Digit
headset_mic account_circle
mail
Sign In
  • Products

    Motor

    • Car Insurance
    • Two Wheeler/Bike Insurance
    • Commercial Vehicle Insurance
    • Taxi/Cab Insurance
    • Auto Rickshaw Insurance
    • Truck Insurance

    Health

    • Health Insurance
    • Super Top-up Health Insurance
    • Arogya Sanjeevani Policy
    • Corporate Health Insurance
    • Health Insurance Portability

    Other

    • International Travel Insurance
    • Shop Insurance
    • Home Insurance
    • Digit Life Insurance (clicking here will take you to Digit Life Website)
  • Claims

    • File a Claim
    • File Health Claim
    • File Motor Claim for Garages
    • Check Health Claim Status
    • Digit Cashless Garages
    • Digit Cashless Hospitals
  • Renewals
  • Become Digit POSP
  • Resources

    • Check Pending Challans
    • FREE Credit Score Check
    • Download Digit Policy
    • Download Digit App
    • Digit Play
    • Marine Open Certificate Issuance
    • Grievance Redressal Procedure
    • Check KYC Status
  • Digit Products

    Motor Insurance

    • Car Insurance 25% OFF
    • Two Wheeler/Bike Insurance
    • Commercial Vehicle Insurance
    • Taxi/Cab Insurance 15% OFF
    • Auto Rickshaw Insurance
    • Truck Insurance

    Health Insurance

    • Health Insurance
    • Super Top-Up Health Insurance
    • OPD Health Insurance
    • Arogya Sanjeevani Policy
    • Personal Accident Insurance
    • Corporate Health Insurance

    Other Insurance

    • International Travel Insurance
    • Flight Delay
    • Shop Insurance
    • Home Insurance
  • Claims

    File a Claim

    File Health Claim

    File Motor Claim for Garages

    COVID-19 Assistance

    Claim Status

  • Renewals

    Become an Agent

  • Resources

    Check Pending Challans

    FREE Credit Score Check

    Download Digit Policy

    Download Digit App

    Digit Play

    Marine Open Certificate Issuance

    Grievance Redressal Procedure

    Check KYC Status

  • Support
    Sign In
    • download Download Policy
    • download Download Digit App
    • person_pin Pending Actions
    • edit Edit Policy
    • check Check Policy Status
    call 1800-258-5956 mail_outline hello@godigit.com whatsapp 70260 61234

    Our WhatsApp number cannot be used for calls. This is a chat only number.

  • My Account
    account_circle
    • autorenew Renew My Policy
    • download Download My Policy
    logout SIGN OUT
    call 1800-258-5956 mail_outline hello@godigit.com whatsapp 70260 61234

    Our WhatsApp number cannot be used for calls. This is a chat only number.

  • login
  • about
  • contact
  • careers
More Products

Motor

  • Car Insurance
  • Two Wheeler/Bike Insurance
  • Commercial Vehicle Insurance
  • Taxi/Cab Insurance
  • Auto Rickshaw Insurance
  • Truck Insurance

Health

  • Health Insurance
  • Super Top-up Health Insurance
  • Arogya Sanjeevani Policy
  • Corporate Health Insurance
  • Health Insurance Portability

Other

  • International Travel Insurance
  • Shop Insurance
  • Home Insurance
  • Digit Life Insurance (clicking here will take you to Digit Life Website)

Support

close
account_circle
  • download Download Policy
  • download Download Digit App
  • person_pin Pending Actions
  • edit Edit Policy
  • check Check Policy Status
  • autorenew Renew My Policy
  • download Download My Policy
logout SIGN OUT
call 1800-258-5956 mail_outline hello@godigit.com whatsapp 70260 61234

Our WhatsApp number cannot be used for calls. This is a chat only number.

