An inactive LLP still has to file returns every year, or face daily penalties. Formally winding it up brings this to an end. CASYST manages the LLP strike-off from documents to ROC approval.
What is Winding Up LLP?
An LLP that has stopped business can apply to be removed from the register through a striking-off application to the Registrar. Where the LLP has assets and liabilities, it may instead need to follow a formal winding-up or voluntary liquidation process.
Before closing, the LLP's returns, tax matters and partner settlements should be cleared.
Who needs Winding Up LLP?
- LLPs that have stopped operating
- Partners who want to exit and close the LLP
- Dormant LLPs with no assets or liabilities
- LLPs wanting to end annual filings and penalties
Benefits of Winding Up LLP
Ends compliance burden
No more annual returns and late fees.
Clean legal exit
The LLP is formally closed.
Avoids penalties
Stops daily late fees on pending filings.
Simple route
Strike-off is faster than full liquidation.
Expert handling
We prepare and file all documents.
Eligibility
- The LLP should not have carried on business for the prescribed period
- No pending liabilities or all liabilities settled
- Consent of the partners
- Tax and other statutory dues cleared
Documents required
- LLP certificate of incorporation and LLPIN
- LLP agreement and PAN
- Financial statements and bank statement showing no activity
- Consent of the partners
- Statement of accounts and solvency where required
- Tax and GST clearances where required
Winding Up LLP process
- 1Step 1
Assess eligibility
We check that the LLP qualifies for strike-off.
- 2Step 2
File pending compliances
We file pending annual returns and clear dues.
- 3Step 3
Partner approvals
We obtain the partners' consent and required declarations.
- 4Step 4
Prepare the application
We prepare the strike-off form and supporting documents.
- 5Step 5
File with the Registrar
We file and respond to queries.
- 6Step 6
Notice and removal
The LLP is removed from the register after the notice period.
After the application
- The Registrar publishes a notice of the proposed strike-off
- Objections can be raised within the notice period
- The LLP is removed from the register
- Close bank accounts and tax registrations
- Keep records for the required retention period
Strike-off vs winding up
| Point | Strike-off | Winding up |
|---|---|---|
| For | LLPs with no business or liabilities | LLPs with assets or liabilities |
| Speed | Faster | Longer |
Related services
Winding Up LLP cost
Our Winding Up LLP package starts from ₹14,999. Government fees, stamp duty and other statutory charges are separate and depend on your state and the exact filing involved. We give you a clear, itemised quote before we start, with no hidden charges.
Get a QuoteWinding Up LLP checklist
- Assess eligibility
- File pending compliances
- Partner approvals
- Prepare the application
- File with the Registrar
- Notice and removal
Frequently asked questions
When it has not carried on business and has no pending liabilities.
It may need formal winding up or liquidation.
Yes. Outstanding annual returns should be filed first.
It generally takes a few months.
In certain cases through an application within the permitted time.
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