Add or Remove a Partner in LLP

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Add or Remove a Partner in LLP

All you need to know

All LLP must have at least 2 Designated Partners. In this as a minimum one of them should be resident in India. Designated partners can only be individuals. Among the members of a Limited Liability Partnership, two or more partners can be designated as a Designated Partner. A Designated Partner can be added or removed by passing a resolution by LLP and filing relevant forms with the Registrar of Companies.

 

All Designated Partners in an LLP are requiring a Designated Partner Identification Number (DPIN) or Director Identification Number (DIN). Though referred by different terms, both Designated Partner Identification Number (DPIN) or Director Identification Number (DIN) are one and the same and can be used interchangeably. To obtain DPIN, a class 2 digital signature must be obtained for the Designated Partner.

Add or Remove a Partner Fees

BASIC

999 (All Inclusive)
  • Preparation of Supplementary deed (Applicable for Partnership Firm)
  • Execution of deed (Applicable for Partnership Firm)

STANDARD

1999 (All Inclusive)
  • Preparation of Supplementary deed
  • Execution of deed
  • Documents preparation for filing
  • Filing of Form 3 and Form 4 with Department
Popular

PREMIUM

2999 (All Inclusive)
  • Preparation of Supplementary deed
  • Execution of deed
  • DSC of Incoming Partner
  • DIN of Incoming Partner
  • Documents preparation for filing
  • Filing of Form 3 and Form 4 with Department

How to Add/Remove a Partner

Add/Remove Partner in 5 steps
  • 1. Application for DSC
  • 2. Application for DIN
  • 3. Submit documents
  • 4.File form 3 & 4
  • 5. Receive Acknowledgement.

List of Documents to Add/Remove Partner

Our mission is to offer excellent support to our client in respect of all the legal compliances on affordable rates. Have a look at the list of documents required to avail this service.

Documents of Shareholders/Directors
  • Self-attested copy of Aadhar card
  • Self-attested copy of PAN
  • Brief details of Occupation and Educational Qualifications
Registered Address Related Documents
  • Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)

FAQs On Add/Remove Partner

Get answers to all your queries

Designated partners can only be individuals. Among the members of a Limited Liability Partnership, two or more partners can be designated as a Designated Partner.

The persons listed below don’t be suitable to designated partner: 
  • An undercharged insolvent.
  • A person who was declared participation in the preceding five years.
  • A person who has with held payments to his creditors at any point of time in the preceding five years of time, and has not made a composition with the creditors.
  • A person who has been imprisoned for any immoral acts, and where the period of the sentence was at-least 6 months.
  • Minors below the age of 18 years.
 However, the Central Government is empowered with the rights to annul the disqualification of a person.

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