Can a practicing CA float a firm/LLP by entering into a partnership with a CPA and a CS ?

Dear Members

Can a practicing CA float a firm/LLP by entering into a partnership with a CPA and a CS ?
Are there any specific restrictions under Chartered Accountants Act 1949 or Chartered Accountants Regulations, 1988.

 

Replies (1)

A practicing CA in India can form a multidisciplinary partnership or LLP with a CS, Cost Accountant, Advocate, or other specified professionals under Regulation 53B. You must ensure compliance with both ICAI regulations and the governing rules of the partner's respective professional institution.

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