After targeting over 200,000 shell firms, govt is trying to weed out LLPs

An LLP is a company in which partners are not always responsible for each other's actions

After striking over 200,000 ‘shell’ firms off the records, the government is now trying to weed out limited liability partnerships (LLPs). The Ministry of Corporate Affairs has sent notices to 7,775 LLPs for not filing annual returns for at least two consecutive years, according to officials. 

At the same time, registrars of companies (RoCs) across the country are striking off LLPs in their respective jurisdiction for not conducting any business. More than 1,700 LLPs have been struck off by the RoC Mumbai and 1,100 by the RoC Delhi in recent months. Other RoCs, such as Pune, Kerala, Coimbatore, Chhattisgarh and