Limited Liability Partnership rules amended: DPIN process tightened, corporate nominee formalities set, LLP agreement filing deadline enforced. The Amendment substitutes rule 10 to require electronic DPIN applications in Form 7 with attested proof of identity, proof of residence, a signed photograph and, for corporate nominees, a corporate resolution naming the individual nominee; specified authorities must attest documents and foreign entities must provide duly certified translations. The Central Government shall decide DPIN applications within thirty days; DPINs are lifetime identifiers. Designated partners must file DPIN in Form 9 and notify changes within 30 days to the Central Government (Form 10) and within 15 days to the LLP (Form 6). Rule 12 and rule 21 are similarly amended and Forms 1-7 are substituted; one fee reduced from Rs. 10,000 to Rs. 5,000.
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The Amendment substitutes rule 10 to require electronic DPIN applications in Form 7 with attested proof of identity, proof of residence, a signed photograph and, for corporate nominees, a corporate resolution naming the individual nominee; specified authorities must attest documents and foreign entities must provide duly certified translations. The Central Government shall decide DPIN applications within thirty days; DPINs are lifetime identifiers. Designated partners must file DPIN in Form 9 and notify changes within 30 days to the Central Government (Form 10) and within 15 days to the LLP (Form 6). Rule 12 and rule 21 are similarly amended and Forms 1-7 are substituted; one fee reduced from Rs. 10,000 to Rs. 5,000.
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