Change of LLP Agreement

Agreement of the Limited Liability Partnership (LLP) is its charter, similar to Memorandum of Association and Articles of Association of a company. In the agreement, nature of business activities, rights, duties, and obligations of partners are mentioned.

Changing an LLP agreement is very easy:

• Step 1– A resolution needs to be passed to revise the LLP agreement.
• Step 2 – Form 3 is to be filed with the Registrar within 30 days of passing the resolution.