Overview
A Limited Liability Partnership (LLP) is registered with specific business objectives mentioned in its incorporation documents and LLP Agreement. However, as the business grows, the partners may decide to diversify into new sectors or discontinue certain existing activities. In such cases, it becomes necessary to formally change the main objects or business activities of the LLP.
Changing the object of an LLP ensures that the legal records accurately reflect the updated business activities being carried out. This is crucial because any operations beyond the registered scope may be considered non-compliant during audits or inspections. The change must be approved by all partners and filed with the Ministry of Corporate Affairs (MCA) by amending the LLP Agreement.
At BizGlobal, we assist you in updating the objects of your LLP smoothly and legally. Our experts draft the necessary resolutions and supplementary LLP agreement, ensure partner approvals, and file the prescribed forms with the MCA. We make the process hassle-free so you can focus on expanding your business confidently into new areas.