Do the Digit Insurance

Trusted by 3 Crore+ Indians

  • Pay as you Drive
    Car Side View
    Car
  • trending icon

    Third-party premium has changed from 1st June. Renew now

    Motorcycle Side View
    Bike
  • Health
    Health
  • auto rikshaw
    Commercial
  • Covers COVID-19
    Travel Airplane
    Travel
  • More products
    More
Don’t have Reg num?
keyboard_arrow_right
It’s a brand new Car
keyboard_arrow_right
renew digit policy keyboard_arrow_right

I agree to the  Terms & Conditions

-

(Incl 18% GST)

Terms and conditions

    keyboard_arrow_right
    IT'S A NEW BIKE
    keyboard_arrow_right
    RENEW DIGIT POLICY
    keyboard_arrow_right

    I agree to the  Terms & Conditions

    Continue with {{twoWheelerCtrl.lastVisitedData.lastVisitedUrl.indexOf('DigitPaymentGateway/payments') !== -1 ? 'payment completion': 'previous choice'}}

    {{twoWheelerCtrl.lastVisitedData.vehicle.make |toTitleCase}} {{twoWheelerCtrl.lastVisitedData.vehicle.model | toTitleCase}} {{twoWheelerCtrl.lastVisitedData.vehicle.variant? (twoWheelerCtrl.lastVisitedData.vehicle.variant |toTitleCase):''}}

    {{twoWheelerCtrl.lastVisitedData.vehicle.licensePlateNumber}}

    {{twoWheelerCtrl.lastVisitedData.showSelectedPlan}}

    -

    ₹{{((twoWheelerCtrl.lastVisitedData.quickQuoteResponse.plans[twoWheelerCtrl.lastVisitedData.selectedPlan].resposeBody.grossPremium) .replace('INR ', '')).split('.')[0] | rupeeFormatWithComma}} (Incl 18% GST)

    • Geography
    • Country
    {{geography.name}}

    Popular Countries (You can select more thane one)

    • {{country}}

    DONE
    Please select geography

    I agree to the  Terms & Conditions

    Please accept the T&C

    As mandated by Spanish Authorities your travel insurance needs to extend 15 days after your trip ends.
    We will extend your coverage period accordingly.

    false false false false false false false false false false false false

    Port my existing Policy

    keyboard_arrow_right
    or renew digit policy keyboard_arrow_right
    Chat with an expert

    I agree to the  Terms & Conditions

    Please accept the T&C

    {{healthCtrl.lastVisitedData.dropOffPolicyHolderData ? 'Complete your purchase': healthCtrl.lastVisitedData.lastVisitedUrl.indexOf('plans-page') !== -1 ? 'Continue Browsing' : 'Continue with your previous choice'}}

    {{healthCtrl.lastVisitedData.relationData}}

    Age of eldest {{healthCtrl.lastVisitedData.selfMaxAge ? 'member:' : 'parent:'}} {{!healthCtrl.lastVisitedData.selfMaxAge && healthCtrl.lastVisitedData.parentMaxAge ? healthCtrl.lastVisitedData.parentMaxAge : healthCtrl.lastVisitedData.selfMaxAge}} yrs

    {{healthCtrl.lastVisitedData.dropOffPolicyHolderData.holderName}}

    {{healthCtrl.lastVisitedData.dropOffPolicyHolderData.policyNumber}}

    {{healthCtrl.lastVisitedData.packageName}}

    -

    ₹{{healthCtrl.lastVisitedData.coverageData[healthCtrl.lastVisitedData.policyType][healthCtrl.lastVisitedData.selectedPackage].totalGrossPremium | rupeeFormatWithComma}} (Incl 18% GST)

    You can select more than one member

    • -+ Max kids
      (s)
    DON'T KNOW YOUR REGISTRATION NUMBER
    keyboard_arrow_right
    It’s a brand new vehicle
    keyboard_arrow_right

    I agree to the  Terms & Conditions

    local_shipping Continue with {{cvCtrl.lastVisitedData.lastVisitedUrl.indexOf('DigitPaymentGateway/payments') !== -1 ? 'payment completion': 'previous choice'}}

    {{cvCtrl.lastVisitedData.vehicle.make |toTitleCase}} {{cvCtrl.lastVisitedData.vehicle.model | toTitleCase}} {{cvCtrl.lastVisitedData.vehicle.variant? (cvCtrl.lastVisitedData.vehicle.variant |toTitleCase):''}}

