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Change in the Objects of LLPs

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About This Plan

If you are planning to change the Object clause of the memorandum, then this plan is all that you need. Tax Experts at All India ITR will get the required things done for you.

Services covered under this plan
  • Required Documentation
  • Preparation of Form 3
  • Filing of the Form 3
  • Meeting of the partners
Who can buy this plan?

LLPs, that are planning to bring in some change in the object clause of the memorandum can buy this plan.

How the Plan works?

  • Meeting of the Partners
  • The necessary documentation
  • Preparation of stamp papers
  • Preparation for Form 3
  • Filing of Form 3
  • Approval by the concerned authorities

Documents Required

  • Object that is supposed to be amended
  • Supplementary Agreement
  • Resolution of the Meeting of the designated partners
  • Details of the Meeting of the designated partners

FAQs

What are the required documents for Change in Objects of LLPs?

Supplementary agreement is the most important document while making any change in the objects of LLPs.

Which actions require prior approval?

Business activities concerning banking, insurance, venture capital, mutual fund, stock exchange and asset management are allowed provided approval from regulatory authorities is obtained before hand. You must know, According to RBI guidelines, LLPs are not permitted to undertake NBFI activities.

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