what is the minimum no. of director required in LLP?
nehe agarwal (ca) (48 Points)
03 July 2012what is the minimum no. of director required in LLP?
CA MAZHER MAJEED KHAN
(business)
(1644 Points)
Replied 03 July 2012
LLP does not have directors or board of directors
Minimum number of designated partners is 2
RENGARAJ R.K
(ADVOCATE)
(7557 Points)
Replied 03 July 2012
LLP shall be a corporate body and a legal entity separate from its partners. It has a perpetual succession. Indian Partnership Act shall not be applicable to LLP and the minimum number of partners of a LLP is two and there is no upper limit to the number of partners.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India