    {{cvCtrl.lastVisitedData.vehicle.licensePlateNumber}}

    {{cvCtrl.lastVisitedData.showSelectedPlan}}

    -

    ₹{{((cvCtrl.lastVisitedData.quickQuoteResponse ? cvCtrl.lastVisitedData.quickQuoteResponse.plans[cvCtrl.lastVisitedData.selectedPlan].resposeBody.grossPremium : cvCtrl.lastVisitedData.grossPremium) .replace('INR ', '')).split('.')[0] | rupeeFormatWithComma}} (Incl 18% GST)

    Terms and conditions

    Terms and conditions

    Do the Digit Insurance
    • Car
    • Bike
    • Health
    • Commercial
    • Travel
    • More Products
    local_shipping

    A Comprehensive Guide on the LLP Closure Procedure

    llp closure
    source: legalnestors

    Limited Liability Partnership (LLP) is one of the most popular business entities in the corporate sphere. Since there is a definite procedure to register an LLP in order to commence its operations, there is also a predefined process to close an LLP. Entrepreneurs who have started their business with a great vision may wish to close it due to many reasons.

    This piece thoroughly talks about the closure procedure for LLP. Read along!

    How to Close a LLP Company?

    Limited Liability Rules, 2009 (Rule 37) explain the process regarding striking off a defunct LLP company. Defunct LLP refers to those Limited Liability Partnerships that stopped functioning or operating. Limited Liability Partnerships need to be defunct for a minimum of 1 year to be eligible for applying for LLP closure to the Registrar.

    The following sections discuss closing a Limited Liability Partnerships by filing Form 24.

    Step 1

    Stop Commercial Activity

    The filing of Form 24 is only possible when LLPs have not started a business yet or have stopped their commercial activity. Therefore, LLPs willing to close their companies must cease all kinds of business operations and then apply through this form.

    Step 2

    Close Bank Accounts

    LLP closure with Form 24 can happen only when there are no open bank accounts as well as any creditors. Thus, before applying for closure with Form 24, LLPs must close bank accounts and obtain evidence of the same from the respective banks.

    Step 3

    Prepare Affidavits and Declaration 

    While closing an LLP company, all the appointed directors need to execute an affidavit (individually or jointly) stating that the LLP has stopped its commercial activity from a particular date. In case an LLP has not commenced its operations, it needs to mention that too in the affidavit.

    In addition, an LLP company must declare that it has no liabilities and indemnify for losses that may come up later after striking off its name from the list of registered companies.

    Step 4

    Gather All the Documents

    At this stage, LLPs need to accumulate important documents and submit them along with Form 24.

    Step 5

    File Pending Documents

    Once an LLP company gets an Incorporation Certificate, it must file the LLP agreement within 30 days with the Ministry of Corporate Affairs (MCA). In case an LLP company misses to file an LLP agreement, then the company must file the initial LLP agreement (entered but not filed) with any amendments made.    

    LLP companies must file any overdue returns (in Form 8 and Form 11) of a financial year during which they ceased their commercial activities before filing Form 24. 

    Step 6

    Get CA Certificate 

    After gathering and preparing all the required documents for filing Form 24, an LLP company must get a statement with details of accounts having NIL assets and NIL liabilities. A practising Chartered Accountant must certify this document up to a date that must fall within 30 days of the filing date of Form 24.

    Step 7

    File Form 24

    At last, an LLP company must file all documents and the LLP closure Form 24 with MCA to complete the striking-off procedure. After verifying the documents and processing the application, if the respective authority does not find any error or discrepancy, they will issue a notice (and publish it on the MCA website) announcing the striking off of that LLP. 

    The steps mentioned above clearly answer the question - how to close an LLP company? Now, let’s learn about the documents required for LLP closure.

    What Are the Documents Required for Closure of LLP?

    Here is a list of all the essential documents LLPs need to submit in order to close it.

    • Application for the Closure of the LLP
    • Consent of every partner
    • Statement of company accounts showing zero liabilities and assets certified by a practising Chartered Accountant with a date, not more than 30 days prior to the date of application filing
    • An affidavit executed either individually or jointly by all the Partners
    • A copy of the latest Income Tax Return acknowledgement
    • Initial LLP Agreement alongside all the supplementary agreements (if applicable)

    When Should You Apply for Closure of an LLP?

