Leaving an LLP as a Co-founder: Can I Get a Relieving Letter from My Partner?

I am a co-founder and designated partner of an LLP firm with one other partner (founder). I am resigning from the firm and joining as an employee in another organization. So, I need a proper relieving/experience letter. Can I get the relieving/experience letter from my other partner?

Dear Saranya, When you started a firm, you must have entered into an agreement with another partner. Now you wish to withdraw from the partnership (you are "withdrawing" and not "resigning" – please note). You need an agreement once again. This second agreement itself will serve the purpose of relieving. If you have a copy of the legal agreement, then I don't think you need an experience letter over and above the legal agreement.

Thanks,

Dinesh Divekar

Thanks, Dinesh, for your reply. As you mentioned, we entered into an agreement with another partner when we started. However, the agreement doesn't have details on my designation; it is mentioned generally as Designated Partner. Experience Certificate Requirement In order to prove my experience in the designated position, should I get an experience certificate?

You can certainly ask your partner to sign the experience letter. I am sure he will support it during the background verification (BGV).

Clarification on Employment Status
The question is whether he should show you as an employee or clarify that you were a partner (designated partner) and have since resigned. This decision needs to be made after careful consideration of the circumstances and your future career plans. However, I believe that falsifying facts often leads to problems.

Thanks for the confirmation. Being designated as a partner, I was receiving a monthly salary as well. In that case, am I eligible to receive a payslip like a normal employee? How can I justify my yearly income besides the shareholding?

If you are receiving a salary, you are eligible to receive a salary slip. You are probably overthinking it. As long as you have a salary slip, it is sufficient. The company may ask for a bank statement to verify that you were receiving the salary, as, being a partner, you could manipulate and obtain a fake salary slip. If you were indeed receiving the salary and it reflects in your bank statement, there is no reason for them to request anything further.