Subscribe to the Bombay Chartered Accountant Journal Subscribe Now!

August 2012

C.A. rendering legal services

By P. N. Shah, H. N. Motiwalla,Chartered Accountants
Reading Time 1 mins
fiogf49gjkf0d
It has been reported in a leading newspaper that the Supreme Court has recently held that both litigation and non-litigation matters are covered by the Advocates Act, 1961. Therefore, only persons qualified as Advocates can render services in the legal field. Accordingly, the Society of Indian Law Firms has intimated to ICAI that Chartered Accountants and Firms of Chartered Accountants should not advice their clients on legal matters which are exclusively reserved for Advocates under the Advocates Act, 1961. Let us hope the Council of ICAI issues a clarification on this issue and advises our members as to which type of legal work cannot be undertaken by our members (H.T. 9-7-2012).

You May Also Like