Know all about LLP Amnesty Scheme, 2020

Know all about LLP Amnesty Scheme, 2020

Know all about LLP Amnesty Scheme, 2020

LLP Settlement Scheme, 2020 is being introduced in order to provide a single-window to defaulting LLPs that have failed to abide by the statutory compliance window in the past.


  • The scheme shall be effective from March 16, 2020, till June 13, 2020.
  • Defaulting LLPs are covered that are registered under the LLP Act, 2008 and have defaulted in the filing of certain documents before ROC till October 31, 2019.
  • A nominal additional fee of INR 10/- per day for the period of delay, subject to a maximum amount of INR 5,000/- as the additional fee per document.

Type of Forms covered:

The Scheme shall apply to the following overdue documents:

  • Form-3–Limited liability partnership agreement and changes, if any, made therein;
  • Form-4– Notice of appointment, cessation, change in name/ address/designation of a designated partner or partner and consent to become a partner/designated partner;
  • Form-8– Statement of account & solvency (Annual or Interim); and
  • Form-11– Annual Return.


The Scheme shall not apply to the filing of the following documents:-

  • LLPs that have applied Form 24 with ROC for name strike off from the register
  • LLPs that defaulted in filing documents after October 31st, 2019.

Benefits under the Scheme:

Defaulting LLPs opting for the Scheme shall be entitled to the following benefits:

  • No criminal prosecution by Registrar on the covered defaults;
  • The concessional penalty of only INR10 per day as against the earlier penalty of INR 100 per day for each day of delay;
  • Capping of penalty to a maximum of INR 5,000. This is especially beneficial to defaulting LLPs that have not filed their documents for years.

HOW ASC Group can support?

  • Our experienced managers can support in availing benefits under the LLP Amnesty Scheme, 2020.
  • Our secretarial team provides customized and practical solutions for all corporate law-related matters.


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