What are the documents required to open an account with Bank of Limited Liability Partnership ?
CS Professional · Banking and Insurance - Laws and Practice · PYQS · December 2025
What are the documents required to open an account with Bank of Limited Liability Partnership ?
Answer & Explanation:
The following are the documents required for open account of Limited Liability Partnership (LLPs): Certificate of Registration issued by Registrar of LLP. (Registration of LLP is mandatory) Certified copy of LLP Agreement (In the absence of LLP agreement, provisions of Schedule I of the Act become applicable Designated Partner identification numbers of all the partners, (minimum no. of designated partners is 2, out of which one must be resident of India, in case where all the partners are Body Corporate, the nominees of such bodies act as Designated Partners). Resolution signed by all the partners indicating the authorized signatories KYC documents of all the authorized signatories.
Topics: Banking Operations
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