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Querist : Anonymous

Querist : Anonymous (Querist)

23 February 2015 Hi
I am a CA who was in employment for few yrs and just recently started Practice. One of a CA in practice for last five years said he would like to use my Name n membership only for the purpose of Applying for Bank Audit purpose. Is it ok as per Institute rules. If yes how will it work out?. what will the arrangement be like as I am not his partner and have my independent practice and I am not his employee also.
Kindly Clarify ASAP
Thanks in advance

CA Tarun Jagdish

CA Tarun Jagdish (Expert)

23 February 2015 May be he will apply in your name as he may not be in a position to apply. Example a statutory auditors can't be concurrent auditor. Then he may remunerate you as per ur understand Ing with him.

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