LLP or Limited Liability Partnership Act 2008 governs the procedure for winding up of the LLP. It is a new form of business entity and it enjoys audit exemption if the annual turnover is less than Rs. 40 lakhs and the capital contribution is less than 25 lakhs. There are two ways of winding up of LLP first is voluntary winding up and second is winding up by tribunal.
a. Statement of assests and liabilities for the time period from last accounts closure to the date of winding up of LLP attested by atleast two partners.
b. Report of valuation of assests
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