Amendments / Changes in Partnership

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Resignation/Appointment of Partners
Address Change
Change in Profit sharing ratio
Amendment in Partnership Deed
Capital Contribution Change
  • Procedure
  • Documents Required
  • Benefits
  • Time Period
  • AKT Advantages
Procedure
1

Send us enquiry or Send email to cs@aktassociates.com

2

We will prepare required documents and send for signature/authorization

3

Form uploaded and changes approved

Documents Required

As Per Documents List sent by us

Benefits

Keep your Partnership firm up to date

Saves you from future legal hassles
Avoid any unwanted litigation

Time Period

2-5 Working Days

AKT Advantages

Best Team of CS to take care amendments

Lowest Fees in the industry
Prompt and proper documents filings

Partner Appointment Rs. 3500
  • Documents Drafting

  • Form Attestation
  • Form Filed
Partner Resignation Rs. 5000
  • Documents Drafting

  • Form Attestation
  • Form Upload and Approval
Address Change Rs. -
  • Documents Drafting

  • Form Attestation
  • Form Upload and Approval
Partnership Deed Change Rs. -
  • Drafting

  • Attestation
  • Form Approval
  • Form Upload and Approval

Capital contribution Change Rs. -
  • Drafting

  • Attestation
  • Form Approval
  • Form Upload and Approval

Convert Partnership to LLP Rs. -
  • Name approval

  • Partnership Deed Drafting
  • Form Filing and approval

Partnership Amendments:- Keep your Joint venture up-to Date

As business is dynamic in nature so should be a partnership firm, which has been provided flexibility to take care of any changes in the firm in the partnership Act 1932. It can be changed in address, or Name of the firm, or appointment /resignation of Partners, Change in capital or Conversion of Partnership firm to LLP or Private limited company. All these changes need to be properly documented and should be reported to Registrar of firms by filing appropriate forms within due date as provided in Act. AKT Associates has a separate dedicated Team of CA and CS known as Corporate Compliance Team to take care of such amendment and changes in a proper and time-bound manner.

Let it clear the confusion

Frequently Asked Questions

What is Procedure for conversion of Partnership firm to a Limited Liability Partnership?

A Partnership firm can propose to change into an LLP to move and safeguard into Limited Liability concept The Procedure to change name is as follow

  • An Notice need to be sent to all partner for intended change
  • Get DSC and DIN for all partners
  • Get the Name approval done
  • Draft new partnership deed as per LLP Act 2002
  • File Required form in ROC
  • Get Approval and apply for new Pan card
  • Open New Bank A/c

What is Procedure to appoint a new partner in a Partnership?

Following steps need to be taken to appoint a new director

  1. Draft appointment letter
  2. Draft Addendum Partnership deed
  3. File required Registrar of firms within 30 days.

What is Procedure for Partner’s resignation?

E-forms to be filed in case Resignation of Partner’s Resignation is resignation letter from partner. Amendment in partnership deed.

  1. Notice of Resignation filed with the Partnership firm (Resignation Letter);
  2. Proof of Dispatch of resignation (Speed Post Acknowledgements or Courier slip);
  3. Draft Addendum with Partnership Deed.
  4. File required Registrar of firms within 30 days.

What is the time period to intimate changes for Registrar of Firms?

That depends procedure to procedure, starting from 15 days to 30 days, as a thumb rule any significant changes should be intimated a.s.a.p.

What will be consequences in changes are not intimated to ROF?

There is a strict timeline to file forms to intimate the changes, if the changes are not reported then penalty need to be paid at the time of form filing.

What is Procedure to do amendments/Changes in partnership Deed of LLP?

Following steps need to be taken while filing for amendments in partnership deed of LLP

  • Notice to all partners for intended changes.
  • Drafting Partnership Deed and taking approval.
  • Incorporating changes in Final addendum of Partnership.
  • Filing requisites form to ROC and getting approval.

Under what situations Partnership deed Amendments required?

Partnership deed needs to be amended in case

  • There is any change in business objective,
  • Change in Address,
  • Change in Partners capital.
  • Change in Other Objectives of Firm.
  • Change in name of Firm
  • Any other required changes.

Why AKT Associates?

Expertise - That Counts

We are handling more than 1500+ successful clients and providing them with services which covers Legal, Technical, Taxation and other business compliance part. That all says a lot on our ways of working and our expertise in the area.

Experience - That Matters

At AKT associates we have been our client’s obvious choice since more than 20 years. For serving you with the best results we use our experience of decades which has exposed us with deep understand.

Efficiency - That reflects in everything

With a strong team which comprises of experts with qualification like CA, CS, MBA & LLB and they will all available with the wholesome result, with dedicated customer service team and support staff. We are always there to execute your work efficiently.

Cost - That saves a Lot

We touch the top position not just because we are the best in what we do but also because we know the value of your time and money. We know the value of your time so all the work by AKT Associates is performed on time and at around 70% less cost in comparison to all the other leading firms of the market that too without compromising on the quality aspect.

Conveniences - That says a Lot

The services of the firm are performed and delivered by using the cutting edge technology which makes the AKT Associates always available & deliver services right in your email. So it doesn’t matter where you are because we are always at your finger tips.

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