LLP Closure

An LLP that has been non-operational for a year or more (or never commenced) can apply for strike-off in Form 24 — with consent of all partners, affidavits and indemnities, a nil-asset/nil-liability statement of accounts within 30 days of application, and its income-tax position settled.

The arithmetic is brutal and simple: a dormant LLP accrues up to ₹200/day across Form 11 and Form 8 late fees. Every year of “we’ll close it later” costs more than the closure. We regularise what must be filed, paper the affidavits, and take Form 24 through to the gazette — after which nothing about the LLP can bill you again.