24 August 2011
I just want to ask one thing that a CA who has cleared his final can become an Insurance agent if he does not want to do practise? And if yes are there any requirements which we have to submit or declare to the ICAI?
24 August 2011
But in CA Professional Ethics its given a CA in practise can act as a Insurance Agent except for the limited purpose of receiving the Renewal Commission nothing has been mentioned about CA who is a just a member of ICAI doing job
24 August 2011
Part II Clause (1) said that CA cannot be a insurance agent but it can be insurance broker and also takes renewal commission as a agent if he having insurance agency before completing CA.
24 August 2011
I saw it now that you told contravention of 190A which is as follows: 190A. Chartered Accountant In practice not to engage in any other business or occupation “A chartered accountant in practice not to engage in any other business or occupation other than the profession of accountancy except with the permission granted in accordance with a resolution of the Council”.
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