For the final step, you submit the LLP Supplementary Agreement to the ROC as an annex to the LLP-3 Electronic Form, as set out above. A complementary/amended LLP agreement must be concluded by paying stamp duty. The same must be appended to Form 3 to be approved by the Registrar. You may be interested in changing the name of your Limited Liability Partnership (LLP) for business, personal reasons or according to the instructions of the central government. The central government could order a change in the name LLP if the name is considered undesirable or similar, given that it is comparable to the name of an existing LLP or is too closely related to the name of an existing LLP. In this article, we take a detailed look at the process of changing the LLP name. The agreements of a Limited Liability Partnership are similar to the social contract and articles of association and define the scope, purpose, rights and obligations of the company and the partners. In the Limited Liability Partnership name approval process, submit an electronic form « LLP-5 » to announce a name change to the ROC. Now, after receiving the new constitutive act, the execution of an LLP supplementary agreement is necessary for the name change to be effective. « DECIDED that, in accordance with the provisions of Section 19 and other applicable provisions, if any, of the Limited Liability Partnership Act, 2008 (as in force in the form of a text or a new adoption) and the clause ….. [Clause number] of the Limited Liability Partnership Agreement of ….., the existing name of the Limited Liability Partnership is changed by ………….. [Existing name] at …….
[New name], as agreed by the LLP partners, and to this end, the LLP Agreement is amended accordingly. How do I change the name of LLP? LLP may change its name by completing the following form: After receiving the Letter of Authorization, an applicant must submit Form 5 to inform the Registrant of the LLP name change with a certified copy of the partners` consent to the application for a new name and a copy of the existing and complementary LLP Agreement. In addition, it is necessary to submit an LLP supplementary agreement with ROC within 30 days of execution. Amending the agreement of an LLP is a simple process and requires the adoption of a resolution indicating the modification of the agreements. . . .