Format of Affidavit to be executed by articled clerk on a Non-judicial stamp paper duly sworn in before a Magistrate / Notary Public in case of other engagement of an article clerk as a Sleeping Partner in a family business Concern

AFFIDAVIT

I…………………………………………………….son of Shri……………………………………………………….

Resident  of……………………………………………….do hereby  solemnly affirm and declare as under :-

1. That I am a Director or in M/s………………………………………………………….a Limited Company.

2. That  M/s……………………………………………………………………………………..is in existence

Since………………………………..

3. That I joined the Chartered Accountancy Course and undergoing articles w.e.f. ………………..

4. That neither I am taking active part in the management of the business.

Depodent

Verification

I…………………………………………………………do hereby confirm that the contents of this affidavit

Are true to the best of my knowledge  and belief.

Depodent

Date :…………………

Place:………………..

Format of undertaking to be given by the other Partner of the business concern

 In case of other engagement of an articled clerk as sleeping Partner in business.

UNDERTAKING

We, the following Directors of M/s……………………………………………………………………do

Herby confirm that:

1. Shri …………………………………………………….son of Shri…………………………………..

Sleeping partner of M/s………………………………………………………………………………

Pursuing the Chartered Accountancy Course is sleeping Partner in M/s………………………

………………………………………….since……………………………………….

2. That Shri…………………………………………..………will neither be taking nor will be entitled

To take  active part in the management of the business.

………………………………….                   …………………………….          ……………………..

         Signature                                               Signature                                               Signature

………………………………….                    ……………………….              ………………………………….

          Name of Director                                 Name of Director                           Name of Director

Place:………………………

Date:………………………

For Sleeping Partner

Format of undertaking to be given by the Principal of the articled clerk in case of  other engagement by the articled clerk as a sleeping Partner of a family business concern

UNDERTAKING  BY THE PRINCIPAL

I……………………………………………………M.No………………………………………………..

Proprietor  / Paid Assistant /Partner with ………………………………………do herby declare:-

1.That Shri…………………………………………………articled registration No…………………

   Undergoing  articles under me with effect from  …………………………………is a Sleeping

   Partner in M/s…………………………………………in a family business concern and in case

  Of any change in his status in the partnership comes to my attention , I will inform the Institute,

  that his such engagement does not interface with his training.

……………………………………

Signature

Name ………………………………

Membership No…………………..

Stamp & Seal

Date:

Place

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