Question 1

What is LLP strike-off under Rule 37 of the LLP Rules, 2009?

Accepted Answer

Strike-off is the simplest way to close an LLP that is no longer doing business. Under Rule 37 of the LLP Rules, 2009, the LLP files Form 24 with the Registrar of Companies (ROC), asking for its name to be removed from the register. Once the Registrar strikes off the name and publishes a notice in the Official Gazette, the LLP stands dissolved. It suits LLPs that have no assets and no liabilities left.

Question 2

When can an LLP apply for strike-off in Form 24?

Accepted Answer

An LLP can apply when it has not carried on any business or operation for one year or more, including an LLP that never started business. All partners must consent to the application, the LLP should have nil assets and nil liabilities, and any bank account must be closed. If the LLP is regulated under a special law, that regulator's approval is also needed. If assets or liabilities remain, voluntary winding up is usually the better route.

Question 3

What documents are needed to file LLP Form 24?

Accepted Answer

Form 24 needs a statement of account showing nil assets and nil liabilities, certified by a practising Chartered Accountant and made up to a date within 30 days of filing. The designated partners also sign an affidavit confirming when business stopped, that there are no liabilities (with an indemnity for any that arise later) and that the bank account is closed. You also attach bank closure proof, consent of all partners and, if one was filed, the latest ITR acknowledgement.

Question 4

What government fee is payable for LLP Form 24?

Accepted Answer

Form 24 carries a fixed MCA filing fee under the LLP fee schedule, and the exact amount is shown on the MCA portal when the form is prepared. Before filing, any overdue Form 8 and Form 11 must be submitted, and these can attract additional fees that rise with the delay. We work out the total government cost for your LLP before we start, so there are no surprises later.

Question 5

Who will handle our LLP closure at TaxQue?

Accepted Answer

Your LLP closure is handled by our company secretarial team together with a practising Chartered Accountant, who certifies the statement of account. We check pending MCA and tax filings, prepare the partners' consent, affidavit and indemnity, file Form 24 with the designated partner's digital signature and track the application with the ROC. You get updates at each step, and we explain any Registrar query in plain language.

Question 6

Do we need to close the LLP's bank account before applying?

Accepted Answer

Yes. The designated partners must confirm in their affidavit that the LLP's bank account has been closed, and a certificate or statement from the bank showing the closure is attached to Form 24. Before closing the account, settle all dues, collect any money owed to the LLP and distribute the balance among partners as per the LLP agreement. If the LLP never opened a bank account, the affidavit says so instead.

Question 7

Can an LLP with pending loans, dues or tax matters be struck off?

Accepted Answer

Strike-off is meant for LLPs with nil assets and nil liabilities, so loans, creditor dues, tax demands or ongoing cases should be settled first. If the Registrar believes assets or liabilities remain, it can ask the partners for undertakings or decline to strike off the name. Where liabilities cannot be fully cleared, voluntary winding up under the LLP (Winding Up and Dissolution) Rules, 2012 may be the more suitable option.

Question 8

What happens after LLP Form 24 is filed?

Accepted Answer

The Registrar places the application on the MCA website for one month so that anyone with an objection can raise it. After that period, unless a valid reason is shown against it, the Registrar may order the LLP's name struck off and publish a notice in the Official Gazette. The LLP stands dissolved on that publication. If the Registrar raises queries during the review, we help you answer them.

Question 9

How long does LLP strike-off take?

Accepted Answer

Once pending filings are complete and the partners have signed, preparing the documents and filing Form 24 usually takes us about a week. After that, the timeline depends on the ROC. The application stays on the MCA website for at least one month, and the review and Gazette publication can take a few more months. Processing times vary between Registrar offices, so we track your application and keep you updated.

Question 10

Does LLP strike-off affect the partners' ability to start a new business?

Accepted Answer

Closing an inactive LLP through Form 24 is a recognised, orderly exit. On its own, it does not stop the partners from forming a new LLP or company, and their DPIN/DIN remains valid. However, under Rule 37(5), any liability of a designated partner continues and can be enforced as if the LLP had not been dissolved. That is why the accounts, affidavit and indemnity must be accurate.

Question 11

What if our LLP has overdue Form 8 and Form 11 filings?

