LLP BY ADVOCATES
Guest
(Querist) 20 May 2009
This query is : Resolved
As per the recent LLP (Limited Liability Partnership) Act, CAs, CSs and even advocates can form multi-disciplinary firms.
Is there any Bar Council announcement in this regard?
Tks.
A V Vishal
(Expert) 20 May 2009
Sadly the Bar Council of India is mum on the issue.
Manish Singh
(Expert) 22 May 2009
there is no need for any announcement from the bar council. we can form llp.
A V Vishal
(Expert) 23 May 2009
Dear friends,
Kindly refer the rules unde BCI Rules.....
Chapter - III
(Conditions for right to practice)
(Rules under Section 49 (1) (ah) of the Act)
1. Every advocate shall be under an obligation to see that his name appears on the roll of the State Council within whose jurisdiction he ordinarily practices.
Provided that if an advocate does not apply for transfer of his name to the roll of the State Bar Council within whose jurisdiction he is ordinarily practising within six months of the start of such practice, it shall be deemed that he is guilty of professional misconduct within the meaning of section 35 of the Advocates Act.
2. An advocate shall not enter into a partnership or any other arrangement for sharing remuneration with any person or legal practitioner who is not an advocate.