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LLP capital

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(Querist)
21 April 2021 SIR,
We incorporated a LLP by filing LLP form registration with capital as 1,00,000.Form 3 need to be filed with 30 days of incorporation .So can we file the agreement with capital contribution as ten lakhs instead of one lakh as the partners are ready to bring ten lakhs now but at the time of incorporation it was shown as 1 lakh. whether it is possible to file the agreement by ten lakhs?
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CS JAY GOHIL

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CS JAY GOHIL (Expert)
22 April 2021 no its not possible. first u have to file initial agreement with 1.lacs than file supp agreement with 10 lacs
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