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APPOINTMENT AND RESIGNATION OF DESIGNATED PARTNER

CA Sandip Sarda (S. D. Sarda and Company) (59 Points)

19 October 2020

Hello,

We are wiling to admit one designated partner in place of an outgoing partner.

Please help me with process to be followed.

Thanks in advance

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2 Replies

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (5148 Points)
Replied 19 October 2020

Process for adding designated partners

The person proposing to become a Designated Partner must obtain a digital signature certificate and Director Identification Number (DIN).
Once the DIN is allotted to the proposed Designated Partner, get the Consent letter from him/her in Form 9.
Pass a resolution for appointment of Designated Partner.
File Form 4 within 30 days after the new partner is added to the LLP.
In case of an existing LLP, execute a Supplementary Agreement and file the same in Form 3.

Documents required