MCA Compliance
LLP Closure Process in India (Form 24)
An inactive LLP keeps accruing steep, uncapped late fees on Form 8 and Form 11. Here is how to close it cleanly via Form 24 strike off.
On this page
LLP late fees are brutal — a per-day charge with no cap. So an inactive LLP left open quietly racks up a large bill. The fix is to close it formally.
Quick answer
An eligible inactive LLP with no liabilities can be struck off by filing Form 24 — after filing any pending Form 8/11 and the income tax return, and preparing the partners' consent, affidavits and a statement of accounts.
Why close an inactive LLP
Form 8 and Form 11 keep falling due every year, and the late fee accrues per day with no cap. Unlike a company's capped-per-form scenario, LLP late fees can balloon. Closing the LLP stops the accrual.
The process
- Confirm Form 24 eligibility and what is pending.
- File pending Form 8/11 and the ITR (with late fees).
- Obtain all partners' consent and affidavits.
- Prepare an indemnity bond and statement of accounts.
- File Form 24; the Registrar reviews and strikes the LLP off.
When Form 24 is not enough
If the LLP has assets, liabilities or partner/creditor disputes, a formal winding up is required instead of a simple strike off.
Common mistakes
- Leaving an inactive LLP open (uncapped late fees mount)
- Applying with pending Form 8/11
- Trying to close an LLP with liabilities
- Missing a partner's consent
Close it via Form 24, and the uncapped late fees finally stop.
Ready to act?
Close your inactive LLP
We regularise pending Form 8/11 and file Form 24 so the uncapped LLP late fees stop and the LLP exits cleanly.
Frequently asked questions
How do I close an LLP?
An eligible inactive LLP with no liabilities can be struck off by filing Form 24 — after filing pending Form 8/11 and ITR and preparing the partners' consent, affidavits and a statement of accounts.
What is Form 24?
The MCA form through which an LLP applies to have its name struck off the register.
Why close an inactive LLP rather than leave it?
Because Form 8 and Form 11 keep falling due, and LLP late fees are an uncapped per-day charge that grows quickly. Closing stops that.
What are the conditions for Form 24 closure?
The LLP must have ceased business (or never started), have no liabilities, file its pending returns and ITR, and obtain all partners' consent.
How long does LLP closure take?
Typically a few months, including pending-return filing and the Registrar's review.
Can I close an LLP with liabilities?
No. Outstanding liabilities generally require a formal winding up instead.
Related MFA services
If you want this handled rather than done yourself, these are the matching services.
Written by
MyFinancialAdvisory Editorial
Editorial guidance prepared for business owners and reviewed before production publication.
Reviewed by MyFinancialAdvisory Compliance Team
Written against official sources, with the governing rule named wherever a figure or deadline is given. General guidance — not advice on your specific case.
Ready to act?
Close your inactive LLP
We regularise pending Form 8/11 and file Form 24 so the uncapped LLP late fees stop and the LLP exits cleanly.
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