CHANGES IN DESIGNATED PARTNERS
An individual can be admitted to become a partner to the LLP with the consent of other partners of the LLP and in accordance with the provisions of (section 25) of Limited Liability Partnership Act, 2008.
In the same manner in case, of Cessation of Partner and Change in Designated Partners take place.
A company can intimate changes among designated partners’ or partners’ or change in any particulars of designated partners’ or partners’ of a LLP by filing Form 4 (Notice of appointment, cessation, change in name/ address/designation of a designated partner or partner and consent to become a partner/ designated partner) with Registrar.
STEP 1: Designated Partners Meeting
Call the Designated Partners Meeting by giving 7 days notice to directors. Pass Resolution for appointment / removal of Designated Partner.
STEP 2: Issue of Appointment Letter
Issue Letter of Appointment / Accept Resignation Letter from Designated Partner.
STEP 3: Supplementary Agreement
Preparation and drafting of Supplementary Agreement.
STEP 4: Filing of Form 3 & 4
Filing of Form 3 and Form 4 with necessary attachment.
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