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of <h1>LLPs Must File Annual Returns Within 60 Days Post-Financial Year End to Avoid Hefty Fines; Section 34 Applies.</h1> Every limited liability partnership (LLP) is required to file an annual return with the Registrar within sixty days after the end of its financial year, in the prescribed form and manner, and with the applicable fee. Failure to comply results in a fine ranging from twenty-five thousand to five lakh rupees for the LLP. Additionally, the designated partner of the non-compliant LLP may face a fine ranging from ten thousand to one lakh rupees.
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