Law
This query is : Resolved
06 September 2017
Hello,
Can a Practicing Chartered Accountant or a Partner of a CA firm act as a Executive Chairman/Working Chairman of Public Limited Company ?
Please Reply ASAP
Thanks in advance
Can a Practicing Chartered Accountant or a Partner of a CA firm act as a Executive Chairman/Working Chairman of Public Limited Company ?
Please Reply ASAP
Thanks in advance
Amol S Joglekar
(Expert)
06 September 2017
yes. why not?....
A Chartered Accountant in practice may engage in any business or occupation with the permission granted in
accordance with a Resolution of the Council. (Regulation 190A) Appendix-9 of the CA Regulations contains
the above resolutions under two heads (A) permission granted generally and (B) permission to be granted
specifically.
Better ensure yourself if the CA in query has done so.
A Chartered Accountant in practice may engage in any business or occupation with the permission granted in
accordance with a Resolution of the Council. (Regulation 190A) Appendix-9 of the CA Regulations contains
the above resolutions under two heads (A) permission granted generally and (B) permission to be granted
specifically.
Better ensure yourself if the CA in query has done so.
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