Expert Designated Partner Appointment
Your LLP’s leadership structure is vital to its legal standing. We manage the entire legal process to appoint or change your Designated Partners, ensuring full compliance with the ROC.
Our Partner Management Services
Partner Appointment
Facilitating the onboarding of new designated partners, including DPIN processing, agreement drafting, and Form 4 filing.
Partner Resignation
Managing formal partner exits with proper documentation to protect the LLP and ensure smooth transition of responsibilities.
ROC Compliance
Ensuring all board composition changes are reported to the Registrar of Companies within the mandatory 30-day window.
Why Timely Filing is Mandatory
The Limited Liability Partnership Act requires every LLP to have at least two designated partners, one of whom must be a resident in India. Failure to maintain this structure or update the ROC records can result in:
- Late Filing Penalties: Each day of delay in filing Form 4 after the 30-day limit attracts additional fees.
- Master Data Mismatch: Discrepancies between your internal records and the MCA database can block you from filing annual returns.
- Compliance Risk: Non-compliance can put the LLP at risk of being marked as “non-compliant” or “inactive” by the MCA.
Frequently Asked Questions
What is the time limit for filing Form 4?
Form 4 must be filed with the ROC within 30 days of the appointment or resignation of a partner.
Do I need to update the LLP Agreement?
Yes. Any change in the partnership structure usually requires an amendment to the LLP Agreement, which must be executed on stamp paper.
Can EasyBiz360 manage foreign partners?
Yes. We have experience in documenting and filing for foreign national partners, including the required identity verification and regulatory disclosures.
Update Your Partner Structure
Provide the details of the partner change, and our legal team will handle the drafting of the supplementary agreement and all ROC filings.