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LLP among Chartered Accountants will not be will not be treated as body corporate and therefore LLP CA firms can conduct Statutory Audits - Clarification regarding 'Body Corporate' for the purpose of section 226(3)(a) of the Companies Act, 1956.

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....floor, 'A' Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated: 26.05.2011 All the Regional Directors, All the Registrar of Companies Subject : Clarification regarding 'Body Corporate' for the purpose of section 226(3)(a) of the Companies Act, 1956. Sir, The Ministry of Corporate Affairs has received representation from the Institute of Chartered Accountants of ....