Applicability of CA Act...

Arvind Sharma (ACA) (1432 Points)

17 September 2010

Dear all please give your opinion..

Whether CA Act, 1949 is applicable on Member outside India or not...??

Suppose, a CA incorporate Partnership Firm in India with a someone not a professional.., so to be held guilty of professional misconduct...,

but what will be if, such partnership was made outside India...??

As far I concern.,

The Act is applicable on member whether he is in India or outside India (like in case of Wealth Tax).,

so in the second case he shall be held guilty of professional misconduct...

what you say all.......???????

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2 Replies

Manmohan ACA, CS (Chartered Accountant ) (14243 Points)
Replied 17 September 2010

The Act is applicable on member whether he is in India or outside India

so in the second case he shall be held guilty of professional misconduct...

what you say all ?

there are many instance

(ii) If he, not being a fellow styles himself as a fellow.

(iii) Doesn’t supply information called for, or doesn’t comply with requirement asked for, by council or any of its committees.

further read schedules of CA Act, 1949 from ICAI module

Yogesh Shah (Managing Corporate Finance) (1051 Points)
Replied 21 September 2010

Hi dude,

Yes, CA Act is applicable to all members who are in India or not

but it is not applicable to what members do OUTSIDE INDIA.

In your case CA has formed partnership outside India and hence HE WILL NOT BE GUILTY UNDER C.A. ACT

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