
Ravi Singh
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The LLP agreement is a basic legal document that controls the LLP and its overall operations. The partners must follow the terms of the agreement and not breach any of them. By having a mutual agreement from the partners, the LLP agreement can be altered at any instance after the registration. Changes in activities, capital, or responsibilities and rights are among the most common reasons for change. A complementary agreement is usually incorporated additionally with the original agreement to alter the clauses. In order to make the changes a stamp duty has to be paid. Any form of modifications in the agreement should be reported to the ROC within 30 days of modification.
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Senior Professional Having 30 years experience in Direct and Indirect Tax, Companies Act, Trademark Act, FSSAI Matters, Labour laws and has done all types of works from procedural formalities to litigation
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