PROCEDURE TO BE TO ADD A DESIGNATED PARTNER
Obtain Director Identification Number
A person can be appointed as a Designated Partner only if he gets a DIN. Therefore, the first step is to acquire a DIN No.
Meeting of Partners
The existing partners of LLP call for a meeting wherein the appointment of proposed Designated Partner is confirmed in the LLP.
Draft supplementary LLP Agreement
After appointment of designated Partner, a supplementary LLP Agreement is drafted and all partners are required to sign on it
Filing of supplementary LLP Agreement
Once the LLP Agreement is amended and signed by the partners it is required to be filed to the Ministry of Corporate Affairs in Form 3 & Form 4 for approval.