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Conversion to Part Time COP

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CA Luqman Al Hakeem

CA in Practice

27 Points Posted on 20 June 2021

I am a partner in a CA firm with two partners and My partner is willing to convert her COP to a Part time COP in order to join in industry.

1. Can we still continue our Firm?

2. Name of firm is the combination of our names, will it get affected?

3. If yes, what is the procedure for conversion of COP to part time.

Thanks in advance.

Replies (2)

Quick Summary

A CA firm partner is considering converting their Certificate of Practice (COP) to part-time to join an industry role. This raises questions about whether the firm can continue operating, if the firm's name (a combination of partners' names) will be affected, and the procedure for converting a COP to part-time status. The responses suggest potential challenges, including the partner's eligibility for partnership and the need for special permission from the ICAI, which may not be granted.