No Concept of Renewal

• LLPs in India do not require periodic renewal like licenses

• Once incorporated, LLP remains active until it is legally closed

• Continuity depends on annual compliance, not formal renewal

• No expiry date is issued with LLP registration

• Status remains “Active” if filings are up to date

Non-Compliance Consequences

• Failure to file Form 8 and Form 11 attracts daily late fees

• MCA imposes ₹100 per day penalty for each delayed form

• LLP may be marked as “Defaulting LLP” in government records

• Continuous non-compliance damages legal and financial credibility

• Late filings also restrict future transactions and changes

Risk of Strike-Off

• Registrar may strike off LLP after prolonged non-filing

• Strike-off is initiated under Rule 37 of LLP Rules 2009

• Notice is issued to LLP before removal from register

• Partners must respond or face legal dissolution of entity

• Revival process becomes complex and costly later

Impact on Partners

• Designated partners may be disqualified under MCA norms

• Personal penalties can apply for persistent defaults

• Partners may face issues forming or joining other entities

• Credit score and business reputation can be negatively affected

• Legal liability continues even if LLP is inactive or struck off

Steps for Restoration

• LLP can file overdue forms with additional fees for revival

• Application under Form 8, 11, and Form 22 may be needed

• Partners may approach NCLT for restoring LLP if struck off

• Updated filings and penalty payment are mandatory for revival

• Regular compliance avoids disruption and legal complications