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        Clause 7 - Designated partners

        Limited Liability Partnership Bill, 2008

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        Designated partner requirement: LLPs must have at least two individual designated partners, with DPIN and resident compliance. LLPs must have at least two individual designated partners with at least one qualifying as a resident in India (stayed not less than one hundred and eighty-two days in the preceding year). Designation may follow the incorporation document or LLP agreement; prior consent is required and particulars must be filed with the registrar within thirty days. Eligible individuals must satisfy prescribed conditions and every designated partner must obtain a DPIN, with sections 266A-266G of the Companies Act, 1956 applying mutatis mutandis.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Designated partner requirement: LLPs must have at least two individual designated partners, with DPIN and resident compliance.

                                LLPs must have at least two individual designated partners with at least one qualifying as a resident in India (stayed not less than one hundred and eighty-two days in the preceding year). Designation may follow the incorporation document or LLP agreement; prior consent is required and particulars must be filed with the registrar within thirty days. Eligible individuals must satisfy prescribed conditions and every designated partner must obtain a DPIN, with sections 266A-266G of the Companies Act, 1956 applying mutatis mutandis.


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