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of <h1>Disqualification Rules for LLP Designated Partners: Insolvency, Creditor Payment Suspension, Moral Turpitude, Offense Conviction.</h1> A person is disqualified from being appointed as a designated partner in a limited liability partnership (LLP) if they have been adjudged insolvent within the last five years, have suspended payment to creditors without a composition in the same period, or have been convicted of an offense involving moral turpitude with a sentence of at least six months. Additionally, conviction under section 30 of the Act also disqualifies a person. However, the Central Government can remove such disqualifications through a notification in the Official Gazette, either generally or for specific LLPs.
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