ADDING A DESIGNATED PARTNER

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ADDING A DESIGNATED PARTNER

Every limited liability partnership must have at least two designated partners.

ADDING A DESIGNATED PARTNER

In case of a Limited Liability Partnership (LLP), at least two individuals who are partners shall act as designated partners. These partners must have a Designated Partner Identification Number and their names must feature in the LLP agreement.

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3 WORKING DAYS

If the proposed designated partner does not have Designated Partner Identification Number, the applicant should apply for one. If the partner already has a DPIN, the same can be used.

4 WORKING DAYS

A resolution needs to be passed, approving the appointment of the designated partner, form 4 needs to be filed for change in partner and form 3 for amendment in LLP Agreement.