Query regarding constitution of firms

This query is : Resolved

arjun goyal (Querist)
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29 January 2019 IF TODAY I MAKE CA PROPRIETORSHIP FIRM AND AFTER FEW MONTHS I WANT TO GET MERGE WITH CA PARTNERSHIP FIRM FOR AROUND 3 YEARS AND AFTER 3 YEARS IF I RETIRE FROM THAT PARTNERSHIP FIRM SO WILL I ABLE TO CONTINUE MY PROPRIETORSHIP FIRM WHICH I HAVE MADE 3 YEARS BEFORE? CAN A CA PROPRIETORSHIP FIRM BE PUT ON HOLD?

CA CS Chirag

CA CS Chirag (Expert)
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30 January 2019 you can be proprietor and partner in CA firm at the same time, but for empanelment CA actively engaged in two place is not counted as full time partner, or u can close the proprietor firm at the time of merger and apply for it again in future whenever you want.

arjun goyal

arjun goyal (Querist)
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30 January 2019 Will that proprietorship will be put on hold or i have to suspend that proprietorship firm?

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arjun goyal

arjun goyal (Querist)
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30 January 2019 After retirement from firm after 3 years, will I eligible for bank audit empanelment and will my individual experince be counted for bank audit?