What is LLP Form 24, and what is it used for?

LLP Form 24 is the official MCA application used to formally close an inactive or never-commenced LLP in India. Designated partners file this form to remove the LLP’s name from the MCA register. Once accepted, the LLP ceases to exist legally and is freed from all future compliance obligations.

What is the government fee for LLP Form 24?

The government fee for LLP Form 24 is ₹500 for Small LLPs and ₹1,000 for all other LLPs. The MCA portal calculates the applicable fee automatically based on your LLP’s category at the time of filing. This fee is paid online during submission and is non-refundable, even if the application is rejected. If you hire a professional, the cost of closing an LLP can go up to ₹25,

3. How long does it take to close an LLP using Form 24?

Closing an LLP using Form 24 usually takes 3 to 6 months from start to finish. The pre-filing prerequisites take a few weeks, the actual filing takes a couple of days, and the C-PACE review, along with the mandatory 30-day public notice, takes 2 to 4 months.

Can an LLP be closed if it never started business?

Yes, an LLP can be closed even if it never started business, and the process is actually simpler. You can skip filing Income Tax Returns and certain compliance forms. You will, however, still need a CA-certified Statement of Accounts, notarized affidavits, an indemnity bond, and the standard Form 24 attachments.

What happens if an LLP is not closed properly?

An LLP that is not formally closed keeps accruing penalties of ₹100 per day, per form, with no upper limit. Designated partners remain liable for filing Form 8, Form 11, and Income Tax Returns every year. These dues can also block partners from registering new businesses or holding director positions later.

Who can sign and certify LLP Form 24?

LLP Form 24 must be digitally signed by the authorized designated partner using their Digital Signature Certificate (DSC). It also requires digital certification from a practicing Chartered Accountant, Company Secretary, or Cost Accountant. Without both signatures, the MCA portal will not accept the submission.

What is the difference between a Small LLP and other LLPs for Form 24 fees?

A Small LLP has a contribution of up to ₹25 lakh and a turnover of up to ₹40 lakh in the preceding financial year. Small LLPs pay only ₹500 to file Form 24, while all other LLPs pay ₹1,

The MCA portal calculates the fee automatically based on your LLP’s category. 8. Can a closed LLP be revived after closure?

Yes, a closed LLP can be revived through the National Company Law Tribunal (NCLT) within 20 years of being struck off. The applicant must file a petition explaining why the closure was incorrect or why revival is necessary. The NCLT can order the MCA to restore the LLP’s name to the register.

Do I need to cancel GST registration before closing an LLP?

Yes, you must cancel the LLP’s GST registration before filing Form 24, especially if the LLP was registered under GST. Continuing GST registration after closure can lead to compliance issues, return-filing notices, and rejection of the Form 24 application due to unresolved statutory dues.

What are the most common reasons C-PACE rejects Form 24 applications?

C-PACE most commonly rejects Form 24 applications due to expired Statements of Accounts, mismatched cessation dates, unfiled Form 8 or Form 11 returns, and incorrect stamp paper values on affidavits. Open bank accounts, expired DSCs, and missing creditor NOCs are other frequent rejection triggers.

Can an LLP with liabilities file Form 24?

No, an LLP with outstanding liabilities cannot file Form

The LLP must clear all debts, vendor dues, statutory payments, and tax liabilities before applying. C-PACE will reject the application if any liability is found during review. Settle every due first, then proceed with the closure process. 12. Is Form 24 mandatory for LLP strike off?

Yes, Form 24 is mandatory for any LLP that wants to voluntarily apply for removal from the MCA register. It is the only prescribed application format under Rule 37(1)(b) of the LLP Rules,

Without filing Form 24, an LLP cannot initiate a voluntary closure with the MCA. 13. What is C-PACE, and when did it start handling LLP closures?

C-PACE (Centre for Processing Accelerated Corporate Exit) is a centralised office established by the MCA to streamline corporate exits. For LLPs, C-PACE became the single authority for processing Form 24 strike-off applications from 27 August 2024 (notified via G.S.R. 475(E) dated 5 August 2024). Before this, individual Registrars handled LLP closures, leading to inconsistent timelines. Under C-PACE, the typical closure timeline is now standardised at 3–6 months with a “first-time-right” approach — applications with errors are rejected outright.

How do I check if my LLP qualifies as a “Small LLP” for the ₹500 government fee?

Under Section 2(1)(ta) of the LLP Act, 2008, an LLP qualifies as a Small LLP if its contribution does not exceed ₹25 lakh AND its turnover in the preceding financial year does not exceed ₹40 lakh. Both conditions must be met. Small LLPs pay ₹500 for Form 24, while all other LLPs pay ₹1,

The MCA portal calculates the fee automatically based on the LLP’s category at the time of filing. 15. Can I file Form 24 if my LLP never commenced business?

