Section 9: Changes in designated partners

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The Limited Liability Partnership Act, 2008

Chapter-II
Nature of Limited Liability Partnership

Section 9: Changes in designated partners

9. A limited liability partnership may appoint a designated partner within thirty days of a vacancy arising for any reason and provisions of sub-section (4) and sub-section (5) of section 7 shall apply in respect of such new designated partner:

Provided that if no designated partner is appointed, or if at any time there is only one designated partner, each partner shall be deemed to be a designated partner.


 

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