- +91 9146695266
- bhsolankiandco@gmail.com
Add Partner in LLP
Add Partner in LLP
A Limited Liability Partnership is run and carried by partners. Each partner has his roles and duties as per LLP agreement. For Add a partner in LLP, the incoming person need to obtain digital signature certificate and director identification number. Indian resident or foreign resident can become partner in LLP in India. On Admission of new partner status of LLP does not changes. LLP need to maintained minimum two designated partners and out it one must of Indian resident…
Exiting partners written consent is mandatory for addition and removal of partner from LLP. Procedure to add partner in LLP is made easy by Ministry of Corporate Affairs. New procedure is simple and complete online. Experts at B H SOLANKI in have helped number of entrepreneurs for LLP compliances. In All major cities of India, Mumbai, Delhi, Bangalore, Pune, Chennai and more. Our services are reliable and quick.
Who Can be Partner of LLP
As per Provisions of LLP Act 2008, person can be added as partner in LLP. The precondition it that incoming /new partner is not disqualified to be a Partner. He is not found to be of unsound mind by a Court of competent jurisdiction and the finding is in force. For adding new partner provision of LLP Act 2008 provides conditions and guideline.
- An Individual ( Indian Resident )
- An Individual ( Foreign Resident )
- A Company Incorporated in India
- A Foreign Company / LLP
Rights and Duties of LLP Partner
Access Finance
All Partners have right to check and verify books of Account of LLP. Partners can access Bank statement, Balance sheet etc. .
Right to Share Profit & Loss
Each partner of LLP has right to share profit and loss of business. Terms of sharing are defied in LLP agreement.
Voting Right
LLP business is carried by partners with mutual consent. Each partner has right of voting. Terms of voting rights are defied in LLP agreement.