Directorship

This query is : Resolved 

15 December 2013 Whether a practising CA can hold the position as a MD in a CO.? Plz explain as per CA act 1949

15 December 2013 no. a practicing CA can only hold post of a director simplicitor.

Refer: http://220.227.161.86/7536m_engage.pdf


16 December 2013 Yes he is right as even chartered accountants act,1949 specifically prohibits it.


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