Yes. If your LLP never commenced business after incorporation, the closure process is actually simpler. You can skip the Income Tax Return filing requirement, but you still need: (1) a CA-certified Statement of Accounts showing NIL balances, (2) notarised affidavits from all designated partners declaring non-commencement of business, (3) an indemnity bond, (4) bank closure certificates if any account was opened, and (5) the standard Form 24 attachments. Form 8 and Form 11 must still be filed if the LLP has been registered for more than one financial year.

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Compliance Limited Liability Partnership ( LLP )

How to Close an LLP in India: Form 24 Procedure, Documents & Fees

Srihari Dhondalay

Updated:May 2, 2026

14 min read

how to close an llp in india using form 24

To close an LLP in India in 2026, designated partners must file Form 24 with the Ministry of Corporate Affairs (MCA) under Rule 37(1)(b) of the LLP Rules, 2009. The application is processed by the Centre for Processing Accelerated Corporate Exit (C-PACE), which became the centralised authority for all LLP strike-off applications from August 27, 2024. The complete closure process takes 3 to 6 months and costs between ₹500 and ₹1,000 in government fees (₹500 for Small LLPs, ₹1,000 for other LLPs), plus ₹4,000 to ₹25,000 in professional fees.

An LLP can be closed voluntarily under Section 75 of the LLP Act, 2008 if it has been inactive for at least one year, has no outstanding liabilities, and has all annual filings (Form 8, Form 11, ITR) up to date. Once C-PACE strikes off the LLP, the entity stands legally dissolved, partners exit all future statutory compliance obligations, but remain personally liable for any pre-closure dues under the indemnity bond.

This 2026 guide walks you through the complete closure procedure, eligibility, documents required, step-by-step Form 24 filing on the MCA portal, the new C-PACE process, common rejection reasons, costs, timelines, and how Form 24 compares with other LLP closure routes.

How to Close an LLP in India at a Glance

Detail	Information
Closure Form	LLP Form 24
Governing Law	Section 75 of the LLP Act, 2008 + Rule 37(1)(b) of the LLP Rules, 2009
Processing Authority	C-PACE (Centre for Processing Accelerated Corporate Exit) — since August 27, 2024
Government Fee	₹500 for Small LLPs / ₹1,000 for other LLPs
Total Cost	₹4,000 – ₹25,000 (including professional fees)
Timeline	3 to 6 months end-to-end
Public Notice Period	30 days (mandatory)
Required Approval	Unanimous consent of all designated partners
Mandatory Pre-filing	Form 8, Form 11, ITR up to the financial year of cessation
Statement of Accounts	CA-certified, not older than 30 days, showing NIL assets/liabilities
Filed via	MCA Portal — digitally signed by authorised designated partner

What is LLP Form 24?

LLLP Form 24 is the official application filed with the Ministry of Corporate Affairs (MCA) to request the closure of a Limited Liability Partnership (LLP) and remove its name from the MCA register. The legal framework operates on two pillars: Section 75 of the LLP Act, 2008, authorises the Registrar to strike off a defunct LLP, while Rule 37(1)(b) of the LLP Rules, 2009 prescribes the procedure and required attachments.

Primary Purpose: Removing the LLP’s name from the MCA register
Outcome: The entity dissolves; partners exit all future statutory compliance obligations tied to the LLP
Filed by: Authorised designated partner with DSC, certified by a practising CA / CS / CMA

Once the MCA accepts the form and the 30-day public notice period passes without valid objections, the LLP no longer needs to file annual returns (Form 8, Form 11), maintain books, or pay statutory dues going forward.

C-PACE: The August 2024 Modernisation

Through Notification G.S.R. 475(E) dated 5 August 2024, the MCA appointed the Centre for Processing Accelerated Corporate Exit (C-PACE) as the single, central authority for processing all Form 24 LLP closure applications. The new system became effective from 27 August 2024 and replaced the earlier decentralised model, where individual Registrars processed strike-off applications, leading to inconsistent timelines.

C-PACE has standardised LLP closure to 3–6 months end-to-end, with a “first-time-right” approach — applications with even minor errors are rejected outright, requiring re-filing. Use a complete pre-filing checklist to avoid rejection.

Note: C-PACE requires accurate and complete applications. Hence, even minor errors can lead to rejection.

Who is Eligible to Close an LLP via Form 24?

Before filing Form 24 with C-PACE, the LLP must meet all of the following eligibility conditions under Rule 37 of the LLP Rules, 2009. Even a single unmet condition will result in rejection by C-PACE:

Remain inactive for at least one year or do not start any business operations.
Clear all outstanding debts, dues, and tax liabilities before filing the application.
Have the unanimous consent of all designated partners.
File Form 8, Form 11, and income tax returns up to the financial year of cessation.
Close all bank accounts and obtain official closure certificates from the bank.
Not have any pending litigation, legal proceedings, or prosecution at the time of filing.
File its LLP Agreement with the MCA, either earlier or along with the closure application.

