proposed name of LLP of CA firm resembles with any other non-CA entity

Questions › Category: CA-Final Prof Ethics › proposed name of LLP of CA firm resembles with any other non-CA entity

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meda mounica asked 5 years ago

Sir,

If proposed name of LLP of CA firm resembles with any other non-CA entity , it is said that to avoid confusion proposed name may include word “Chartered Accountant or Chartered Accountants” – will this also be allowed by registrar of LLP only after approval by secretary,ICAI?
Please explain point C in LLP related clarifications – “the names of the CA firms registered with the ICAI shall remain reserved for the partners as one of the options for LLP names?
While counting period of continuous practice for the purpose of number of articles – if a CA who is doing job in areas specified for 5 years applies for FCA can he appoint 7 articles if he wants to do practice? or the period of practice 3/3-5/5-10/>10 years has nothing to do with associate or FCA and has to be counted after he starts practice?

Question Tags: FCA, LLP related carifications

4 Answers

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Ravi Staff answered 5 years ago

Yes it will be allowed only after approval of Secretary ICAI

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Ravi Staff answered 5 years ago

2. Regarding point (c), suppose thee is firm Sarda & Chandak Associates then name Sarda & Chandak Associates LLP will be reserved for partners of Sarda & Chandak Associates.

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meda mounica answered 5 years ago

thanks for the reply sir.
3rd query?

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Ravi Staff answered 5 years ago

3. Only being FCA wont be sufficient, FCA is not criteria for training number of articles, number of years in practice is criteria, so he will have to follow, normal limits as applicable to fresh CA