Adv.Balachander Reddy (High Court Advocate IPR Attorney and RTI Activist) 11 February 2020
A Person who is enrolled as an Advocate as per Advocates Act, shall be disqualified to engage in any other buiness.However, you can do any other business by being removed from rolls of advocates.
Raghav Arora 11 February 2020
How good is the scrutiny in such cases? Do such lawyers find themselves under the radar? Face punishments?
Adv Deepak Joshi +917017821512 (Advocate) 11 February 2020
Joy Bose 11 February 2020
The Bar Council of India clearly mentions on two-point why a lawyer cannot do any other business.
1. A lawyer cannot become a full-time salaried employee.
2. person carrying on any other business.
Important provisions of Bar COuncil Rules include -
47. An advocate shall not personally engage in any business; but he may be a sleeping partner in a firm doing business provided that in the opinion of the appropriate State Bar Council, the nature of the business is not inconsistent with the dignity of the profession.
48. An advocate may be Director or Chairman of the Board of Directors of a Company with or without any ordinarily sitting fee, provided none of his duties are of an executive character. An advocate shall not be a Managing Director or a Secretary of any Company.
49. An advocate shall not be a full-time salaried employee of any person, government, firm, corporation or concern, so long as he continues to practise, and shall, on taking up any such employment, intimate the fact to the Bar Council on whose roll his name appears and shall thereupon cease to practise as an advocate so long as he continues in such employment.