ADD OR REMOVE A PARTNER OR DESIGNATED PARTNER (LLP)
Magus can help you with addition or removal of Partner or Designated Partner in a hassle-free manner within a reasonable time span and competitive professional fee which starts from Rs. 2999/-
Post LLP’s incorporation, for multiple reasons, it may become essential to add or remove a partner or a designated partner in the LLP. For instance, the introduction of new investors, amendment in existing terms of Partners, resignation and/ or retirement of a Partner, etc.. Certain relevant queries in connection with the same have been dealt below.
Designated Partner
Only an individual can be a designated partner in an LLP
Partner
Any person including individual, Body Corporate, Company, LLP, Partnership firm can become a partner in an LLP
There could be various reasons for the same. For instance:
- Appointing people with right skill set;
- Infusion of fresh contribution/ investor;
- Change in existing understanding/ terms of the Partners;
- Resignation of existing Partner or Designated Partner;
- Incapability of existing designated partner to take charge; etc.
- Creation/ generation of a Digital Signature Certificate (DSC) and Designated Partner Identification Number (DPIN) of the proposed Partner or Designated Partner.
- Obtaining written consent of existing Partner or Designated Partner
- Passing Resolution for admission of Partner or Designated Partner
- Preparation and Execution of supplementary LLP Agreement
- Preparation and filing E-form 3 for change in LLP Agreement
- Preparation and filing E-form 4 for addition of new Partner or Designated Partner
- Obtain written resignation letter from the retiring Partner or Designated Partner
- Passing of Resolution of retirement/removal of Partner or Designated Partner
- Preparation and Execution of supplementary LLP Agreement
- Preparation and filing E-form 3 for change in LLP Agreement
- Preparation and filing E-form 4 for retirement/removal of new Partner or Designated Partner
The process of addition or removal of Partner or Designated Partner takes around 1 week, subject to submission of correct information and complete documentation.
Magus can help you with addition or removal of Partner or Designated Partner in a hassle-free manner within a reasonable time span and competitive professional fees. To know more, please book a telephonic appointment with one of our consultants free of charge.
₹
2999
Including gov fee
ELEMENTAL
- Filing of LLP 3 (Change in LLP Agreement)
- Filing of LLP 4 (Addition/ Cessation)
- Preparation of Supplementary LLP Agreement
- Preparation of Resolution
₹
4999
Including gov fee (Popular)
ENRICHED
- Filing of LLP 3 (Change in LLP Agreement)
- Filing of LLP 4 (Addition/ Cessation)
- Preparation of Supplementary LLP Agreement
- DSC of 1 Proposed Partner/ Designated Partner
- DIN of 1 Proposed Partner/ Designated Partner
- Preparation of Resolution
₹
6499
Including gov fee
SUPREME
- Filing of LLP 3 (Change in LLP Agreement Addition)
- Filing of LLP 4 (Addition)
- Preparation of Supplementary LLP Agreement
- DSC of 1 Proposed Partner/ Designated Partner
- DIN of 1 Proposed Partner/ Designated Partner
- Preparation of Resolution
- Filing of LLP 4 (Cessation)
- Filing of LLP 3 (Change in LLP Agreement Cessation)
* Terms & Conditions
Please note that the above plan includes applicable Govt. Fees