C-PACE will reject the application if your LLP fails any single condition. For complex cases involving pending compliance, settle all dues and complete pending filings (Form 8, Form 11, ITR) before initiating Form 24; retroactive corrections post-rejection are time-consuming.

Documents Required for LLP Form 24

A complete document set is essential for filing Form 24. These include:

Document	Requirement
Statement of Accounts (STK-8 equivalent)	Showing NIL assets and liabilities. CA-certified, dated not more than 30 days before filing Form 24.
Affidavit	Signed and notarised by each designated partner on non-judicial stamp paper, declaring no business activity and no liabilities.
Indemnity Bond	Executed by all designated partners on stamp paper, indemnifying any future claims against the LLP.
Consent Letter	Signed by all partners approving the closure of the LLP.
Income Tax Return Copy	Required only if the LLP filed any returns. Skip if the LLP never commenced business.
LLP Agreement	Initial agreement and any amendments (if not earlier filed with the MCA).
Bank Closure Certificate	Issued by the bank confirming all LLP-linked accounts are closed.
NOC from Creditors	Required only if creditors exist (rarely applicable at the closure stage).
Authorisation Letter	Signed by partners authorising one designated partner to file Form 24 on behalf of the LLP.
PAN Card of LLP	Copy of the LLP’s PAN card.
Class 3 DSC	Active Class 3 Digital Signature Certificate of the authorised designated partner.

Pro tip: The CA-certified Statement of Accounts has only a 30-day shelf life — plan your filing carefully so the document doesn’t expire mid-process.

How to File LLP Form 24 Online? Step-by-Step LLP Closing Procedure

Before beginning the procedure to close an LLP in India via LLP Form 24, the entity must complete these prerequisites:

Pass resolution of all partners authorizing closure.
Settle all outstanding liabilities and statutory dues.
Close all bank accounts and obtain closure certificates.
File pending Form 8, Form 11, and Income Tax Returns.
Obtain a CA-certified Statement of Accounts showing NIL balances.
Prepare notarized affidavits and an indemnity bond signed by all designated partners.

Once you complete these prerequisites, follow the process below to file LLP Form 24 on the MCA portal:

Step 1: Log in to the MCA V3 Portal

Visit the MCA V3 portal and log in with your registered credentials.
Navigate to MCA Services → LLP Services → LLP Forms → Form 24.

Estimated Timeline: Same day

Step 2: Fill in LLP Details on Form 24

Enter the LLP name, LLPIN, and registered office address.
Mention the date of cessation of commercial activity.
Specify the reason for closure as required in the form.

Estimated Timeline: 1 day

Step 3: Attach the Required Documents

Upload all prerequisite documents in the prescribed PDF format.
Double-check the file size and naming conventions to avoid upload errors.

Estimated Timeline: 1 day

Step 4: Sign the Form Digitally

Sign Form 24 using the Digital Signature Certificate (DSC) of the authorized designated partner.
Get the form digitally certified by a practicing CA, CS, or CMA.

Estimated Timeline: 1 day

Step 5: Pay the Filing Fee and Submit

Pay the prescribed LLP closing charges: ₹500 for Small LLPs or ₹1,000 for other LLPs.
Submit the form and download the acknowledgment receipt for your records.

Estimated Timeline: Same day

Step 6: C-PACE Review and Public Notice

C-PACE reviews the application for completeness and accuracy.
The MCA publishes a 30-day public notice inviting objections from the public.
C-PACE strikes the LLP’s name from the register if no objections are received.

Receive a final closure confirmation from the MCA.

Estimated Timeline: 2 to 4 months

The complete filing of LLP Form 24 and closing an LLP in India takes around 3-6 months.

Note: The total LLP Form 24 fee typically ranges between ₹4,000 and ₹25,000, depending on professional charges for CA certification, notarization of the affidavit, and indemnity bond.

What Happens After the LLP is Closed?

Once C-PACE removes the LLP from the register, several legal and operational changes follow:

All LLP annual compliance and reporting requirements come to an end.
The LLP’s PAN and TAN become inactive and cannot be used for any future transactions.
Designated partners remain personally liable for any undisclosed liabilities existing before closure, as covered under the indemnity bond.
Partners can start a new LLP, private limited company, or any other business entity without restriction.
The LLP must retain all closure-related records for at least 8 years for future reference.