    An LLP company can apply for closure of the company if it -

    • Has not commenced its business after incorporation
    • Was inactive in business for the previous 1 year
    • Has gone bankrupt
    • Received any Court order due to any circumstances

    Read the above-mentioned steps for the closure procedure of LLP attentively and strike off the name of a defunct company from the list of registered companies easily with the help of Form 24.

    Frequently Asked Questions

    Is it mandatory for an LLP company to file Income Tax Returns?

    Yes, according to the LLP Amendment Rules, 2017, an LLP company willing to close its business must file Income Tax Return. The LLP company must file Income Tax Return up to the date of the financial year during which it ceased its business operations.

    Yes, according to the LLP Amendment Rules, 2017, an LLP company willing to close its business must file Income Tax Return. The LLP company must file Income Tax Return up to the date of the financial year during which it ceased its business operations.

    Is it necessary to fill out annual filings forms while closing an LLP?

    Yes, as per the LLP Amendment Rules, 2017, an LLP company must fill annual filing forms such as Form 8 and Form 11 while closing of LLP.

    Yes, as per the LLP Amendment Rules, 2017, an LLP company must fill annual filing forms such as Form 8 and Form 11 while closing of LLP.

    Please try one more time!

    Request URL:
    Status Code:
    Request Payload:
    Response Data:

    Other Important Company Registration Related Articles

    What is an IPO

    How to Check Trademark Status in India

    What is UDIN

    Difference between IPO and FPO

    Why Do Companies Go Public?

    Meaning of IPO Valuation & How It Is Done

    National Financial Reporting Authority

    What Is CERSAI ?

    How to Register Trademark

    Check Company Registration Status on MCA Website

    Convert OPC into Private Limited Company

    Limited Liability Partnerships

    What is Micro Enterprise

    Export Credit Guarantee Corporation of India (ECGC)

    Different Classes of Trademark

    How to Register a Private Limited Company in India

    OPC Registration Process in India

    Public Limited Company in India

    Trademark Public Search in India

    Corporate Identification Number in India

    What Is a Strike Off of a Company?

    Private Limited Company Procedure in India

    Registering a Software Company in India

    Difference Between LLP and Private Limited Company

    LLP Closure Procedure

    Procedure to Change Company Name

    NGO Registration Process in India

    Grey Market in IPO

    IPO Allotment Process

    How to Apply for an IPO

    What Is Limited Liability Partnership Act ?

    All about ESOP

    Difference Between Trademark and Copyright

    Registrar of Companies (ROC) in India

    Change a Name of a Private Limited Company

    LLP Registration in India

    Show more

    Important Business Insurance Products in India

    Business Insurance

    Sign Board Insurance

    Money Insurance Policy

    Plate Glass Insurance

    Fidelity Insurance

    Professional Liability Insurance

    Workmen Compensation Insurance

    General Liability Insurance

    Management Liability Insurance

    Types of Business Insurance

    Erection All Risk Insurance

    Contractors All Risk Insurance

    Directors and Officers Liability Insurance

    Marine Cargo Insurance

    Contractors Plant and Machinery Insurance

    Machinery Breakdown Insurance

    Show more
    Download Digit App

    close
    1. Digit Insurance
    2. Business Insurance
    3. Company Registration
    4. LLP Procedure

    Last updated: 2023-12-05

    Digit
    • About
    • Contact
    • Career
    Products
    • Car Insurance
    • Bike Insurance
    • Travel Insurance
    • Health Insurance
    • Property Insurance
    • Shop Insurance
    • Group Health Insurance
    • Arogya Sanjeevani Policy
    • Commercial Vehicle Insurance
    • Super Top-Up Health Insurance
    • Health Insurance For Disabled & HIV/AIDS Patients
    Resources
    • Digest
    • Press
    • Download Policy
    • Grievance Redressal Procedure
    • Cancel E-Mandate
    • Check Digit Policy Status
    Agent & Partnerships
    • Become An Agent
    • Become Digit POSP
    • Garages Claim Intimation
    Services
    • Claims
    • Renewals
    • Digit Cashless Garages
    • Digit Cashless Hospitals
    Get our app
    Download man
    App Store Google Play

