25 October 2010
A CA and a lawyer enter in an agreement to pay each other 12% of gross receipts received by them from clients referred to each other.
Will the CA a practising member b guilty of prof misconduct?
Since Bar council of india is one of the bodies prescribed by the council.(wherein a CA can enter in agreement with a member of a prescribed Prof body.)-Clause 2 Part 1
30 October 2010
But they can enter in such agreements with members of prescribed fields and the bar council is one such prescribed bodies by the council.