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Asked by Ritesh on :Sep. 08, 2015

Can a practicing CA become the director of a co...

Can a practicing CA become the director of a company??

Can a practicing CA become the director of a company??

0

Chiranjibi Chapagain Aug. 09, 2018

A Chartered Accountant can be a Director of a Company (not being a Managing Director or Whole-Time Director), unless he or any of his partners is interested in such company as an auditor.

In terms of Clause (11) of Part I of First Schedule to the Chartered Accountants Act in general a Chartered Accountant in practice is not permitted to engage himself in any business or occupation other than the profession of Chartered Accountants.

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