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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2010 sir i want to ask that whether i can become prop. of 1 firm and partner of another firm at same time?
Is there any complication?

Rahul Gupta

Rahul Gupta (Expert)
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12 May 2010 Yes you can. But in case of partnership firm, you can not hold full time basis.

Querist : Anonymous

Querist : Anonymous (Querist)

13 May 2010 sir my purpose behind entering into another partnership firm is to get bank audit. whether i will be alloted bank audits?
my other partner will be full time in that firm. but the volume of work will be less in that firm
plz clarify in detail

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Rahul Gupta

Rahul Gupta (Expert)
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13 May 2010 For getting bank audit under the firm name, if the no. of partners is the concern then, definitely it will help.

Querist : Anonymous

Querist : Anonymous (Querist)

13 May 2010 actually i will be the only 2nd partner in that firm and other 1 will b full time.
will it be beneficial for me?

Rahul Gupta

Rahul Gupta (Expert)
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13 May 2010 Yes in that way, it will help. You can get the audit in the name of the firm.