Varun Vithaldas Prabhu (3 Points)
08 February 2017Hello there,
I would require some help with a question. We have just incorporated with the agreement yet to be filed. Now in the forms, we had put a capital as X. Now, we want to reduce the capital because of certain changes that have come up suddenly. Can you guide me whether this is possible? Can we decrease contribution in the LLP now, before filing the LLP Agreement?
CS Vishal Mehta
(Self Employed)
(436 Points)
Replied 16 February 2017
as per my understanding, you have to file modified agreement in llp form 3 first then only you may proceed to decrease contributioin
CAclubindia
