Change in partner

A change of partner could take place in Partnership or Limited Liability Partnership. Partners direct the course of business of any Partnership or LLP. Partners can resign, removed or added to any partnership firm or LLP. Although the Indian Partnership Act 1932 and The Limited Liability Partnership Act 2008 does not allow removal of partner from a firm by majority unless the agreement provide so; or when there is a case of charge on him having acted against the interest of the firm.

A partner can be added to any firm aiming further fund raising, maintaining statutory requirement or for expansion of business.

In case of partnership both registered or un-registered a supplementary deed is to be executed and only if the firm is registered changes should be informed to Registrar of Firms. In case of LLP a supplementary deed is to be executed form is to be filed within 30 days of resignation or removal of partner and supplementary deed is to be filed.

Alonika.in is the right option to choose. Just contact us and fulfill the mandatory compliances for the firms by Professionals like Chartered Accountants and Company Secretaries.

Documents required

  1. PAN and Aadhar card of Incoming Partner
  2. DPIN and DSC of Income Partner (in case of LLP)
  3. Contact details of the incoming partner
  4. Existing agreement
  5. Terms of New agreement
  6. Resignation letter
  7. Resolution

Packages

For Partnership @ 3000/-*

  • Professional Consultation
  • Drafting of Documents
  • Drafting of Deed

For LLP @ 4500/-*

  • Professional Consultation
  • Drafting of Documents
  • Drafting of Deed
  • Filing of Forms
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