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Article student can act as lic agent

siva andhavarapu (ca final) (388 Points)

06 June 2017

HAI

MY FRIEND IS DOING HIS ARTICLESHIP.NOW HE WANT TO ACT AS LIC AGENT ALSO ALONG WITH HIS ARTICLESHIP.CAN HE ACT AS LIC AGENT ?

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Karan Batra (Creator: TheProTalks) (2325 Points)
Replied 20 July 2017

Form 112 has to be submitted to ICAI when articleship is commencing, In it you have to mention that if the student is also engaged in any other activity during the business hours.If an articled assistant is engaged in any other business or profession then compulsorily ICAI's permission is required. so, for getting permission it is obvious that ICAI should be given knowledge of this fact. If agency business is not during 11 to 6 then, ICAI may permit. Ultimately it is all that ICAI has to decide.