CA Suba is a senior partner in a chartered accountancy firm in Mumbai. She and few other CA firms, each specializing in different sectors, agree to…

Registration of Network with entities in India An application for approval of the name of the Network shall be made to the Institute in Form A. Institute shall approve or reject and intimate the same to the Network at its address mentioned in Form A within a period which shall not be later than 30 days from the date of receipt of said form. After the name of a Network is approved as per provision under Guideline 5, the Institute shall reserve such name for a period of three (3) months from the date of approval. The Network shall get itself registered with the Institute by applying in Form B within the period of 3 months, failing which the name assigned shall stand cancelled on the expiry of the said period. Registration of Network with Institute is mandatory. If different Indian firms are networked with a common Multinational Accounting Firm, they shall be considered as a part of network. Listing of Network with entities outside India The duly authorized representative(s) of the Indian Member firm(s)/Member constituting the Network with entities outside India shall file a declaration with the Institute in Form ‘D' for Listing of such Network within 30 days from the date of entering into the Network arrangement. Proprietary/individual members, partnership firms as well as members in LLP or any such other entity of members as may be permitted by the Act, shall be permitted to join such network with entities outside India provided that the proprietary/individual members, partnership firms as well as members in LLP or any such other entity of members are allowed to join only one network and firms having common partners shall join only one such network.