PROCEDURE TO BE TO ADD A DESIGNATED PARTNER
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1
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.
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2
Meeting of Partners
The existing partners of LLP call for a meeting wherein the appointment of proposed Designated Partner is confirmed in the LLP.
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3
Draft supplementary LLP Agreement
After appointment of designated Partner, a supplementary LLP Agreement is drafted and all partners are required to sign on it
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4
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.
