Bringing a new partner into your LLP? It needs the right approvals, agreement and filings to be effective. KNAP Advisory admits your designated partner cleanly and on record.
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As an LLP grows, you may want to bring in a new designated partner — to add capital, expertise or capacity, or to meet the requirement of having at least two designated partners. A designated partner carries responsibility for the LLP’s compliance, so the appointment must be done formally.
The incoming partner needs a DPIN and a digital signature, must give consent, and is admitted through a supplementary LLP agreement. The change is then filed with the Registrar using Form 4 and Form 3. KNAP Advisory manages every step so the new partner is validly on record.
Bring in skills, capital or management bandwidth.
Maintain the minimum designated partners required.
Rights and profit share recorded in writing.
Spread compliance responsibility across partners.
The partner reflects on the MCA record correctly.
A clear agreement prevents future disagreements.
We arrange the partner’s DPIN and digital signature.
We draft consent and the supplementary agreement.
We file the appointment and agreement changes.
The new designated partner reflects with the Registrar.
DPIN, DSC and agreement handled together.
Form 4 and Form 3 filed without defects.
Rights and profit share documented properly.
Obtain the partner’s DPIN and DSC, record consent, execute a supplementary LLP agreement, and file Form 4 and Form 3 with the Registrar.
A partner responsible for the LLP’s legal and regulatory compliance; every LLP must have at least two.
Designated Partner Identification Number, required for anyone being appointed as a designated partner.
Form 4 for the appointment of the partner and Form 3 for the change in the LLP agreement.
Yes, a supplementary agreement is executed to admit the new partner and record revised terms.
Share your details and we’ll call you back the same day with a clear, no-obligation plan.
Phone: +91 93119 72982
Email: hello@knapadvisory.com
Talk to KNAP Advisory and get started today.