Cost of Closing an LLP via Form 24 (2026)

The total cost of closing an LLP in India in 2026 typically ranges between ₹4,000 and ₹25,000, depending on the LLP’s category, professional fees, and any pending compliance dues:

Cost Component	Indicative Amount (2026)
Government fee — Form 24 (Small LLP)	₹500
Government fee — Form 24 (Other LLP)	₹1,000
Stamp duty on an indemnity bond	₹100 – ₹500 per designated partner (state-dependent)
Stamp duty on affidavit	₹50 – ₹200 per designated partner (state-dependent)
CA certification of Statement of Accounts	₹2,000 – ₹5,000
Notarisation of affidavits	₹100 – ₹300 per affidavit
Professional / consultant fee	₹2,000 – ₹15,000
Total indicative range	₹4,000 – ₹25,000

Form 24 vs Other LLP Closure Routes

Form 24 is not the only way to close an LLP in India. The right route depends on whether:

LLP is dormant,
Has assets and liabilities, or
Being closed under tribunal orders.

Here is how the three routes to close an LLP in India compare:

Parameter	Form 24 (Fast-Track Exit)	LLP Strike Off	LLP Winding Up
Best suited for	Dormant or never-commenced LLPs	Inactive LLPs with minimal assets/liabilities	LLPs with active operations, assets, or unsettled debts
Initiated by	Designated partners (voluntary)	Designated partners or the Registrar	Partners, creditors, or the tribunal (NCLT)
Governing law	Section 75, LLP Act 2008 + Rule 37(1)(b)	Section 75, LLP Act 2008	LLP Act 2008 + Winding-Up & Dissolution Rules, 2012
Authority	C-PACE	C-PACE	National Company Law Tribunal (NCLT)
Process complexity	Low, document-driven, and fully online	Moderate, LLP strike-off process is compliance-heavy and requires possible follow-ups	High, LLP winding up process involves tribunal proceedings
Approximate timeline	3 to 6 months	4 to 8 months	1 to 2 years
Approximate cost	₹4,000 – ₹25,000	₹15,000 – ₹50,000	₹50,000 – ₹2,00,000+

If your LLP is fully dormant with no assets or liabilities, Form 24 is the fastest and most cost-effective option.

Common Challenges in LLP Closure and How to Overcome Them

Closing an LLP company through Form 24 often looks simple, but practical issues can delay or derail the process. Here are some common challenges encountered during LLP closure:

1. Pending compliances and overdue filings: Missing Form 8, Form 11, or ITR leads to rejection at C-PACE. Complete all pending MCA and tax filings before initiating Form 24.

2. Unsettled liabilities and hidden dues: Even minor GST, TDS, or vendor dues can block LLP closure. Conduct a full financial review and clear all statutory and third-party dues.

3. Incomplete documentation or format errors: Missing signatures or wrong formats often trigger rejection. Follow a checklist and verify formats before uploading documents.

4. Objections during public notice period: Creditors may raise objections during the 30-day C-PACE notice. Ensure all liabilities are cleared and maintain transparent records.

Conclusion

Closing an LLP in India in 2026 is a structured, 3–6 month process that begins with clearing all pending Form 8, Form 11, and ITR filings, settling outstanding liabilities, and obtaining unanimous designated partner consent. The actual filing, Form 24 with C-PACE on the MCA V3 portal, costs ₹500 to ₹1,000 in government fees plus ₹4,000 to ₹25,000 in professional charges. Once C-PACE strikes off the LLP, designated partners are released from future compliance obligations but remain personally liable for any pre-closure dues under the indemnity bond.

Close Your LLP with RegisterKaro

Form 24 looks simple, but C-PACE follows a “first-time-right” approach, and most rejections happen because of expired Statements of Accounts, mismatched cessation dates, unfiled Form 8 / 11 / ITR, or incorrect stamp paper values. RegisterKaro has handled hundreds of LLP closures with a 95%+ first-time approval rate, end-to-end across:

Reviewing pending compliance (Form 8, Form 11, ITR)
CA-certified Statement of Accounts
Drafting affidavits, indemnity bonds, and consent letters
Filing Form 24 via C-PACE on the MCA V3 portal
Coordinating C-PACE follow-ups and the 30-day public notice period

Talk to our experts today to close your LLP right the first time!

Srihari Dhondalay

Srihari Dhondalay is a Chartered Accountant and Co-Founder at RegisterKaro with over 7 years of experience in financial strategy, taxation, and business advisory. Before co-founding RegisterKaro, he honed his expertise at KPMG and Angel Broking, working across audit, tax planning, and corporate finance. Having cleared the CA Final, IPCC, and CPT exams, Srihari now focuses on helping early-stage founders make smarter financial decisions, from GST structuring to fundraise-ready bookkeeping. He has personally advised over 1,000 startups and SMEs across India.