B.com ACA CS
3789 Points
Posted on 06 April 2012
1.Partner should be individual to be called as designated partner( as you konw body coprates can act as partner in LLP) .
2.Every LLP should have atleast two designated partners ,of whom at least one shall be resident in
India( normal partners can be a non residnent)
3. The Designated Partners as provided under Section 8 are directly responsible for the compliances of all provisions provided under LLP Act, 2008 and the provisions specified in the LLP Agreement.( But rights are same)