The Limited Liability Partnership (LLP) Agreement is the charter of the LLP, similar to the Memorandum of Association and Articles of Association for a private limited company. It defines the scope and extent of the LLP's operations as well as the rights, duties, obligations of the partners.

Altering the agreement is straightforward. Following steps should be followed while altering LLP agreement:

Step 1 :- A resolution needs to be passed to revise the LLP agreement.

Step 2 :- Form 3 is to be filed with the Registrar within 30 days of passing the resolution.