Add/Remove a Partner in LLP

AGRAWAL KANHERE ASSOCIATES

Add/Remove a Partner in LLP

All you need to know

Every LLP must have at least two Designated Partners who are natural persons and at least one of them shall be resident in India. The LLP deed specifies who are to be Designated Partners and the responsibility of doing all acts, things and matters as are required under the LLP Act vests with the Designated Partners and they are concerned with the overall administration of LLP. A Designated Partner can be removed in LLP or added in LLP by passing a resolution and filing relevant forms with the Registrar of Companies.

Mandatory requirements for appointment of Designated Partners are valid Digital Signature Certificate (DSC), Designated Partner Identification Number (DPIN) and Consent Letter from proposed Designated Partner. DPIN is similar to DIN in case of Directors of Companies. You may read the DIN Application to understand how to apply for DPIN. DPIN can be obtained for any person above the age of 18. Indian National, Non-Resident Indians, and Foreign Nationals can be appointed a Designated Partner in India.

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How to Appoint a Designated Partner

5 Easy Steps

1

DSC Application

2

DIN Application

3

Signed Consent Letter

4

Filing of Form 3 & 4

5

Appointment is done

LLP Supplementary Deed & Resolution

CA Agrawal's team of experts will help you complete all the documentation needed for adding or removing a Designated Partner. We will draft and prepare the supplementary deed and board resolution for appointment of designated partner in llp.

Application for DSC & DIN

We will apply for your DSC & DPIN. DPIN is Designated Partner Identification Number, which is a mandatory requirement for appointment/ adding of DP. Once the same is allotted to you, we will obtain consent letter in its prescribed format.

Form 3 and Form 4 Filing

Once documentation is ready along with DIN, DSC, Consent letter and Supplementary Deed we will file Form 3 & Form 4 with Ministry. Once filed successfully, we will share acknowledgment with you over your registered email ID.

FAQs On Add/Remove a Partner in LLP

Get answers to all your queries

Every Limited Liability Partnership shall have at least two Designated Partners who are individuals and at least one of them shall be a resident in India. Requirement of Digital Certificate and Designated Partner Identification Number is also a mandatory requirement.
A LLP must have at least two Designated Partners and there is no limit to maximum number of Designated Partners.
Any Partner may become a Designated Partner by and in accordance with the LLP agreement. Manner of appointment of both regular partner and Designated Partner are similar. The procedure of appointment of Partners and Designated Partner includes change in LLP Agreement and filing of e-forms to MCA.
Every partner shall inform the LLP of any change in his name or address within a period of fifteen days of such change. The LLP, in turn, would be under obligation to file such details with the Registrar within thirty days of such change in Form 4.
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