Renaming Activity. Actualised With Expertise.
A Limited Liability Partnership or an LLP can change its name due to several reasons or on the instruction of the Central Government. The Central Government can direct an LLP to change its name if it is deemed inappropriate, similar or resembles the name of an already operational LLP. Failure to comply with the Central Government can attract a penalty of Rupees 10,000 to 5 Lakhs by the LLP while the designated partner could be levied a penalty of Rupees 10,000 to 1 Lakh.
Procedure
01
Obtain A New Name Approval
File a name change form with the MCA with up to 6 names options that conform to the LLP naming rules in India.
02
Documents:
- A certified true copy of the consent of Partners for a new name.
- Trademark application copy or registration certificate, if any.
- Existing LLP agreement.
- Any other document as required.
Note: We recommend that one of the designated partners of the LLP is given authorization to file the necessary applications for the availability and restoration of the LLP name in Form 1 with the ROC and to issue a notice of change of name to the ROC using Form 5.
03
File Notice
File Notice of Change upon approval from the MCA within 30 days to the ROC.
