The Ministry of Corporate Affairs (MCA), via Notification No.
G.S.R. 475(E) has introduced the Limited Liability Partnership
(Amendment) Rules, 2024. This amendment shall take effect
from 27 August 2024.
Highlights of the notification
A major change introduced by this amendment is the
centralization of the strike-off process for Limited Liability
Partnerships (LLPs). Starting from the effective date mentioned
above, LLP Form 24, which is utilized for applying for the
strike-off of LLPs, will be handled by the Centre for
Processing Accelerated Corporate Exit (C-PACE) rather than the
respective state registrars. This reflects a prior adjustment where
the strike-off process for Companies was also centralized under
C-PACE.
