Business structure | Closure procedure permitted by |
Sole proprietary | There is no specific authority to apply to for closure of the business apart from settling all liabilities, taxes and applying for cancellation of statutory registrations obtained. |
Partnership firm | The partners must submit a signed dissolution deed to the Registrar of Firms for closing the firm apart from settling all liabilities, taxes and applying for cancellation of statutory registrations obtained. |
Limited liability partnership (LLP) | A LLP may be wound-up by: - declaring |
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