Restrictions on appointing ca as additional director
Querist : Anonymous
Querist : Anonymous
[THE FIRST SCHEDULE]
PART I
Professional misconduct in relation to chartered accountants in practice
A chartered accountant in practice shall be deemed to be guilty of professional misconduct, if he —
(11) engages in any business or occupation other than the profession of chartered accountant unless permitted by the Council so to engage:
Provided that nothing contained herein shall disentitle a chartered accountant from being a director of a company (not being a managing director or a whole time director) unless he or any of his partners is interested in such company as an auditor;
Querist : Anonymous
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