Adding a Designated Partner

Every Limited Liability Partnership must have at least two designated partners. To add a designated partner, a resolution needs to be passed. He must have a DPIN and his name must be amended in the LLP agreement.

Adding a Designated Partner

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 partner agreement.

These are easy to apply and the compliances are lesser when compared to other types of company registrations.

There is no maximum limit on a number of partners.

There is also no restriction on joining and leaving an LLP. One can easily join or leave it.

The ownership can also be transferred from one person to another without much difficulty.

Documents required

DSC (Digital Signature Certificate)

DIN (Director Identification Number).

Passport (If the applicant is from another nation).

Supplementary Deed for the new partner

The Original LLP deed (To be submitted within 30 days of the addition of designated partner)

Form 3 and Form 4 have to be submitted as per the stated procedure

Procedure for Adding Designated Partners in LLP

Step 1

DIN and DSC have to be obtained and processed for adding a designated partner. We will obtain its consent letter.

Step 2

Through the partnership deed, the decision to add a designated partner will take place in a meeting.

Step 3

The new partner’s name will be added to the supplementary partnership deed.

Step 4

We help you draft the partnership deed.

Step 5

Following the appointment, within 30 days, the new partner must file form-4. You must submit this form along with both the additional and original deed.

Step 6

After this process, form-3 should be filed and processed along with the partnership deed within 30 days of the appointment.

Step 7

Once all the procedures are done, the new designated partner’s name will be added to the LLP and viewed in the MCA (Ministry of Corporate Affairs) website.

Step 5

Following the appointment, within 30 days, the new partner must file form-4. You must submit this form along with both the additional and original deed.