How to add Designated partner in llp with example?

Introduction : Designated Partners play a crucial role in Limited Liability Partnerships (LLPs), bringing their expertise and contributions to the organization. Adding a Designated Partner involves specific legal procedures and documentation. In this blog, we will provide a step-by-step guide on how to add a Designated Partner to an LLP, along with relevant examples to illustrate the process. Understand the Eligibility Criteria : Before adding a Designated Partner to an LLP, it is essential to understand the eligibility criteria outlined in the Limited Liability Partnership Act, 2008. According to the Act, individuals who are at least 18 years old, possess […]