Can a ca open a private limited/ limited company?

This query is : Resolved 

25 January 2012 A Practicing CA can open his private company?
What are the rules and regulations for the same?

26 January 2012 A Practicing CA can involve himself in anyother business/ acitivtes only with the permission of ICAI.with certain exceptions.

read clause 11 part-1 of 1st schedule of CA act and relevant regulation of ICAI on it.



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