special case-II

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2010 Please read the following situation

in a partnership Firm (CA Firm) their is 5 ca partner and they work together in the name xyz & co. since last 3 years. one day institute remove 1 partner’s name out of 5 partner for 6 month.

Now my query is that what happened of article’s who is under that CA (i.e whose name is remove) ?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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24 July 2010 One among the remaing 4 partners can seek additional vacancies under regulation 57 to trian those articles. The procedure is as follows:-

(a) The additional vacancies can be granted to a member in practice under the
following circumstances;
(i) the Principal has ceased to practise.
(ii) name of the Principal is removed from the Register of Members.
(iii) the Principal has died.
In all the above cases request for grant of additional vacancy shall be made within 30 days to the
Secretary. Within 30 days from the date of the letter of the Secretary granting permission, the
particulars in form 103 shall be sent for registration.

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