Dear Members,
We have received the resubmission regarding conversion of partnership firm into LLP that
""Proposed names includes the word '& ASSOCIATES'' which is indicative of a separate type of business constitution or legal person or any connotation thereof. Hence, proposed name is not considered, unless used for incorporating Professional Firms of Chartered Accountants & Company Secretaries. Kindly remove the words ''AND/&ASSOCIATES'' or furnish approval letter from respective institute. 3. Proposed NIC includes audit activities. Please clarify the type of audit to be carried on. In case of statutory audit provide in-principle approval from respective institute/regulatory authority or Rectify NIC accordingly."
Please guide which suffix can be used after a name of the firm as they have objected for the same.
Also, confirm for statutory audit services, the professional firm needs to take the approval of the institute.
Thanks.
-- Good day!
Best regards,
CS Kanika Sharma