TMI BlogDesignated partnersX X X X Extracts X X X X X X X X Extracts X X X X ..... the partners are bodies corporate or in which one or more partners are individuals and bodies corporate, at least two individuals who are partners of such limited liability partnership or nominees of such bodies corporate shall act as designated partners. Explanation.— For the purposes of this section, the term "resident in India" means a person who has stayed in India for a period of not less ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... prior consent to act as such to the limited liability partnership in such form and manner as may be prescribed. (4) Every limited liability partnership shall file with the registrar the particulars of every individual who has given his consent to act as designated partner in such form and manner as may be prescribed within thirty days of his appointment. (5) An individual eligible to be a desi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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