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A Limited Liability Partnership (LLP) is governed as per the rules of Limited Liability Partnership Act, 2008. In today’s era, an LLP is gaining more popularity than a Private or a Limited Company form of business because of its easy nature and the lesser compliances.
Every LLP should have a minimum of 2 partners and out of them, 2 shall act as designated partners who work on behalf of the partners and participate in the day-to-day activities. Once appointed, a partner or a designated partner can be changed, removed or appointed.
The proposed designated partner shall apply for a DSC. The following documents are required for the application:
If Form – 3 and Form – 4 are filed within 30 days there is an additional fee on each form of Rs. 100/- per day.