Winding up of a Limited Liability Partnership (LLP) involves the process of closing down its operations and liquidating its assets to pay off its debts and liabilities. Here’s an overview of the process:

1. **Decision to Wind Up**: The partners of the LLP must decide to wind up the LLP voluntarily or as per the orders of the National Company Law Tribunal (NCLT) in case of insolvency or other legal reasons.

2. **Appointment of Liquidator**: Once the decision to wind up is made, a liquidator is appointed to oversee the winding-up process. The liquidator can be a partner of the LLP, a professional, or a firm specializing in liquidation.

3. **Meeting of Partners**: A meeting of partners is convened to approve the decision to wind up and to pass necessary resolutions regarding the appointment of a liquidator and other procedural matters.

4. **Public Announcement**: A public announcement regarding the winding up of the LLP is made in newspapers and the Official Gazette to invite claims from creditors.

5. **Settlement of Debts and Liabilities**: The liquidator is responsible for collecting outstanding debts, selling assets, and using the proceeds to settle the debts and liabilities of the LLP.

6. **Filing of Forms with Registrar**: The LLP is required to file various forms and documents with the Registrar of Companies (RoC) to initiate the winding-up process and inform about the appointment of a liquidator.

7. **Closure of Bank Accounts and Cancellation of Registrations**: The LLP’s bank accounts are closed, and its registrations with various authorities are canceled once the winding-up process is completed.

8. **Distribution of Surplus**: If there are any surplus funds remaining after settling all debts and liabilities, they are distributed among the partners in accordance with their profit-sharing ratios.

9. **Dissolution**: After settling all affairs, paying off creditors, and distributing surplus funds (if any), the LLP is dissolved, and its name is struck off from the register maintained by the RoC.

10. **Final Filings**: The liquidator files the necessary documents with the RoC to obtain the final dissolution certificate and formally close the LLP.

It’s important to follow the legal requirements and procedures outlined in the Limited Liability Partnership Act, 2008, and other relevant regulations while winding up an LLP to ensure compliance and avoid legal complications. Additionally, seeking professional advice from legal and financial experts is advisable during the winding-up process.