The proposal, currently being considered by the central council of ICAI, would also prevent Indian accounting firms comprising CAs from performing consulting activities like advising on stocks or market analysis under their own name. Business Standard has a copy of the proposals.
Business Standard had sent an e-mail on the issues of firm names and COP to Jayant Gokhale, chairman of the study group imposing restrictions, and senior CA Manoj Phadnis, seeking their views on the matter. Gokhale refused to respond.
Manoj Phadnis of the firm Fadnis & Gupte said in a reply sent by e-mail on Friday September 12,
