A Limited Liability Partnership (LLP) may add/remove designated Partners, if the LLP agreement permits it. If the proposed designated partner does not possess Director Identification Number (DIN), he/she should apply for one. If the partner already has a DIN, the same can be used.
Process for adding designated partners
Documents required
Resignation/Removal of a Designated Partner
Overview
If the LLP agreement doesn’t have any restrictions, a Designated Partner in a LLP can resign from a LLP by providing notice of resignation in writing to the other partners in the LLP. On the other hand, a Designated Partner can also be removed by the majority of other partners if the LLP Agreements gives such powers.
Process
Obtaining resignation letter from the resigning Designated Partner in case of resignation.
Documents required