Upgrad LLM

designated partners in llp

Managing Partner

Dear Experts,

In a LLP there are two designated partners and other partners.

 

In a pvt ltd company there is board of directors, consisting of the Managing Directors and other directors.

 

What is the conterpart of the MD (in a Pvt Ltd c/opmpany) in an LLP called? Managing Partner, or anyting else?

Can there be a CEO/CFO/CTO/CMO in an LLP?

 

Please clarify?

 

Vikram

 
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Practicing Company Secretary

Hi,

 

Yes. Partners of LLP can be appointed with different designations by way of LLP Agreement.

 
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