Conversion into Limited Liability Partnership requires name approval and ICAI registration while preserving firm seniority and ethics. Conversion of practising Cost Accountant firms into Limited Liability Partnership mandates compliance with LLP statutory conversion procedures and Institute guidelines: name approval (use of 'Cost Accountant' in proposed names referred to the Institute), submission of ICAI application with Registrar name registration evidence, reservation of existing firm names as LLP options, preservation of firm seniority and assignment of a registration number aligned to the former Firm Registration Number, adherence to approved LLP name formats, and continued applicability of professional scope and the Institute's Code of Ethics; conversion does not create new privileges.
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Provisions expressly mentioned in the judgment/order text.
Conversion into Limited Liability Partnership requires name approval and ICAI registration while preserving firm seniority and ethics.
Conversion of practising Cost Accountant firms into Limited Liability Partnership mandates compliance with LLP statutory conversion procedures and Institute guidelines: name approval (use of 'Cost Accountant' in proposed names referred to the Institute), submission of ICAI application with Registrar name registration evidence, reservation of existing firm names as LLP options, preservation of firm seniority and assignment of a registration number aligned to the former Firm Registration Number, adherence to approved LLP name formats, and continued applicability of professional scope and the Institute's Code of Ethics; conversion does not create new privileges.
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