LLP Form 31
Application for Compounding of an Offence
Due: Filed once the offence is identified — no fixed annual deadline
Form 31 is the application an LLP or its designated partner files to compound — settle by payment, rather than through prosecution — an offence committed under the LLP Act, 2008. This is filed under Section 39 of the Act.
Compounding only applies to offences that carry a fine, or a fine with an option of imprisonment. Offences punishable with imprisonment alone, or imprisonment without a fine option, can't be compounded this way. Offences carrying only a fine are compounded by the Registrar; the more serious ones need a Special Court's approval.
This typically comes up after the LLP has missed a filing deadline badly enough, or triggered another compliance lapse, that the Registrar has flagged it as an offence rather than a routine late fee matter. The LLP or FLLP applying must already have a valid LLPIN or FLLPIN. Given the legal stakes, this is one to file with your company secretary or a compliance professional rather than attempting solo — the compounding amount and the underlying offence classification both need to be right the first time.