Q. What do you mean by Designated partners? And who can become a partner in LLP?

by Paras Mehra 1.31K

Designated Partners are the partners who are responsible for the whole conduct of the LLP. They are appointed since incorporation to take care of the LLP functioning. Each designated partner is allotted a DPIN which is another name for DIN.

Any person including the body corporate can become the designated partner.

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