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Question ID : 42233

BRANCH IN CHARGE AS A PARTNER

I had posted my Query as follows on 09th March, 2022 Currently I am holding COP and having FRN. Now I want to join another CA firm as partner. My Question is whether there is any restriction/condition that person holding FRN as a proprietor can't became branch in charge of other CA firm as partner? Can one CA be branch in charge of the office of CA firm as partner and simultaneously have FRN as proprietor? I want to add further comment on it however, link is not appearing In this regard I again want to confirm that there is no restriction on becoming BRANCH IN CHARGE OF OTHER FIRM AS A PARTNER in addition to having own FRN. The only issue will be that either of these firms will be eligible for empanelment Am I correct?

Posted by SHIVANI ASHOKBHAI RAYJADA on Mar 12, 2022

Filed Under MISC.

Answer ID : 81440

There no restriction to became partner of other firm and branch IN charge of that firm even holding FRN of your firm. However NO weight shall be awarded to all firm and you will not be treated full time partner

Posted by NEELASH KUMAR RAI on Mar 25, 2022