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Q. > Please Help: Can Practicing CA be a Director/Partner in a Company/Firm ?
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2543 views • Question added Nov 18, 2014 • Income Tax • By CA Shraddha Vora , CA , Mumbai


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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ATIT D. SHAH

18-Nov-2014 , 06:23:17 pm

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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