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Professional Ethics-Code of Ethics


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





27 October 2010 they can enter in agreement but not for % age basis


29 October 2010 they cannot enter this type of agreement and if done it is profeesional misconduct.


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.

Am i right?

30 October 2010 Sry forgot to change the status..



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