Hi Could you please provide me the details regarding if an Chartered Accountant who is working in a MNC ( full time employee) can became a partner in a CA firm ? Whether it is working or sleeping partner ?
manjesh poojary (CA service) (30 Points)
16 August 2011Hi Could you please provide me the details regarding if an Chartered Accountant who is working in a MNC ( full time employee) can became a partner in a CA firm ? Whether it is working or sleeping partner ?
V.MASTHANVALI
(ACCOUNTS EXECUTIVE)
(89 Points)
Replied 16 August 2011
No.. As per Sec.224 1(B) of the Companies Act, 1956 , A chartered accountant who is in full time employment cannot make practice.
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