Clause 4 of Schedule 1 to The Chartered Accountants Act,1949
This query is : Resolved
24 September 2007
Hello Friends
My query pertains to Clause 4 of Schedule I to Chartered Accountants Act as amended by Chartered Accountants (Amendment) Act, 2006. Amendment provides that a CA in practice should not enter in to partnership with any person other than CA in practice or any other person who is member of any other professional body having such qualification as may be prescribed.
I want to know whether any such other professionals have been prescribed for the purpose of partnership.
Regards
Hitesh Chhugani
My query pertains to Clause 4 of Schedule I to Chartered Accountants Act as amended by Chartered Accountants (Amendment) Act, 2006. Amendment provides that a CA in practice should not enter in to partnership with any person other than CA in practice or any other person who is member of any other professional body having such qualification as may be prescribed.
I want to know whether any such other professionals have been prescribed for the purpose of partnership.
Regards
Hitesh Chhugani
04 October 2007
This pohibition applies not only to accounting related profession but also to any kind of profeesion/business.
case law :Natin S. Sauly Vs ICAI.
case law :Natin S. Sauly Vs ICAI.
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