Adding a Designated Partner

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Adding a Designated Partner

For every Limited Liability Partnership (LLP), at least two individuals who will be designated partners are a must. A designated Partner Identification Number will be provided to these individuals. The LLP agreement must highlight their names.

Procedure for Adding a Designated Partner

• The designated partner should apply for a Designated Partner Identification Number if he does not have one. If he already has a DPIN, the same number can be re-used.
• A resolution will be passed to approve the appointment of the designated partner.
• Form 4 should be filed for change in partner and form 3 for changes in LLP Agreement.