various internal documents and records to reflect the amended Agreement.

Documents Required

  • Special Resolution: A copy of the special resolution passed by the partners’ meeting with at least a 75% majority vote in favor of the amendments to the LLP Agreement.
  • Form LLP-3: Duly filled and signed Form LLP-3 submitted to the Ministry of Corporate Affairs (MCA) within 30 days of passing the special resolution. Pay the applicable filing fees.
  • Amended LLP Agreement: A copy of the final version of the LLP Agreement incorporating the approved amendments. Ensure it’s signed by all partners.

Additional Documents (Depending on Circumstances):

  • Draft Amendments: Copies of the initial draft amendments circulated to partners for review and feedback (optional).
  • Meeting Minutes: Records of the partners’ meeting where the amendments were discussed and approved (optional).
  • Proof of Stamp Duty Payment: Receipt or challan evidencing the payment of stamp duty on the amended agreement as per the applicable state regulations.

Process Time

It will take 7-10 days depend upon Departmental Approval

5/5

CA. Pradeep Gupta

Start up Advisor & forensic Expert

10+ years experience

4.9/5

CA. Durgesh Gupta

Compliance Expert

10+ years experience

4.9/5

CS Shubhani Gupta

Company Secretary

8 years experience

4.9/5

ADV. HEMANT VISHWAKARMA

Legal Expert

8 years experience

How does it work?

1

Select and Purchase:

Select Product & Complete payment using your preferred payment method.

2

Connect with a CA/CS/ADV

A dedicated CA from Company Mitra will promptly contact you via email or phone. They will provide a comprehensive list of documents required .

3

Gather and Submit Documents:

Start assembling the necessary documents as outlined by the CA.Submit Documents via Email/Whats App or Client portal .

4

Document Preparation and Submission

Your assigned CA will meticulously prepare and Forward all documents to department .After Approval You will Get All Documents and Certificates via MAil/Whatsapp and Client Portal

Our Clients are Happy & Wealthy

Atul Sachan Business man

Got to know him thru a friend of mine for fixing Defective ITR on a short notice. Pradeep is good and thorough as far as financial expertise is concerned. Within an hour, my defective ITR was revised. However the fees for ITR filing appears a bit expensive. It can be lowered. Overall a decent business experience with Pradeep

Rahul Vishwakarma CEO

Company Mitra made setting up my business a breeze! From start to finish, they were incredibly responsive, knowledgeable, and helpful. I was particularly impressed with their expertise in navigating the complex world of Indian business regulations. They handled everything with professionalism and efficiency, ensuring that my business was up and running in no time. I highly recommend Company Mitra to anyone looking for a reliable and experienced business setup service

CA Arpit Gupta Chartered Accountant

A very versatile, knowledgeable and tech lover CA, has a good infra for providing one stop solution for all taxation and startup matters

Anmol Sahu entrepreneur

Very satisfied with the services. No doubt the best CA Services provided in South Kanpur. The staff is so easy to work with and always meet with a warm welcome. Nominal fee charges. Getting appointment fixed is sometime determined. But you can see that there is a lot of passion in the company.

we’re here to all your questions

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How can I be sure my information is safe with you?
We adhere to relevant data privacy regulations to ensure your information is handled responsibly.
 
What is your reputation like?
We are Registerd under Company Act , Starup India as Well as ISO certified
 
What happens if I cancel my order?
Full refund within 24 hours if you cancel before signing the agreement. No questions asked. (48 words)
 
Are there any hidden fees or charges?
Prices shown are pre-tax/fees. Company Mitra details any added costs before starting work. You approve costs first, or get a full refund if you don’t agree
 

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