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Jayanta Bandyopadhyay   09 January 2025

Closure of llp & sramp paper in whose name

One LLP is being shut.

Have 2 designated partner  & 1 partner.

For buying stamp paper [ indemnity & affidavit to be executed by each partner] whether stamp paper will be in LLP's name or Individual partner, as ultimately individually partner will be executing [ MCA].

Please advise. 

My reading - Individual name



Quick Summary
This discussion addresses a common query during LLP closures: in whose name should stamp paper for indemnity and affidavit documents be purchased. The consensus leans towards using individual partners' names, especially when the LLP is no longer active or in the process of being shut down. An additional point raised is the difficulty in obtaining stamp paper in Kolkata due to a vendor strike, seeking alternative solutions.

 3 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     09 January 2025

The stamp paper in the name of LLP shall be purchased.

Dr. J C Vashista (Advocate )     10 January 2025

When LLP do not exist (state to have been "shut") it (stamp paper) has to be purchased in the name of individual.

Jayanta Bandyopadhyay   10 January 2025

Thanks. Sir 

Due to ongoing vendors strike ,stamp paper is not available in Kolkata over 3 weeks. Any alternative window is there?


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