Is there any circular for LLP in which if we have formed the LLP in march 2015 or later we cannot remove (resign) the Designated partners or cannot sell the property for next 3 years
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 12 March 2016
No...there are no such circular on this matter.
Dhara
(Company Secretary)
(298 Points)
Replied 14 March 2016
So we can Resign the Designated Partners whenever we want to and also can sell the property anytime irrespective when the LLP has been incorporated
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