27. Maintenance of branch offices
(1)
Where a [chartered accountant in practice] or a [firm of such chartered accountants] has more than one office in India, each one of such offices shall be in the separate charge of a member of the Institute:
Provided that the Council may in suitable cases exempt any [chartered accountant in practice] or a [firm of such chartered accountants] from the operation of this sub-section
(2)
Every [chartered accountant in practice] or a [firm of such chartered accountants] maintaining more than one office shall send to the Council a list of offices and the persons in charge thereof and shall keep the Council informed of any changes in relation thereto.
Amendment notes (2)
- Subs w.e.f. 1-7-1959 Subs. by Act 15 of 1959, s. 22, for "chartered accountant" (w.e.f. 1-7-1959).
- Subs w.e.f. 1-7-1959 Subs. by s. 22, ibid., for "firm of chartered accountants" (w.e.f. 1-7-1959).