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Ca carrying on other business

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2014 Hi
I had a query relating to CA carrying on other businesses.
I know CA with COP cannot carry on other business without approval of the council.
My query is
1)Can a CA without COP carry on other business without seeking the approval of the Council?.
Ex- A CA is good in real estate dealing or say in hotel business, Can He give up COP and pursue his passion without restriction.

2)Further With COP can a CA invest his savings in other business as a partner of LLP ( not actively participating in the business).
Kindly let me know the implications
Thanks in advance
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
03 January 2014 For those activities which a member in practice can do without icai approval you can find out in paduks's book for ca final audit in professional ethics.
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