Procedure for change in name of business for LLP

Procedure for change in name of business for LLP

  1. Section 16: Section 16 deals with SUO MOTO basis, under this section any LLP through its designated partners may apply for reservation of new name proposes to change its name. Under this criteria LLP may file the prescribed form with the registrar and pay the prescribed fee. If Registrar is satisfied with the new name then he may reserve the name for three months.
  2. Section 17: Section 17 deals with Directions received from Central Government, under section 17 Central Government may give directions to the registered Limited Liability Partnership Act 2008 (LLP Act 2008) to change its existing name to new name which must not be undesirable and identical or too nearly resembles.
  3. Section 18: Section 18 deals with Directions given by any entity to Registrar for change the name of LLP, under this section any entity may approach to registrar with in twenty-four (24 months from incorporation date) months to intimate to change the name of LLP, the entity must have similar name and must be in existence before incorporation of LLP.