Appendix No-7 – The Chartered Accountants Act, 1949

Resolutions passed by the Council under the proviso to clause (v) of sub-section (1) of Section 4

(1) “Resolved that the Membership of a person covered by proviso to Section 4(1)(v) of the Chartered Accountants Act, 1949, shall be subject to the condition that the person in question has a place of business in India either in his own charge or in charge of a Member of the Institute.”

* * * * *

(2) Criteria laid down regarding “residence ”applicable to cases falling under the proviso to Section 4(1)(v):

(a) if a person is in India in a year for a period or periods amounting in all to 182 days or more; or

(b) if he maintains or causes to be maintained for him a dwelling place in India for a period or periods amounting in all to 182 days or more in a year and has been in India for 90 days or more in that year.

Practice area's of B K Goyal & Co LLP

Company Registration Services in major cities of India

Complete CA Services

RERA Services