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Compliance Pack

Closing an LLP, Form 24

  • An LLP that has done no business for a year can be closed by filing Form 24 with the consent of all partners.
  • Deadline: Any time after the LLP has been inactive for at least one year
  • Done in Filing in 7 working days after documents; dissolution usually 2 to 4 months
  • Prepared by your Savvy, checked by a CA
  1. Consent of all partners
  2. When did revenue-generating business stop
  3. Eligibility check
  4. Form 24 SRN and filed pack
The law and the stepsPay and start · ₹7,999One time, + 18% GST

Answer in brief

An LLP that has done no business for a year can be closed by filing Form 24 with the consent of all partners. We file any pending Form 8 and Form 11, prepare the nil statement and affidavit, and file Form 24 until the name is struck off.

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From the official sources

What the law says, and what trips people up

From the official portal's manuals and FAQs, with the source for each point.

The law

  • LLP Rules 2009, Rule 37(1)(b)

    An LLP not carrying on business or operation for one year or more may apply in Form 24 with the consent of all partners; regulated LLPs also need the regulator's approvalSource

  • LLP Rules 2009, Rule 37(1A) (inserted 2017, amended 2022)

    Before applying, file overdue Form 8 and Form 11 up to the end of the year business stopped; give in Form 24 a CA-certified nil statement of accounts not older than 30 days, designated partners' affidavit, latest ITR acknowledgement, and the initial LLP agreement if never filedSource

  • LLP Rules 2009, Rule 37 (Registrar's process)

    Application is placed on the MCA website for one month; then the Registrar may strike off by order published in the Official Gazette, and the LLP is dissolved; designated partners' liability continuesSource

  • LLP (Amendment) Rules 2024, notified 5 August 2024, effective 27 August 2024

    Form 24 strike off is handled by the Registrar at C-PACESource

  • Government fee

    Application fee under Rule 37 as per Annexure A of the LLP Rules 2009: ₹500 for a small LLP and ₹1,000 for any other LLP. Source: https://www.taxmanagementindia.com/visitor/detail_act.asp?ID=13295

On the portal

  1. Login to MCA V3 with business user ID
  2. MCA Services > LLP e-Filing > Form 24 (Application for striking off name of LLP)
  3. Enter LLPIN; details prefill
  4. Enter cessation date and reasons; confirm nil assets and liabilities
  5. Attach partners' consent, nil statement, affidavit, ITR copy or declaration, bank closure proof
  6. Submit to get SRN, sign with designated partner DSC, upload in My Application
  7. Pay ₹500 or ₹1,000 and track remarks

What trips people up

  • Statement of accounts older than 30 days or not nil

    Get a fresh CA-certified nil statement and file at onceSource

  • Form 8 or Form 11 overdue

    File all pending years up to cessation firstSource

  • ITR slot left empty

    Attach latest ITR, or a designated partners' declaration if none was filedSource

  • Less than one year since business stopped

    Wait until one full year has passedSource

  • A partner cannot be reached to sign consent

    Resolve before filing; consent of all partners is requiredSource

People ask

Is there an amnesty for old Form 8 and Form 11 before closing?

Not now. CCFS 2026 covered companies only; LLP backlogs pay full additional fees.Source

Do we need to close the bank account first?

Yes. The affidavit must confirm no open account, with the bank's closure confirmation.Source

Can the ROC close our LLP without us applying?

Yes, if no business for two years or more, after a notice to the LLP and partners.Source

Who processes Form 24 now?

C-PACE, since 27 August 2024.Source

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How we solve it: 4 steps

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Step 1 of 4 · What we need from you

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  • Consent of all partners
  • Nil statement of accounts
  • Designated partners' affidavit
  • Bank account closure certificate
  • Latest ITR acknowledgementOptional
  • Filed Form 8 and Form 11
  • LLP agreement and changesOptional
  • Regulator approvalOptional

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One time. Delivered in Filing in 7 working days after documents; dissolution usually 2 to 4 months. Due: Any time after the LLP has been inactive for at least one year

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