CA Act 1949
This query is : Resolved
30 July 2010
Dear sir,
A qualified CA who is in full time employment, started a firm with two of his friends as practicing CA's. But he admitted as a sleeping partner and share only profit or loss?
Query:
1. Whether he need a COP?
2. Is there any misconduct of all or any of the CA's by admitting a CA who is in full time employment?
A qualified CA who is in full time employment, started a firm with two of his friends as practicing CA's. But he admitted as a sleeping partner and share only profit or loss?
Query:
1. Whether he need a COP?
2. Is there any misconduct of all or any of the CA's by admitting a CA who is in full time employment?
30 July 2010
1. yes
2. yes.
2. yes.
30 July 2010
The sleeping partner must Hold a certificate of practise.
Secondly admitting as partner in to a firm to a CA who is full time in employment..This is also amounting to Professional misconduct
Secondly admitting as partner in to a firm to a CA who is full time in employment..This is also amounting to Professional misconduct
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