Are you having trouble paying winding up your business?
ICI will aid you in supervising all aspects of drawing your business to a close.
An LLP winding up can be started by choice or by a Board. If a LLP is to initiate winding up by choice, then the LLP must pass a resolution with approval of at least 3/4th of the total number of partners. If the LLP has creditors, secured or unsecured, then the consent of the creditors would also be required.
Yes, the LLP can wind up if it is inactive from the date of incorporation for at least one year immediately preceding the filing of the application.
LLP must pass a resolution with approval of at least 3/4th of the total number of partners for voluntary winding up.
» Voluntary winding up.
» Mandatory winding up.
Winding up of LLP takes approximately 14-20 days.
Secretarial & Compliance
Income / Corporate Tax
GST / CESS