fbpx

Stamp Duty On Llp Agreement In Madhya Pradesh

Therefore, stamp duty on an LLP agreement depends on the state in which it is registered and the amount of the capital contribution. It can be paid in two ways, by buying extrajudicial stamp paper or by francizing the bank`s contract. The agreement must be submitted to the MCA within 30 days of its creation. MCA charges a fee for late filing of paragraph 100/ – per day for filing an agreement after the due date. The LLP agreement must be printed on out-of-court stamp paper. Once printed on stamp paper, it must be signed by the LLP partners and certified notarized. The value of the stamp document on which the LLP agreement is to be printed or the stamp duty to be paid on the LLP agreement depends on the state of establishment and the amount of the partners` capital contribution. An LLP operates in accordance with the agreement. In the event of a dispute, it will be resolved in accordance with the applicable provisions of an LLP agreement.