Form4 and 3 to file when partner from LLP resigns and other procedures - Professionals - Legal - TIK Share
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Form4 and 3 to file when partner from LLP resigns and other procedures


CA Pulkit Sharma

2013-12-12

LLP is great structure to do business. But sometime very complex to manage.

The general faqs for pertners resignation are:

What is the procedure in case partner resigns from Limited Liability Partnership (LLP)?

Procedure is Resignation Notice, Retirement agreement and Capital distribution.

What forms to file with ROC/ROP?

Form 4 need to be filed with ROC at MCA portal. And also the fresh partnership agreement need to filed in form 3.

What is Form 4A, both form 4 and Form 4A need to filed or only form 4 for resignation?

Form 4A is for Addendum to LLP Form 4.

What is Addendum? And do I need to file that too?

If proposed partners more then 5 then need to file addendum.