Change Partner in LLP

Starting @ Rs. 1999

Supplementary Agreement Drafting Form 4 & Form 3 Filing Fast MCA Approval

Admission & Resignation • Complete Legal Drafting Support

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Why Updating LLP Partners on MCA Records is Mandatory

Formalize ownership, capital contribution, and partner roles legally under the LLP Act

Induct New Partners

Bring in capital contributors, active business partners, or strategic co-founders seamlessly.

Relieve Resigning Partners

Execute clean exit agreements and update MCA records to remove outgoing partner legal liabilities.

Supplementary LLP Agreement

Update profit-sharing ratios, capital accounts, and management powers via legally valid stamp paper deeds.

Bank Account Signing Authority

Update bank mandates and credit facility authorizations with official MCA approved records.

Avoid Severe Penalties

Filing Form 4 and Form 3 within 30 days prevents the statutory ₹100/day late penalty under the LLP Act.

How Does It Work?

3 simple steps from inquiry to completed service

1. Partner Details & Consent

Provide incoming/outgoing partner KYC, PAN, Aadhaar, and agreed revised profit ratios.

2. Supplementary Deed Drafting

We draft the Supplementary LLP Agreement, partner consent, and resignation acceptance deeds.

3. MCA V3 Filing (Form 4 & 3)

We execute on required stamp paper, submit Forms 4 & 3 on MCA V3, and deliver approved certificates.

Legal Process for Adding or Resigning Partners in an LLP

Under the Limited Liability Partnership Act, 2008, any alteration in the partners or designated partners of an LLP requires filing of statutory forms with the Registrar.

Form 4: Notices of appointment, cessation, change in name/address/designation of a partner, due within 30 days. Form 3: Information regarding LLP Agreement and changes made therein (Supplementary Deed), due within 30 days.

UdyogSetu prepares the complete legal deed on appropriate state stamp paper, coordinates digital signatures, and manages the entire filing process.

Ready to get started? Call our experts at 7030300150 or click here to chat on WhatsApp.

Documents Required & Information Needed

Ensure smooth, same-day processing by sharing simple scanned copies:

1. Incoming Partner Details:

  1. PAN Card and Aadhaar Card of the proposed partner.
  2. Passport-size photo, mobile number, and email ID.
  3. Designated Partner Identification Number (DPIN) / DIN (if applicable).
  4. Class 3 Digital Signature Certificate (DSC).

2. Outgoing Partner & LLP Records:

  1. Formal Resignation Letter of outgoing partner.
  2. Original LLP Agreement and previous Supplementary deeds.
  3. Consent letter signed by existing partners.
  4. No-dues settlement agreement (if capital is being refunded).

Important Guidelines & Statutory Criteria

  • Minimum Designated Partners: An LLP must have at least 2 Designated Partners who are individuals, at least 1 being a resident in India.
  • 30-Day Deadline: Both Form 4 and Form 3 must be filed within 30 days of the effective date of change.
  • Stamp Duty Compliance: Supplementary LLP Agreement must be executed on applicable state stamp paper.
  • Partner Consent: Admission or resignation requires consent as prescribed in the original LLP Agreement.

Have specific questions? Call our advisors at 7030300150 or click here to chat on WhatsApp.

Why Choose UdyogSetu?

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Transparent Pricing

Clear, fixed pricing with zero hidden surprises or undisclosed additions.

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Fast Turnaround

Quick execution with dedicated progress tracking and instant support.

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Complete Compliance Under One Roof

End-to-end legal, tax, ROC, trademark, and tech solutions for growing businesses.

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Senior Expert Team

Experienced CAs, CSs, trademark attorneys, and engineers working for your success.

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Trusted by 1,300+ Businesses

Proudly empowering startups, MSMEs, and enterprises nationwide since 2017.

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Dedicated Support

Direct phone, WhatsApp, and email access for seamless query resolution.

FREQUENTLY ASKED QUESTIONS (FAQ)

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1. Can a partner resign without the consent of other partners?

A partner may resign by giving 30 days' prior written notice to the other partners unless the LLP Agreement prescribes a different mechanism.

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2. Is stamp duty payable on a Supplementary LLP Agreement?

Yes, stamp duty is payable on the Supplementary LLP Agreement according to the relevant State Stamp Act based on the capital alteration.

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3. What is the penalty for delay in filing Form 4 or Form 3?

Delay attracts a statutory late fee of ₹100 per day per form with no upper limit under the LLP Act. Prompt filing is vital.

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4. Can a body corporate become a partner in an LLP?

Yes, a company or another LLP can be a partner in an LLP. However, it must nominate an individual to act as its Designated Partner.

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5. Does UdyogSetu assist with obtaining DPIN for new partners?

Yes. If the incoming partner does not possess a DPIN, we obtain their Class 3 DSC and process their DPIN application quickly.

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