1. Date of modification in the agreement
2. Reason of change– whether the change is on account of:
Change in business activities
Change in partner(s)
Change in partner’s contribution and percentage of profit sharing
Change in any other relevant details like rights and duties of Partners, Restrictions on the authority of Partners, Management and administration of LLP, Dispute resolution, etc
3. Details of business activities after change
4. Main division of industrial activity as per NIC-2004 (based on changed business activities)
5. Details of partner’s contribution and profit sharing ratio after change in the LLP agreement
1. Initial LLP agreement
2. Changed LLP agreement (Supplemental Deeds)
3. Supporting documents
Step 3 – File Form 4 for change in partner/ designated partner
If the change is due to change in partner(s)/ designated partner(s), Form 4 is also required to be filed along with Form 3.
In case of appointment, cessation, change in name/address/ designation of a designated partner or partner, Form 4 has to be filed.
In this form, details of all individuals and corporates being appointed as partner(s) and designated partner(s) have to be filled.
Documents to be attached with Form 4
Consent of the partner
Evidence of cessation
Affidavit or any proof of change of name
If the partner or a designated partner is a company, copy of resolution of the company to become partner in LLP
Copy of resolution mentioning name and address of individual nominated as representative nominee/ partner.
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