IF Chartered Accountant is not holding COP, can he be partner in a CA firm?
If yes/no, can you just quote the relevant reference?
Thanks
Sunny
11 Replies
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 21 June 2010
NO. Without COP, A CA cannot act as a partner in a CA Firm. He must hold COP for practising as a CA either individuallly or in partnership.
RAKESH
(Almost CA)
(2199 Points)
Replied 21 June 2010
no he cant be a partner in a firm . he needs to hold COP under the regulations of chartered accountants act 1949. only then he is eligible to become a partner...
CA.Amit lath
(Asst. Manager(Finance))
(52 Points)
Replied 21 June 2010
Chartered accountant can be associated with a CA firm in 2 ways -1st Paid assistant and 2nd as a partner.
Paid assistant means simply a person is in employment but when taking into consideration the provision of CA regulations only practising CA can be partner. So COP isreqd.
Reena Verma
(CA Finalist)
(417 Points)
Replied 22 June 2010
No ,a CA cannot be a partner without holding COP.
CA Ravi Sisodia
(CA,CS,CMA)
(32226 Points)
Replied 22 June 2010
No, without COP he can not become partner if CA firm.
CA Ravi Sisodia
(CA,CS,CMA)
(32226 Points)
Replied 22 June 2010
No, without COP he can not become partner if CA firm.
Prateek
(B.Com(H) PGDBA CA Final)
(436 Points)
Replied 22 June 2010
y not ....if a person enters in partnership with his friends 4-5 who are CA ....but that person is just CA Inter...that person can not practice...but other can...
is there any mistake....in this
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 22 June 2010
| Originally posted by : PRATEEK | ||
 |
y not ....if a person enters in partnership with his friends 4-5 who are CA ....but that person is just CA Inter...that person can not practice...but other can... is there any mistake....in this |
 |
Dear Prateek, in a CA firm , no person other than CA can be a partner. So a CA Inter Person who is not a qualified member and is not eligible to practice a s a CA, Can't enter into partnership in a CA firm.
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 25 June 2010
| Originally posted by : Rahul Gupta | ||
|
|
NO. Without COP, A CA cannot act as a partner in a CA Firm. He must hold COP for practising as a CA either individuallly or in partnership. |
|
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