M/s DG & Co. is a firm of Chartered Accountants, consisting of two partners, CA D and CA G. The firm operates its main office in Delhi and has…

M/s DG & Co. is a firm of Chartered Accountants, consisting of two partners, CA D and CA G. The firm operates its main office in Delhi and has established branch offices in Gurgaon, and Shimla. M/s DG & Co. had applied for exemption with respect to the Shimla Office, due to its hill area location. The permission was granted to them allowing a temporary office in Chandigarh during winter months. The temporary office in Chandigarh displayed its name board year-round and used the address on firm stationery. The firm is concerned with the compliance of provisions of Section 27 of the Chartered Accountants Act, 1949. Exemption has been given to members practicing in hill areas. You are required to identify the correct condition(s) from the following: (i) M/s DG & Co. should be allowed to open temporary offices in Chandigarh for a limited period not exceeding 3 months in a year. (ii) Shimla office should be closed during winter months and all correspondence should be made at the Chandigarh office only. (iii) The name board of the firm in the Chandigarh office should not be displayed at times other than the period such office is permitted to function. (iv) Chandigarh office should not be mentioned in the letterheads, visiting cards or any other documents as a place of business of the member/firm. (v) Before commencement of every winter it shall be obligatory on the firm to inform the Institute that it is opening the Chandigarh office from a particular date and after the office is closed at the expiry of the period of permission, an intimation to that effect should also be sent to the office of the Institute by registered post.