Permission to do business
This query is : Resolved
08 August 2023
Can a CA Become sleeping partner in any partnership firm.
In case we need to take permission from institute, how should we go about it.
In case we need to take permission from institute, how should we go about it.
09 August 2023
Yes, a member in practice can be a sleeping partner in a family business concern provided he takes specific permission from the Council in terms of Regulation 190A of Chartered Accountants Regulations, 1988.
Only family business allowed.
Only family business allowed.
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