Change LLP Agreement

Change in LLP Agreement

Modify Your LLP Terms Legally & Effectively

What is a Change in LLP Agreement?

The LLP Agreement is a key legal document that governs the roles, responsibilities, and rights of partners in a Limited Liability Partnership (LLP). Any change in business activities, capital contribution, profit-sharing ratio, or partners requires an amendment to the LLP Agreement. This must be filed with the Ministry of Corporate Affairs (MCA) to make it legally valid.

Common Reasons for LLP Agreement Modification

Change in Business Activities
Change in Capital Contribution
Change in Profit Sharing Ratio
Addition or Removal of Partners
Change in Registered Office
Alteration of Rights & Duties
Shift from Individual to Body Corporate Partner

Why is it Important?

Legally Validates New Terms
Maintains Transparent Partner Relations
Ensures MCA Compliance
Avoids Future Disputes or Penalties
Helps in Smooth Governance and Operations

Required Documents

1. Original LLP Agreement

2. Resolution for the proposed change

3. Consent Letter of all Partners

4. Identity & Address Proof of Partners (for change in partners)

5. Digital Signatures (DSC) of Designated Partners

6. Form 3 & 4 (for MCA filing)

Step-by-Step Process

Timeline: 5–7 working days

When Should You Update the LLP Agreement?

• Introducing a new partner or removing an existing one

• Making changes in capital structure or contribution

• Changing profit-loss sharing ratio

• Modifying business activities

• Any structural, legal, or operational change

Legal Compliance

As per the LLP Act, 2008, every change in the LLP agreement must be filed within 30 days of the change. Non-compliance can lead to penalties of 100/day until the default is rectified.

Why Choose SSA Tax for LLP Agreement Change?

Expert Legal Team
Fast Online Process
End-to-End MCA Filing Support
PAN India Service
Affordable, Transparent Pricing

Client Testimonial

“SSA Tax helped us update our LLP agreement within a few days. Their legal expertise and follow-through made the process smooth!”
— Amit Verma, Tech Startup Co-Founder

Let’s Update Your LLP the Right Way!

Don’t delay your growth plans due to outdated agreements. Let us handle the legal part while you focus on business.

Email: info@ssatax.in
Call/WhatsApp: +91-9773346539/38/34
Change Your LLP Agreement

FAQs

Q1. What if I delay the agreement change filing?
There is a penalty of 100 per day of delay under the LLP Act.

Q2. Is partner consent mandatory?
Yes, all partners must approve the supplementary agreement.

Q3. Can I change multiple clauses at once?
Yes, you can change multiple provisions, but all changes must be documented and filed accordingly.

Q4. Will the updated agreement be publicly accessible?
Only the summary details filed with MCA will be visible; full agreement remains private among partners.

Ready to Make Changes?

Click below to start your amendment process today!

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