Llp
This query is : Resolved
11 May 2015
Can a designated partner, after resigning as a partner, continue to remain a designated partner if mentioned in the LLP agreement?
11 May 2015
No. It is not possible. To become a Designated Partner, you should be a Partner first.
In short, all designated partners are partners, but all partners can not be designated partners.
If he has resigned as Partner, he can not be a designated partner (unless he is a nominee of Partner which is a Company).
In short, all designated partners are partners, but all partners can not be designated partners.
If he has resigned as Partner, he can not be a designated partner (unless he is a nominee of Partner which is a Company).
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