Appointment of Designated Partner in LLP

Corpzo20 Feb, 2025Legal

Designated partners are essential to an LLP's efficient administration and compliance to the law.Designated partners are essential to an LLP's efficient administration and compliance to the law.The Superb thing about LLPs is that can add or remove partners whenever its needed. However, the designated partner should be made fully knowledgeable of his roles and responsibilities before adding him to the LLP.