GENERAL KNOWLEDGE

Detailed explanation-1: -An advocate shall not enter into a partnership or any other arrangement for sharing remuneration with any person or legal practitioner who is not an advocate.” Therefore, this Rule makes it clear that an advocate cannot become a partner with a non-advocate.

Detailed explanation-2: -There are no restrictions for a law graduate to become a partner in any other Firms also. Various proprietorship firms and partnership firms are functioning in India in various sectors.

Detailed explanation-3: -CA R SEETHARAMAN In the FAQ, the Institute said that as per Clause (c) of Regulation 53B of the Regulations, it is permitted to enter into a partnership with Advocate, Member of the Bar Council of India established under the Advocates Act, 1961.

Detailed explanation-4: -25. Authority to whom applications for enrolment may be made.-An application for admission as an advocate shall be made in the prescribed form to the State Bar Council within whose jurisdiction the applicant proposes to practise.

Detailed explanation-5: -Majority of the companies does not allow this. The agreement clearly says that any of it’s employee cannot be a part of any other company or business as long as he/she serves the company he/she joined.