Can a CA in practice enter into partnership with a lawyer(recognised university) with majority of the partners being CAs?
Is it practically possible? Any misconduct triggered as per code of ethics?
2 Replies
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 24 July 2019
“As per item no 3 of Regulation 53 B of CA Regulations, 1988, person for the purpose of partnership
includes Advocates, member of Bar Council of India thus a CA and Advocates can enter into
partnership.”
But you cannot register your Firm with ICAI as they only allow the partnership between CAs only, so you can do it by forming partnership Firm or LLP or Company.
includes Advocates, member of Bar Council of India thus a CA and Advocates can enter into
partnership.”
But you cannot register your Firm with ICAI as they only allow the partnership between CAs only, so you can do it by forming partnership Firm or LLP or Company.
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