Application for Striking Off LLP | Savlana Init

LLP · Striking Off

Application for Striking Off LLP — Closing a Defunct LLP Through the Simplified Striking Off Route.

Form 24 allows a defunct LLP with no assets, liabilities, or pending proceedings to apply for striking off. We assess eligibility, clear all pending filings, prepare the declaration, and file Form 24 to close the LLP.

Rule 37 of the LLP Rules, 2009 provides a simplified route for closing a defunct Limited Liability Partnership — the striking off of the LLP's name from the Register of LLPs. Form 24 (Application for striking off the name of LLP from the register) is available to LLPs that have not commenced business since incorporation, or have not been carrying on any business for at least one financial year before the application, and have no assets, no liabilities, no pending legal proceedings, and no outstanding regulatory action.

The striking off route is significantly simpler than formal winding up under the LLP (Winding Up and Dissolution) Rules — there is no liquidator appointment, no creditor meeting, and no Tribunal involvement. The LLP files Form 24 with a statement of accounts showing nil assets and liabilities (prepared by a CA), a statement of pending litigation (confirming none), an indemnity bond signed by all designated partners, and an affidavit from each designated partner confirming the LLP's defunct status. All pending annual filings (Form 8 and Form 11) must be cleared before Form 24 is accepted.

Once Form 24 is filed, the Registrar publishes a notice on the MCA portal and in the Official Gazette, inviting objections. In the absence of any objections within the publication period, the Registrar strikes off the LLP's name and issues a notification of dissolution. The LLP ceases to exist as a legal entity from that date. We assess Form 24 eligibility, clear all pending filings, prepare the required statements and affidavits, and manage the full striking off process through to the Registrar's confirmation.

Our Striking Off Services

Form 24 Eligibility Assessment

Reviewing the LLP's status, liabilities, and filing history to confirm eligibility for the Rule 37 striking off route.

Pending Compliance Clearance

Filing all overdue Form 8 and Form 11 returns with applicable additional fees before Form 24 is submitted.

Nil Statement of Accounts

Preparing the CA-certified statement of accounts showing nil assets and liabilities for attachment to Form 24.

Indemnity Bond Preparation

Drafting the indemnity bond required to be signed by all designated partners as part of the Form 24 submission.

Designated Partner Affidavits

Preparing individual affidavits from each designated partner confirming the LLP's defunct status.

Form 24 Preparation & Filing

Preparing and filing Form 24 with all required attachments on the MCA portal.

Registrar Notice Tracking

Tracking the MCA and Official Gazette publication and monitoring for any objections during the notice period.

Striking Off Confirmation

Confirming the LLP's striking off in the Registrar's notification and the LLP's cessation on MCA records.

Our Process

Eligibility Review

We confirm the LLP has no business activities, no assets or liabilities, and no pending litigation — the conditions for Form 24 eligibility.

Pending Filings Clearance

All overdue Form 8 and Form 11 returns filed with applicable additional fees to bring the LLP's filing history current.

Statement & Affidavit Preparation

Nil statement of accounts (CA-certified), indemnity bond, and designated partner affidavits prepared.

Form 24 Filing

Form 24 filed on MCA with all required attachments; partner and designated partner DSC sign-offs obtained.

Notice Period & Striking Off

Registrar publishes the notice; in the absence of objections, the LLP is struck off and a dissolution notification issued.

Why It Matters

✓Form 24 eligibility confirmed before any filing begins — no assets, liabilities, or pending proceedings

✓All pending Form 8 and Form 11 returns cleared with applicable fees before Form 24 is submitted

✓CA-certified nil statement of accounts prepared as required by the LLP Rules

✓Indemnity bond drafted and signed by all designated partners

✓Individual designated partner affidavits confirming defunct status prepared

✓Form 24 filed with complete attachments to avoid Registrar rejection

✓MCA and Official Gazette notice period monitored for objections

✓Striking off confirmation obtained and LLP cessation confirmed on MCA records

Frequently Asked Questions

Form 24 is the application for striking off an LLP's name from the Register of LLPs under Rule 37 of the LLP Rules. It can be filed by an LLP that has not commenced business since incorporation or has not been operating for at least one financial year, and has no assets, liabilities, or pending proceedings.

No — striking off under Rule 37 (Form 24) is a simpler administrative process for defunct LLPs with nothing to wind up. Winding up under the LLP (Winding Up and Dissolution) Rules involves a liquidator, asset realisation, creditor settlement, and Tribunal involvement — required where the LLP has assets or liabilities.

Yes — but they must be filed and acknowledged before Form 24 is submitted. The Registrar will not accept a Form 24 application from an LLP with outstanding annual filings. All late fees on the overdue forms must also be paid.

It is a statement prepared by a Chartered Accountant confirming that the LLP has no assets and no liabilities as at the date of the statement. It is one of the mandatory attachments to Form 24 and serves as documentary proof that the LLP has nothing to wind up.

After Form 24 is filed, the Registrar publishes a notice on MCA and in the Official Gazette. The notice period for objections is typically 30 days. In the absence of objections, the Registrar strikes off the LLP within approximately 60 to 90 days of the Form 24 submission.

Yes — a struck-off LLP can be restored by applying to the NCLT within a specified period, provided valid grounds for restoration are shown. However, restoration after striking off is more complex and costly than proper closure — ensuring the correct route is chosen at the outset avoids this.

Ready to close your defunct LLP?

We'll check eligibility, clear all pending filings, prepare the Form 24 attachments, and manage the striking off process through to the Registrar's confirmation.