Resignation of Designated Partner from LLP

    Posted By : Damini / Published on : 21-Sep-2020 11:15 AM / View : 18 / Comment : 0
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    Dear Members,

    This query is regarding resignation of a partner from LLP. When a partner resigns from a LLP, we have to fill Form 13 and attach the same with Form LLP 4.

    Now, Section 24 mandates that the person may cease to be a partner of a limited liability partnership in accordance with an agreement with the other partners or, in the absence of agreement with the other partners as to cessation of being a partner, by giving a notice in writing of not less than thirty days to the other partners of his intention to resign as partner.

    Whereas, as per the LLP agreement of our client, the resigning partner has to give 15 days prior notice for his resignation.

    Now, my query is, on which date will form 13 to be filed with LLP - 30 days before the resignation or 15 days before the resignation?
    Read more on : partner designated resignation



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