Closure of LLP via Form 24

Jayanta Bandyopadhyay (357 Points)

11 March 2025  

One LLP was incorporated on 20.7.2016- thereafter, no bank account-no business-no meeting- no Form Nos.8 and 11 were submitted; No Tax return

One LLP was incorporsted in 2016. Thereafter no transaction, no return, mo bank account.

PCS wants to use Form no.24 for closure with retro-effects from incorporation date in 2016 to avoid penal action for non filing of Form nos.8, 11.

My views - there should be a minimum one year gap per Rule 37; those Forms are irrelevant , as no action by LLP except incorporation. Stk 8 form with nil Assets,liability is signed by CA.

Kindly share your views. Date of cessation can not be from date if incorporation..seemingly odd.