Jasmine KaurJasmine Kaur asked 1 year ago
5 Answers
RaviRavi Staff answered 1 year ago

time limit is within one year from date of death and not from date of permission
in case of dispute it is one year from date of settlement of dispute 

Jasmine KaurJasmine Kaur answered 1 year ago

Please elaborate… 
Whether permission from council is not required within one year of death? And whether sale is also to be completed in all respect in case of death?

RaviRavi Staff answered 1 year ago

Permission of council is not required for sale of goodwill.
Yes transfer of firm name to new CA should happen within one year from date of death.

Roshan MascarenhasRoshan Mascarenhas answered 1 year ago

Sir, For transfer of Firm name whether permission of the council is to be obtained by legal heir?

RaviRavi Staff answered 1 year ago

Permission of council is not required in any situation in case of transfer of goodwill, just go ahead as per prescribed procedure infirm icai, permission is not required.

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