LLP- Designated Partner

vivek (CS)     10 August 2010

 76 likes  746 points

| My Other Post

Dear All, Can a CS inwhole time employment become designated partner of any LLP? According to me, one can be because the restriction posed by regulation 168 of CS Regulaton is restricting the Practicing members only. Please advise. Regards,


Neha Gupta (PCS)     10 August 2010

Neha Gupta
 60 likes  372 points

View Profile | My Other Post

Yes Sir,

Regulation 168 restrict only Practicing members to act as “Designated partner” in LLP or to act as “Executive Director” in a company.

It means a PCS can only be passive or non executive partner or director respectively.

And law is silent further…… but in my opinion a C.S. in full time employment can only act as passive or non executive, partner or director respectively.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Popular Discussion

view more »