LLP Agreement Drafting in Vadodara

e-Stamp

The filing deadline is real

Form 3, within thirty days of incorporation.

An LLP agreement is filed with the Ministry of Corporate Affairs in Form 3 within thirty days of the date of incorporation. Later changes — a partner joining or leaving, a change in capital or profit share — are filed in Form 3 within thirty days of the change. Missing the window carries consequences, so the agreement should be drafted alongside incorporation rather than after it.

What the agreement governs

Absent an agreement, the default provisions of the LLP Act apply — and they are rarely what the partners would have chosen. The agreement should deal with contribution and how it may be varied; profit sharing; which partners are designated partners and what they are responsible for; management and decision-making, including what requires unanimity; admission, resignation and expulsion; the valuation and payout of an outgoing partner\u2019s interest; restrictions on competing activity; confidentiality and intellectual property; dispute resolution; and dissolution and winding up.

LLP or partnership firm?

An LLP gives limited liability and a separate legal personality, at the cost of MCA filings and annual compliance. A traditional partnership firm is simpler and cheaper to run but the partners are personally liable. Which is right depends on what the business does, what it is worth, and who it deals with — worth a conversation before incorporation rather than a conversion afterwards.

On stamp duty.

We do not publish duty figures on this website. The Gujarat Stamp Act, 1958 was amended in 2025 and several articles were restructured; a rate printed on a web page goes stale and costs somebody money. As a Government authorised e-Stamping centre we confirm the duty currently prescribed for your specific document and issue the e-stamp against it, at face value. The notarial fee is separate and capped by law — ₹35 to attest execution, ₹35 to administer an oath or take an affidavit, under Rule 10(1) of the Notaries Rules, 1956. The full fee table →

Drafted here, in Gujarati or English

Drafted by an advocate of 35+ years rather than filled into a downloaded template, e-stamped at a Government authorised centre, and notarised in the same visit. If the parties read Gujarati, the document is drafted in Gujarati — not translated out of an English form, because legal Gujarati has its own settled vocabulary and a literal translation frequently means something looser.

What to bring

Certificate of incorporation and LLPIN
DPIN/DIN and photo ID for every partner
Agreed contribution of each partner
Agreed profit sharing ratio
Which partners are to be designated partners
The registered office address with premises proof and owner NOC

Partnership Deed — ભાગીદારી કરારભાગીદારી કરાર

Deed of Retirement of a Partnerભાગીદારીમાંથી નિવૃત્તિ

Non-Disclosure Agreement (NDA)ગોપનીયતા કરાર

Documents

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Common questions

When must the LLP agreement be filed?

In Form 3 with the MCA within thirty days of the date of incorporation. Subsequent changes are also filed in Form 3, within thirty days of the change.

Can we use a standard LLP agreement?

You can file one, and many do. Whether it serves you is another matter — the clauses that decide real disputes are the ones a standard form leaves generic: how an outgoing partner's interest is valued, what needs unanimous consent, and what happens on deadlock.

We already have a partnership firm. Can we convert?

Conversion is possible and is a distinct process with its own documentation, and where immovable property moves as part of it, registration comes into the picture. Bring the existing deed and the firm's registration details and we will set out what is involved.

LLP Agreement