Home India The Institute of Chartered Accountants of India In exercise of the powers conferred by sub section 2 of Sect...
Date: 2016-03-18 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section 2 of Section 20 of the Chartered Accountants Act

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

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Executive Summary & Key Takeaways

This notification, issued by the Council of the Institute of Chartered Accountants of India on March 3, 2016, announces the removal of Shri S. Giridharan (Membership No. 024011) from the Register of Members for a period of one month, effective April 1, 2016. This action follows an order by the High Court of Karnataka on March 5, 2015, in Civil Petition No. 1912012, pursuant to Section 216c of the Chartered Accountants Act. Shri Giridharan was found guilty of professional misconduct under Clauses 5, 6, 7, 8, and 9 of Part I of the Second Schedule, read with Sections 21 and 22 of the Chartered Accountants Act, 1949. During this period of removal, Shri Giridharan is prohibited from practicing as a Chartered Accountant, in accordance with the High Court's order. The notification was issued by V. Sagar, Secretary, The Institute of Chartered Accountants of India. Shri Giridharan's address is 1361, 1st Floor, Nadi Gruha, 5th Main, Chamarajpet, Bangalore 560 018.

Key Entities Referenced

High Court of Karnataka: The High Court that issued an order regarding Shri S. Giridharan. The Institute of Chartered Accountants of India: An institute set up under an Act of Parliament. Chartered Accountants Act, 1949: The Act under which powers are conferred and regulations are made for Chartered Accountants. Chartered Accountants Regulations, 1988: Regulations related to the Chartered Accountants Act. Shri S. Giridharan: A Chartered Accountant whose name was removed from the Register of Members for a period of one month. Bangalore, Karnataka: City in which Shri S. Giridharan has his office. Civil Petition No. 1912012: The case number in which the High Court of Karnataka made its order. Register of Members: The register from which Shri S. Giridharan's name was removed for a period of one month.
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