(2) C.A. shall be deemed to be in practice if he, in his professional capacity (not in personal/employee\u2019s capacity) acts as liquidator, trustee, executor, adviser & same or takes up an appointment mate by Govt. or court or other legal authority. However for this purpose his engagement shouldn\u2019t be on a salary-cum- full time basis.
A member in practice can\u2019t use any other designation than that of a Chartered Accountant nor any other description whether in addition thereto or in substitution therefore. However they can use any other letter etc. indicating degree of other institutions.
If he isn\u2019t 21 yrs. or
(ii) If he is of unsound mind as per a competent Court, or
(iii) Undischarged insolvent, or
was by misfortune without any misconduct on his part, or
(v) Convicted of an offence involving moral turpitude unless he has been granted a pardon etc. or
(vi) If removed from membership of ICAI due to misconduct.
supply to council
Whether complaint is
fit. It is not deciding)
Refer to H.C
(If in Ist Schedule to be removed
from register for more than 5 yrs.
if it falls in IInd schedule)
(Straight forward refer to H.C.)
C.A. is to be removed from register of members
for more than 5 yrs.)
Pays / allows / agrees to pay or allow directly or indirectly any share commission or brokerage in fees or profits of his professional business to any person other than a member or partner or retired partner or legal representative of deceased partner.
Name will be kept in abeyance upto one years from death
Till one year from the date of settlement of dispute provided information as to dispute is received by ICAI within 1 year of death.
Aug, 99 (irrespective of time lag between date of death & 29th Aug, 98).
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