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CHANGE IN DESIGNATED PARTNERS / PARTNER(S)Instruction for Submission & filling up documents (for Member\'s reference only):STAGE 1: Submission of Documents for prior approval of the Exchange / Clearing
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Change in designated partners refers to the process where a limited liability partnership (LLP) updates or modifies the information of the partners designated to manage the LLP.
Any LLP that undergoes a change in designated partners is required to file the relevant form with the appropriate authorities.
To fill out the change in designated partners form, the LLP needs to provide the updated information of the partners, as well as any supporting documents required.
The purpose of change in designated partners is to ensure that the most current and accurate information regarding the partners designated to manage the LLP is on record.
The information reported on change in designated partners typically includes the updated details of the partners, such as their names, addresses, and contributions to the LLP.
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