A corporate body or any individual can be partner but will be disqualified if found under the following circumstances

• A court of competent jurisdiction claims that person has been found to be of unsound mind.
• The application for his/her adjudicated insolvent is still pending
• He is found to be an undischarged insolvent

At least two partners up to the needs of the corporation.

Yes

Every LLP should have minimum of two designated partner among whom, at least one should carry residency of India.  Depending upon the number of partners the corporation has, the same criteria will follow respectively even if the partner is an individual or a corporate body or vice versa

The designated partners will be accountable for their liability as partners as well as the regulatory and legal compliances

yes ‘identification number’ is mandatory for all The designated partners. “Designated partner’s identification number” (DPIN) similar to ‘director’s identification number’ (DIN).

Failing to acquire a partner will charge the corporation an amount of Rs 10,000 or more. In circumstances where the position for the designated partner is not notified within a period of 30 days, penalties of same nature will be implied