Can an Advocate become a non-designated partner in an LLP with another professional who is not an Advocate?
If yes, is there any permission to be obtained before doing that?
47. An advocate shall not personally engage in any business; but he
may be a sleeping partner in a firm doing business provided that in
the opinion of the appropriate State Bar Council, the nature of the
business is not inconsistent with the dignity of the profession.
48. An advocate may be Director or Chairman of the Board of
Directors of a Company with or without any ordinarily sitting fee,
provided none of his duties are of an executive character. An
advocate shall not be a Managing Director or a Secretary of any
Company.
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