If a partner of the company is a legal founder person outside the State, he must be holder of a licence to practise the profession in the State where he has been registered, and it is not permissible for a partner to practice but as a partner in the company with its name and account,  as he must not be a partner in more than one company, license holder companies for the practice of profession cannot seek support in its works from other than the person who was registered in employed Chartered Accountants