Accepted Answer

Before filing Form 24, the LLP must file all overdue Form 8 (Statement of Account and Solvency) and Form 11 (Annual Return) up to the end of the financial year in which it stopped business. Late filings attract MCA additional fees that increase with the delay. We review your filing history on the MCA portal, prepare the pending forms and share a fee estimate before we begin.

Question 12

Is there an alternative to strike-off for closing an LLP?

Accepted Answer

Yes. An LLP that still has assets or liabilities, or wants a formal process, can choose voluntary winding up under the LLP Act, 2008 and the LLP (Winding Up and Dissolution) Rules, 2012. This involves a partners' resolution, a declaration of solvency, a liquidator who settles debts and distributes assets, and a final dissolution order from the Tribunal. It takes longer and costs more than strike-off, so we help you choose the right route.

Question 13

What if the Income Tax or GST department raises an objection?

Accepted Answer

Objections can come up during the one-month public notice or the Registrar's review, often because of unfiled returns or open demands. We check the reason, file any pending ITR or GST returns, cancel an active GST registration and share the clarification with the department and the ROC. The final decision rests with the Registrar, so clearing these matters before filing usually avoids delays.

Question 14

What does TaxQue charge for LLP closure?

Accepted Answer

Our fee is quoted upfront based on your LLP's situation, such as how many years of Form 8 and Form 11 are pending and whether any bank or tax matters need to be resolved. It covers the CA-certified statement of account, the affidavit and indemnity, partner consents and Form 24 filing. Government fees and any late fees are listed separately, so you can see exactly what you are paying for.

Question 15

How do we know the LLP has been officially closed?

Accepted Answer

Once the Registrar approves the strike-off, a notice is published in the Official Gazette and the LLP stands dissolved from the date of publication. The LLP's status in the MCA master data is then updated to show it as struck off or dissolved. We share the order and Gazette details with you, and we suggest keeping them on file in case a bank or tax office asks for proof later.

Question 16

Can a struck-off LLP be revived later?

Accepted Answer

Restoring a struck-off LLP is not automatic. A partner, creditor or other aggrieved person would generally need to approach the National Company Law Tribunal (NCLT), which decides each case on its merits and within the limits set by law. Rule 37 also keeps the Tribunal's power to wind up a struck-off LLP. Because revival is uncertain and costly, it is best to be sure about closing before filing Form 24.

Information group	Examples	Preparation note
Entity / applicant details	Legal name, constitution, PAN or other identifier, address and authorised representative	As applicable; match official records
Prior filings and notices	Previous acknowledgements, registrations, orders, notices or portal status	Include complete and current copies
Financial / activity records	Books, statements, invoices, payroll, contracts or activity evidence relevant to this service	Period and format depend on the service
Approvals and declarations	Board/partner/member resolution, consent, authorisation, declaration or professional report if required	Only where prescribed for the chosen route
Payment and signature readiness	Bank/payment proof and valid DSC/e-sign or OTP access, if required	Government fee and professional fee shown separately

Milestone	What determines it	Important note
Legal deadline	Depends on the applicable Act/Rules, event date, tax period, notice or return category	Confirm the live due date and any extension on the official portal
Government charges	May depend on entity type, state, capital, class, period or late filing	Verify the current official fee calculator/schedule before payment
Professional service timeline	Starts after complete documents, approvals and client confirmation	Authority review, queries and processing time are outside TaxQue’s control
Follow-up / correction	Additional information or a response may be required after submission	Deadlines stated in an official notice take priority
Deliverable	Filing acknowledgement and payment evidence, where generated	No approval or sanction is promised

Service element	TaxQue process	What the client can verify
Scope clarity	Written list of included work, client inputs, government payments and exclusions	Engagement scope
Reviewable preparation	Draft and key assumptions are shared for factual confirmation before submission	Client review
Official evidence	Acknowledgement and payment proof are shared when generated by the portal	Filing record
Status follow-up	Queries and next steps are explained with the relevant deadline	Authority-controlled outcome

Compliance area	Action to consider	Record to retain
Related records	Check statutory registers, resolutions, accounts and prior filings affected by this event	Keep records consistent with the filed form
Other applicable filings	Identify linked event-based, annual, tax, labour or state filings where applicable	Separate scope and fees may apply
Evidence retention	Retain approvals, forms, challans and acknowledgements in the entity’s records	Maintain the official filing trail

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