General Circular No. 13/2013 F.No. 1/13/2012-CL-V Government of India Ministry of Corporate Affairs Sth Floor… — THE LIMITED LIABILITY PARTNERSHIP ACT, 2008

General Circular No. 13/2013 F.No. 1/13/2012-CL-V Government of India Ministry of Corporate Affairs Sth Floor, A Wing, Shastri Bhavan Dr. RP. Road, New Delhi-110 001. Dated 29th July,2013 All the Regional Directors, All the Registrar of Companies Official Liquidators, AII Stakeholders, Sub: Whether Hindu Undivided Family (HUF) its Karta can become partner[Designated Partner (DPLin Limited Liability Partnership (LLPL Sir, It has come to the notice of the Ministry that some Hindu Undivided Families (HUFs) Kartas of such families are applying to become partner/ Designated partner (DP) in LLPs and a question has arisen whether a HUF' or a karta can be allowed to do so. The matter has been examined in consultation with Ministry of Law: 2 As per section 5 of LLP Act, 2008 only an individual or body corporate may be a partner in a Limited Liability Partnership. A HUF cannot be treated as a body corporate for the purposes of LLP Act, 2008. Therefore, a HUF or its karta can not become designated partner in LLP. 3. This issues with the approval of Secretary, MCA Yours faithfully, N Tikku) Joint Director Copy to: 1. All Concerned:. 2. PS to CAM; 3. PPS to Secretary, Additional Secretary, Joint Secretaries