It is not mandatory to register a partnership but it is advisable to register the partnership deed, but for the objective of proof.This is a sad companyvakil.com tale about an international business venture. No, there is no minimum capital requirement for LLP formation in India. A LLP, being a separate legal particular person, is unaffected by the death or other departure of any Companion but continues to be in existence irrespective of the adjustments in Partnership. Nevertheless, one particular should register a partnership very first prior to it can acquire the status of limited liability

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Each and every LLP Registration shall be expected to have at least two designated partners who shall be people and at least one of companyvakil.com the designated partner shall be a resident of India. If partnership deed is not include then the Profit Sharing Ratio Is Equal And there is no Interest On Drawing But Interest On Loan Is Supplied @6% Per Annum.Contents of LLP Agreement, as could be prescribed, shall also be necessary to be filed with ROC. Further RESOLVED THAT all the Designated Partners of the LLP be and are hereby authorized to sign indemnity bond and all other documents, deeds

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