banner_ad

LLP- Designated Partner

LLP 2165 views 1 replies
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,
Replies (1)

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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details