Regarding articleship

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pradnya

pradnya (Querist)
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30 October 2013 Can article assistant be a shareholder ?

Ankit

Ankit (Expert)
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30 October 2013 YES...THOUGH THERE ARE NO LEGAL CONSEQUENCES UNDER THE COMPANIES ACT, THERE AY BE CONSEQUENCES UNDER THE SEBI INSIDER TRADING REGULATIONS.

HENCE, OUT OF ABUNDANT CAUTION, YOU SHOULD NOT ENTER INTO SHARE DELING IN THE COMPANIES WHICH YOU ARE AUDITING

Nikhil Kaushik

Nikhil Kaushik (Expert)
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30 October 2013 there is no restriction on buying shares or trading in them.

However, before buying shares of companies your office is auditing, it is prudent that you take permission of our Principal/ audit partner.