Home India The Institute of Chartered Accountants of India A Division Bench of the Honble High Court of Karnataka in Ci...
Date: 2025-11-06 Category: Extra Ordinary State: Union Government Country: India

A Division Bench of the Honble High Court of Karnataka in Civil Petition No 532014 under Section

Issued by The Institute of Chartered Accountants of India · Not Applicable

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The Gazette of India, dated November 6, 2025, publishes a notification from the Institute of Chartered Accountants of India regarding Shri Manish Agarwal, Chartered Accountant (M. NO. 208588) and Permanent/Professional Address: G701, Golden Sqare Chs Sundar Nagar Kalina Mumbai -400098. Based on an order dated 29.07.2025 from the Hon'ble High Court of Karnataka in Civil Petition No. 53/2014 under Section 21(6)(c) of the Chartered Accountants Act, 1949, Shri Manish Agarwal has been found guilty of "Professional Misconduct" falling under Clause (7) of Part I of the Second Schedule read with Clause (ii) of Part II of the Second Schedule to the Chartered Accountants Act, 1949. As a result, his name is removed from the Register of Members for a period of three years, effective from the date of publication of this notification. The notification is issued by CA. (Dr.) Jai Kumar Batra, Secretary and is referenced as [ADVT.-III/4/Exty./450/2025-26].

Key Entities Referenced

Chartered Accountants Act, 1949: The primary legislation governing the regulation of chartered accountants in India, directly referenced in the notification regarding the removal of a member's name from the register. Chartered Accountants Regulations, 1988: Regulations framed under the Chartered Accountants Act, 1949, that govern the conduct and practice of chartered accountancy in India. The Institute of Chartered Accountants of India: The regulatory body for the profession of chartered accountancy in India, responsible for implementing the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. Karnataka High Court: The court that issued the order leading to the removal of Shri Manish Agarwal's name from the Register of Members. Manish Agarwal: The chartered accountant whose name is removed from the Register of Members for a period of three years following an order from the Karnataka High Court.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-08112025-267484 xxxGIDHxxx CG-DL-E-08112025-267484 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 716] नई ददल्ली, बहृ स्ट्ि जतवार, नवम्ब र 6, 2025/कार्तकट 15, 1947 No. 716] NEW DELHI, THURSDAY, NOVEMBER 6, 2025/KARTIKA 15, 1947 भारतीय चार्टड ट अकाउंर्ेंट्स सस्ट्ं थान (ससं दीय अजधजनयम द्वारा स्ट्थाजित) अजधसचू ना नई ददल्ली, 4 नवम् बर, 2025 (चार्टडट अकाउंर्ेंट्स) फा. स.ं 29-सीए/लॉ/डी-331/2025.—माननीय कनाटर्क उच्च न्यायालय की एक खडं िीठ ने चार्टड ट अकाउंर्ेंर् अजधजनयम, 1949 की धारा 21(6)(ग) के अधीन जसजवल याजचका संख्या 53/2014 में तारीख 29.07.2025 को यह आदेि ददया ह ै दक श्री मनीष अग्रवाल, चार्टडट अकाउंर्ेंर् (सदस्ट्य संख्या 208588), स्ट्थायी/वृजिक िता : िी701, गोल्डन स्ट्वायर सीएचएस स ंदर नगर कजलना म ंबई-400098 का नाम, उन्ह ें चार्टडट अकाउंर्ेंर् अजधजनयम, 1949 की दसू री अन सूची के भाग II के खडं (ii) के साथ िठठत दसू री अन सूची के भाग I के खडं (7) के अंतगटत आन े वाल े “वृजिक कदाचार” का दोषी िाए िान े के िश्चात् तीन वषट की अवजध के जलए सदस्ट्यों के रजिस्ट्र्र से हर्ा ददया िाए । अत:, अब, माननीय कनाटर्क उच्च न्यायालय के तारीख 29.07.2025 के उक्त आदेि के अन सरण में और चार्टडट अकाउंर्ेंट्स जवजनयम, 1988 के जवजनयम 18 के साथ िठठत उक्त अजधजनयम की धारा 20 की उिधारा (2) के जनबंधनों के अन सरण म ें यह अजधसूजचत दकया िाता ह ै दक श्री मनीष अग्रवाल (सदस्ट्य संख्या 208588) का नाम इस अजधसूचना के प्रकािन की तारीख स े तीन वषट की अवजध के जलए सदस्ट्यों के रजिस्ट्र्र स ेहर्ा ददया गया ह ै। सीए. (डा.) िय क मार बत्रा, सजचव [जवज्ञािन-III/4/असा./450/2025-26] 7420 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] THE INSTITUTE OF CHARTERTED ACCOUNTANTS OF INDIA (Set up under an Act of Parliament) NOTIFICATION New Delhi, 4th November, 2025 (CHARTERED ACCOUNTANTS) F. No. 29-CA/Law/D-331/2025.—A Division Bench of the Hon’ble High Court of Karnataka in Civil Petition No. 53/2014 under Section 21(6)(c) of the Chartered Accountants Act, 1949 has ordered on 29.07.2025 that the name of Shri Manish Agarwal, Chartered Accountant (M. NO. 208588), Permanent/Professional Address: G701, Golden Sqare Chs Sundar Nagar Kalina Mumbai -400098 be removed from the Register of Members for a period of three years after finding him guilty of “Professional Misconduct” falling within the meaning of Clause (7) of Part I of the Second Schedule read with Clause (ii) of Part II of the Second Schedule to the Chartered Accountants Act, 1949. Now, therefore, pursuant to the said order of the Hon’ble Karnataka High Court dt. 29.07.2025 and in terms of sub-section (2) of section 20 of the said Act read with Regulation 18 of the Chartered Accountants Regulations, 1988, it is hereby notified that the name of Shri Manish Agarwal (M.NO. 208588) stands removed from the Register of Members for a period of three years w.e.f. the date of publication of this notification. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./450/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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