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    Increase in Capital of LLP

    Posted By : Sachin / Published on : 29-Nov-2022 04:32 AM / View : 235 / Comment : 1

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    Dear Professionals,

    Can anyone suggest me the documents for increase in capital contribution in LLP.
    Read more on : capital increase

    • To increase the capital of a Limited Liability Partnership (LLP), the LLP agreement must be amended to reflect the proposed increase in capital. This amendment must be made with the unanimous consent of all partners of the LLP.

      Once the LLP agreement has been amended, the LLP must file the appropriate forms with the Registrar of Companies (RoC) to update its records. The LLP must file Form 3 (Information with regard to limited liability partnership agreement and changes, if any, made therein) and Form 4 (Notice of appointment, cessation, change in name/ address/ designation of a designated partner or partner and consent to become a partner/ designated partner) with the RoC within 30 days of the date of the amendment.

      In addition to the forms, the LLP must also pay the prescribed fees to the RoC based on the amount of the proposed increase in capital.

      After the forms and fees are submitted, the RoC will review the documents and, if satisfied, will issue a certificate of registration of the changes to the LLP agreement. The LLP can then issue new partnership units to existing partners or admit new partners to the LLP to raise the capital as per the amended LLP agreement.

      28-03-2023 / 12:23:42 PM
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