Please Help: Can Practicing CA be a Director/Partner in a Company/Firm ?
Posted Date : 18-Nov-2014 , 04:33:37 pm | Posted By: CA Shraddha Vora
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Income Tax | Answers :
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Can a Practicing CA also be a Director / Partner in a Company/ Firm(LLP) ? If no, Kindly provide reference of any Rule pertaining to same by ICAI. Thanks & Regards. |
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| Posted By : ATIT D. SHAH |
18-Nov-2014, 06:23:17 |
| No, Members are not allowed to become whole-time Director of a company generally. However, a member in
practice may become a Managing Director or a whole-time Director of a body corporate within the meaning of the
Companies Act, 1956 subject to the Council Guidelines of Corporate Form of practice |
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