    Motor Products & Guides
    • Motor Insurance
    • Bus Insurance
    • Tractor Insurance
    • Commercial Van Insurance
    • Passenger Carrying Vehicle Insurance
    • Heavy Vehicle Insurance
    • Goods Carrying Vehicle Insurance
    • Commercial Vehicle Third Party Insurance
    • E-Rickshaw Insurance
    • Electric Car Insurance
    • Pay As You Drive
    • Electric Bike Insurance
    • Types of Motor Insurance
    • Comprehensive vs Zero Depreciation
    Health Insurance Guides
    • Comprehensive Health Insurance
    • Wellness Benefits
    • Diabetes Health Insurance
    • Family Floater VS Individual Health Insurance
    • Health Insurance for Parents
    • Health Insurance Plans for Family
    • How to Lower Your Health Insurance Premium
    • Indemnity Health Insurance
    • Individual Health Insurance
    • Health Insurance Portability
    • Health Insurance Premium Calculator
    • Health Insurance Tax Benefits
    • Health Insurance for Senior Citizen
    • Health Insurance in Bangalore
    • Corona Health Insurance
    • Health Insurance covering Critical Illness
    • Family Floater Health Insurance
    Bike Insurance Guides
    • Third Party Bike Insurance
    • Comprehensive Bike Insurance
    • Zero Depreciation Bike Insurance
    • NCB in Two Wheeler Insurance
    • IDV Value Calculator for Bike
    • Cashless Bike Insurance
    • Add-on Cover in Bike Insurance
    • Bike Insurance Calculator
    • Own Damage Bike Insurance
    • Comprehensive vs Third Party Bike Insurance
    • Compare Bike Insurance
    • Royal Enfield Classic Insurance
    • Best Scooty in India
    • How to Transport a Bike by Train
    • Difference between Torque & BHP in Bikes
    • Car Insurance Calculator
    Car Insurance Guides
    • Third Party Car Insurance
    • Comprehensive Car Insurance
    • Zero Depreciation Car Insurance
    • NCB in Car Insurance
    • IDV Calculator for Car
    • Bumper to Bumper Car Insurance
    • Own Damage Car Insurance
    • Comprehensive vs Third Party Insurance
    • Compare Car Insurance
    • Find Vehicle Registration Details Online
    • CNG Car Insurance
    • Own Damage Insurance
    • Popular Car Insurance
    • Car Segment Guide
    • What is RPM in Cars
    Property Products & Guides
    • Property Insurance
    • Shop Insurance
    • Fire Insurance
    • Burglary Insurance
    • Building Insurance
    • Office Insurance
    • Bharat Griha Raksha Policy
    • Bharat Laghu Udyam Suraksha Policy
    • Bharat Sookshma Udyam Suraksha Policy
    • Home Insurance for Home Loan
    • Pet Insurance
    • Mobile Insurance
    • Home Insurance Premium Calculator
    • Top Low-Investment Franchise Businesses in India
    • Assessing Officer of Income Tax Department
    • Identity Theft & Frauds
    • What is Financial Planning
    Business Products & Guides
    • Management Liability Insurance
    • General Liability Insurance
    • Fidelity Insurance
    • Professional Liability Insurance
    • Workmen Compensation Insurance
    • Money Insurance Policy
    • Sign Board Insurance
    • Plate Glass Insurance
    • Erection All Risk Insurance
    • Contractors' All Risks Insurance
    • Directors' and Officers' Liability Insurance
    • Marine Cargo Insurance
    • Contractors' Plant and Machinery Insurance
    • What is Micro-enterprise
    • Difference Between Trademark and Patent
    • Different Types of Industries
    • Machinery Breakdown Insurance
    • Non-Creamy Layer Certificate
    Tools & Calculators
    • Income Tax Calculator
    • Sukanya Samriddhi Yojana Calculator
    • HRA Exemption Calculator
    • BMI Calculator
    • Bike Loan EMI Calculator
    • EPF Calculator
    • Atal Pension Yojana Calculator
    • Personal Loan EMI Calculator
    • ULIP Calculator
    • Vehicle Road Tax Calculator
    • Online GST Calculator
    • SIP Calculator
    • 80D Deduction Calculator
