Pooja M (CS) (104 Points)
06 August 2021I wish to incorporate a LLP with 5 Designated Partners. My queries are :
1. Is there any limit on the number of Designated Partners which a LLP can have ?
2. If none of them currently have a DIN, will it let me apply for five DINs at the time of incorporation (I am aware that for incorporation of companies, only three DINs are permitted)
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 06 August 2021
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 07 August 2021
1. there is no limt of designated partner at time of incorporation.
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 07 August 2021
2. At time of Incorporation you can apply one 2 DIN.
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 07 August 2021
3. If you want to incorporate with 5 designated partenrs. then all must have DIN.
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 07 August 2021
4. if all are not having DIN. you have to incorporate LLP with 2 partners and appoint other 3 after incorporation.
CAclubindia
