Application for cancellation of assumed limited liability partnership 2025

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An application for voluntary striking off may be made by a majority of the members. However, if there are only 2 members it must be made by both of them and if there is only 1 remaining member that member can apply.
To ensure your name is removed from all LLP obligations, you should: File a statement of dissolution with the state. Notify all creditors, clients, and suppliers in writing. Update all business registrations, licenses, and permits. Amend or terminate any contracts or leases that list you as a partner.
The following procedure can be followed for closing a LLP by filing Form 24: Step 1: Cease Commercial Activity. Step 2: Close Bank Account(s) Step 3: Prepare Affidavits Declaration. Step 4: Prepare Documents. Step 5: File Any Pending Documents. Step 6: Obtain Chartered Accountant Certificate. Step 7: File LLP Form 24.
Provide written notification to the LLC of your intent to remove yourself. Receive what interest in the company you are due. (The other members are required to buy you out in line with the Articles of Organization and your share of ownership in the business.)