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Would LLP be struck off automatically if there is no transaction for 1 year

No. A LLP is not stuck if it does not do any business.

Whether the LLP does business or not, it is supposed to complete the applicable compliances like any other LLP in business. The penalties for not filing these compliances or the delay in filing are on a per day basis and pile up, in case of any delay.

Last year there were cases whe...

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