Surrender of CA firm

This query is : Resolved

DIVYESH JAIN (Querist)
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10 April 2021 Dear Sir,

My dad was was running a CA Partnership firm formed in the year 1992 consisting of 2 partners. My dad expired and hence the partnership firm got dissolved.

How to surrender this firm through ICAI as the second partner is not able to surrender his membership number on icai site and getting an error message that he is a partner in the firm, hence cannot surrender.

Please help me how can I resolve this issue. The second partner wants to surrender his membership number as he is no longer in practice.

Regards,
Divyesh Jain

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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11 July 2024 To resolve the issue where the second partner is unable to surrender his membership number with ICAI due to the dissolution of the partnership firm, you can follow these steps:

1. **Obtain Documentation:**
- Gather all relevant documents related to the dissolution of the partnership firm. This includes the dissolution deed, closure of bank accounts, termination of lease agreements, if any, and any other relevant documents that prove the dissolution of the firm.

2. **Contact ICAI Support:**
- Reach out to the ICAI support team directly. Explain the situation clearly and provide them with the following details:
- Details of the partnership firm (name, registration number, date of dissolution, etc.).
- Details of both partners, including their membership numbers.
- Explain that the firm has been dissolved due to the demise of your father, and the surviving partner wishes to surrender their membership.

3. **Submit Documentation:**
- ICAI may require you to submit scanned copies or physical copies of the dissolution deed and other relevant documents. Ensure these are provided promptly and accurately to expedite the process.

4. **Follow Up:**
- Keep following up with ICAI support to ensure that they have received the documents and that the process is moving forward. Sometimes, delays can occur due to administrative processes, so regular follow-up can help in resolving any issues promptly.

5. **ICAI Decision:**
- Once ICAI verifies the documents and processes the request, they will update the membership status accordingly. The surviving partner should then be able to proceed with the surrender of their membership number.

6. **Professional Assistance:**
- If needed, seek assistance from a professional (like a practicing CA or legal advisor) who has experience in dealing with ICAI matters. They can guide you through the specific requirements and ensure compliance with all necessary procedures.

By following these steps and providing all required documentation, you should be able to resolve the issue and facilitate the surrender of the membership number for the partner who wishes to do so.