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Sometimes LLP wants to amend its object to expand its business either by adding more new activities to the new one or by removing some existing activities. They can make this changes only by recording it in an agreement and every changes in the agreement should be approved by MCA.

Reasons for amendment of LLP object

  1. When an LLP buys out a firm who is carrying a different business activity.
  2. When an existing business activity is banned under law.
  3. When the partners want to change the complete business activity.
  4. When the partners want to add a new object and that object is not in the existing firm then they need to carry on different business activities.

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