Designated partner requirements mandate individual residency, prior consent, registrar filing, and a government-issued DPIN for LLP governance. Every limited liability partnership must have at least two individual designated partners with at least one resident in India; where partners include corporate bodies, two individuals or nominees must serve as designated partners. Designation follows the incorporation document or LLP agreement, requires prior written consent in prescribed form, and the LLP must file particulars with the registrar within thirty days. Eligible individuals must meet prescribed conditions and must obtain a Designated Partner Identification Number, with specified Companies Act provisions 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 requirements mandate individual residency, prior consent, registrar filing, and a government-issued DPIN for LLP governance.
Every limited liability partnership must have at least two individual designated partners with at least one resident in India; where partners include corporate bodies, two individuals or nominees must serve as designated partners. Designation follows the incorporation document or LLP agreement, requires prior written consent in prescribed form, and the LLP must file particulars with the registrar within thirty days. Eligible individuals must meet prescribed conditions and must obtain a Designated Partner Identification Number, with specified Companies Act provisions applying mutatis mutandis.
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