Basic Facts on Changes in LLP Agreement
What are the types of changes that can be done in the LLP Agreement?
Change the name and activity of LLP
Change the contribution, rights and duties of the LLP
Do an Amendment in LLP Agreement
Change in registered address, profit sharing ratio, contribution
Winding up/shut down/dissolved/defunctioning of LLP
Changes in the Business Activities
Partners in LLP change the Contribution of Capital
Adding Capital
Reducing Capital
Changing the ratio of capital contribution
The Management Structure of Capital is changed
The changing of terms and conditions for addition, resignation, expulsion or the retirement of the partner involved in LLP
The rights and liabilities are modified in LLP
Addition or reduction of the clause in LLP