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Change in LLP Agreement

Agreement of the Limited Liability Partnership (LLP) is its charter, similar to memorandum of association and articles of association of a company.

Changing an LLP agreement includes

A resolution needs to be passed to revise the LLP agreement.

Steps to form a Change in LLP Agreement

Resolution
to be passed
Approval
from members
Fill all the relevant details in form 3 & 4
Payment
of fees

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Procedure

Change in LLP Agreement

Agreement of the Limited Liability Partnership (LLP) is its charter, similar to Memorandum of Association and Articles of Association of a company. Changing an LLP agreement includes

A resolution needs to be passed to revise the LLP agreement.
Form 3 is to be filed with the Registrar within 30 days of passing the resolution.
LLP can change the LLP Agreement by filing Form 3 (Information with regard to Limited Liability Partnership Agreement and changes, if any, made therein). However, in case change in LLP agreement is due to change in partners/ designated partner, Form 4 has to be filed along with Form 3.

Documents

    Documents Required for Form 3

  • Initial LLP Agreement
  • Any other documents
  • Documents Required for Form 4

  • Consent of the partner
  • Evidence of Change in name
  • If partner of designated partner is a Company , Copy of resolution of the company to become partner of LLP
  • Digital signature of designated partners
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