    • Human Life Value Calculator
    • Ovulation Calculator
    • Invoice Generator
    • PDF to JPEG Converter
    • Rent Receipt Generator
    Finance Guides
    • What is Credit Score
    • What is Public Provident Fund
    • What is Sukanya Samriddhi Yojana
    • Property Tax Guides
    • Road Tax Guides
    • How to Apply for Reissue of Passport
    • Income Tax Slabs in India
    • What is Atal Pension Yojana Scheme
    • Everything about EPF
    • Financial Planning for Women
    • Financial Planning for Salaried Employees
    • Everything about NPS
    • ULIP vs Mutual Funds
    • What is Basic Salary
    • What is Professional Tax
    • Everything about Annuity
    • What is UPI Reference Number
    • QR Code Guides
    • Investment Guides
    Other Articles & Guides
    • Aadhaar Card Guides
    • Is KYC Mandatory for Buying Insurance
    • Everything about GST
    • GST Registration in India
    • Types of Insurance
    • Types of General Insurance
    • Government Holidays in India
    • Indian Passport Rank
    • Visa Free Countries for Indians
    • Visa on Arrival for Indians
    • PAN Card Guides
    • Business Insurance Guides
    • Best Business Ideas
    • What is Custom Duty
    • What is Debenture
    • What is Nominal Account
    • How to Drive a Car
    Traffic Rules 101
    • PUC Certificate
    • Vehicle Registration Certificate
    • New Traffic Fines
    • Fine for Driving without Helmet
    • Types of Driving Licence in India
    • Driving Licence in Delhi
    • Driving Licence in Bangalore
    • Driving Licence in Jaipur
    • Bangalore Traffic Fines
    • Pune RTO Fine
    • RTO Office
    • RTO Pune
    • RTO Ahmedabad
    • RTO Bangalore
    • RTO Mumbai
    • RTO Delhi
    • RTO Lucknow
    • RTO Thane
    • RTO Chennai
    Travel Products & Guides
    • Reasons for Visa Rejection
    • Check UK Visa Application Status
    • Schengen Travel Insurance
    • Thailand Travel Insurance
    • USA Travel Insurance
    • Dubai Travel Insurance
    • What Is Bangkok Famous For?
    • Best Countries to Visit in August
    • Best Beaches in the Maldives
    • How to Get PR in Australia
    • Countries with Easy Work Visa Process
    • Foriegn Embassies in India
    • Indian Embassies in Foriegn Countries
    • Travel Insurance covering Adventure Activities
    • Lost Your Passport When Travelling
    • Apply for Schengen Visa from India
    • Minimise the Cost of Travel Insurance
    • How to Get International Driving License
    • India Travel Guides
    • Student Travel Insurance
    • Family Travel Insurance
    Resources
    • Digit Insurance Reviews
    • Car Insurance Reviews
    • Bike Insurance Reviews
    • Commercial Vehicle Insurance Reviews
    • Travel Insurance Reviews
    • Health Insurance Reviews
    • Mobile Insurance Reviews
    • General Insurance Agent
    • Health Insurance Agent
    • Motor Insurance Agent
    • Everything about DigiLocker
    • Bank Branch Locator
    • IFSC Code Finder
    • Excise Duty on Fuel in India
    • Which Fuel is Used in Aeroplane
    • Deductions & Exemptions Under the New Tax Regime
    • Cooling System in Automobiles
    • Importance of Motorcycle Helmets
    Downloads Do Not Disturb (DND) Public Disclosures Investor Relations Stewardship Policy IRDAI Privacy Policy

    CIN: U66010PN2016PLC167410, IRDAI Reg. No. 158.

    Go Digit General Insurance Limited (formerly known as Oben General Insurance Ltd.) - Registered Office Address - 1 to 6 floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No.1579, Shivaji Nagar, Pune-411005, Maharashtra | Corporate Office Address - Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru-560095, Karnataka | Trade logo of Go Digit General Insurance Ltd. displayed above belongs to Go Digit lnfoworks Services Private Limited and is provided and used by Go Digit General Insurance Ltd. under license.