Partnership : Doubt

This query is : Resolved 

16 February 2011 Can a CA and a non-professional enter into a Partnership Agreement? If yes, are there any consequences if they enter into such agreement?

16 February 2011 As per professional ethics of ICAI, a member of ICAI can not enter into any other business than a profession of chartered accountancy. Also, he can not share profit of the CA Profession with a person other than a member.
Hence, by doing so, will attract professional misconduct.

18 February 2011 Does it attract any breach of Law?




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