DevyaniDevyani asked 12 months ago
1 Answers
RaviRavi Staff answered 12 months ago

Our CA act prescribes punishments for CA in practice who signs and not whole firm, generally engagement partner is punished others wont have any implications.
Company Act provides that if whole firm will be liable financial obligations and only concerned engagement partner for imprisonment. So other partners will have to pay but wont have to go to jail.

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