Can CA in practice form a company?

no. only a partnership either unlimited or limited- by agreement.

Can practicing CA be a director?

The Ethical Standards Board, at its 115th Meeting held on 23rd April, 2011 after discussions decided that a CA in practice can be a ‘Director Simplicitor’ , which includes an independent director.

Can a practicing CA be a shareholder in a company?

CA in Practice cannot become director of company unless he takes permission from ICAI.

Can CA in practice be shareholder in company?

CA in Practice cannot become director of company unless he takes permission from ICAI. So my query is that Whether he can become shareholder of company i.e. only 10\% is holds by director and rest is holds by CA.

What is professional misconduct under the CA Act 1949?

In accordance with section 22 of the Chartered Accountants Act, 1949 the expression “professional or other misconduct” shall be deemed to include any act or omission provided in any of the Schedules. There are two schedules under the CA Act, 1949 viz. First Schedule and Second Schedule.

What was the purpose of the Chartered Accountants Act 1949?

THE CHARTERED ACCOUNTANTS ACT, 19491 (No. 38 of 1949) An Act to make provision for the regulation of the 2[profession of Chartered Accountants]. WHEREASit is expedient to make provision for the regulation of the 3[profession of chartered accountants] and for that purpose to establish an Institute of Chartered Accountants;

Can a CA member apply for work from another CA member?

A. Yes, as per CA Act , 1949 a member is permitted to apply or request for, or to invite, or to secure professional work from another Chartered Accountant in practice.

Can a member indicate in a book his association with CA?

A. No, as per CA Act, 1949, a member is not permitted to indicate in a book or an article, authored/contributed/published by him, his association with any firm of Chartered Accountants. Q. Can a Chartered Accountant in practice seek professional work from his professional colleagues?