Appointment or Removal of Partner Service

Table of Content

Introduction to Appointment or Removal of Partner in LLP Service
Documents Required for Appointment or Removal of Partner
Process of Appointment or Removal of Partner
Why Choose H S Lalwani & Co. ?
Google Reviews
Frequently Asked Questions (FAQs)

1. Introduction to Appointment or
Removal of Partner in LLP Service

In a Limited Liability Partnership (LLP), partners play a crucial role in managing operations and contributing to growth. Over time, businesses may need to add new partners or remove existing ones due to various reasons like resignation, retirement, restructuring, or expansion. As per the LLP Act, 2008, any change in partnership must be legally recorded with the Registrar of Companies (ROC).

At H S Lalwani & Co., we offer expert services for the appointment or removal of partners in LLPs, ensuring that all changes are accurately reflected in official records and your LLP agreement, while maintaining full compliance with MCA regulations.

3. Process of Appointment or Removal of Partner

Appointment of Partner:
Consent & KYC Collection:Obtain consent and ID documents from the new partner.
Draft & Sign Amendment Agreement:Update LLP Agreement to reflect the new partner’s details.
Pass Resolution:Partners must pass a resolution approving the appointment.
File Form LLP-3 :Submit amended agreement to ROC via Form LLP-3.
Update MCA Records:MCA portal is updated with new partner info.
Removal of Partner:
Receive Resignation Letter:or initiate partner removal through mutual decision.
Pass Partner Resolution:Existing partners approve the removal.
Amend LLP Agreement:Draft the updated agreement without the removed partner.
File Form LLP-3:Submit changes to ROC for official record.
Acknowledgment & Record Update:Obtain confirmation from ROC.

4. Why Choose H S Lalwani & Co.?

LLP Compliance Experts:Extensive experience in LLP Act-related filings and procedures.
End-to-End Support:From documentation to ROC approval, we handle it all.
Accurate Drafting:All legal documents and LLP agreements are carefully prepared
Prompt Filing:We ensure no delay in submitting Form LLP-3 and related forms.
Affordable Pricing:Fixed-fee structure with complete transparency.
PAN, GST, & Bank Update Support:Assistance in post-change documentation.

What Our Clients Say

Pushkar Shukla

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Bharat makhijani

★★★★★

Great service!! Working with this firm since 4 years and i am truly satisfied with thier work. GST and ITR work always on time too!! Keep it up!!

Prashant Bhatia

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Offering the best Chartered Accountant services with a blend of professionalism, expertise, and humble client-focused approach for a truly professional experience.

Frequently Asked Questions (FAQs)

Yes, an LLP can appoint a new partner at any time, provided all partners consent and the agreement is amended accordingly.

Form LLP-3 is used to update the Registrar about changes in the LLP agreement, including partner addition or removal.

Yes, DSC is required to file forms with the Ministry of Corporate Affairs.

Only if such provisions exist in the LLP Agreement. Otherwise, consent or resignation is generally required.

The ROC updates the MCA database with new/removed partner details and issues an acknowledgment.

Form LLP-3 must be filed within 30 days from the date of the change.

Yes, the LLP agreement must reflect current partner structure and contribution details.

Yes, after ROC approval, the LLP must update records with banks, PAN, GST, and other statutory authorities.

Only if the new partner brings in additional capital; otherwise, it can remain unchanged.

No, an LLP must have a minimum of two partners at all times. Falling below this violates compliance.

Our Other Services

LLP Name Change Service

Changing the name of a Limited Liability Partnership (LLP) is a strategic decision often driven by rebranding, expansion, or legal reasons.

LLP Office Address Change Service

A Limited Liability Partnership (LLP) must update its registered office address with the Registrar of Companies (ROC) whenever there's a change in location.