The notification announces the removal of Shri Mohit Bansal, a Chartered Accountant (Membership Number 510652), from the Register of Members of the Institute of Chartered Accountants of India (ICAI).
This action follows his conviction by the Delhi High Court under sections 354 and 506 (II) of the Indian Penal Code, 1860, leading to his disqualification under Section 8(v) read with Section 20(1)(d) of the Chartered Accountants Act, 1949.
Key Changes
Shri Mohit Bansal is no longer entitled to practice as a Chartered Accountant from the date of publication of the notification (March 3, 2023).
The removal is based on a disability incurred as specified in Section 8(v) of the Chartered Accountants Act, 1949, due to his conviction in a criminal case.
The decision was made after providing Shri Mohit Bansal an opportunity for a hearing, as directed by the Delhi High Court in W.P. No. 6819/2020 dated 21.01.2022.
The notification is issued in exercise of powers conferred by sub-section(1)(d) of Section 20 of the Chartered Accountants Act, 1949 and in terms of provisions of Regulation 18 of the Chartered Accountants Regulations, 1988.
Impact Analysis
Impact on Shri Mohit Bansal
Potential impact on his livelihood and career prospects.
Impact on ICAI
Need to update and maintain the Register of Members to reflect the removal.
Impact on Clients/Public
Protection from potential misconduct by Chartered Accountants.
Suggested Action Items
Firms and clients who have engaged Shri Mohit Bansal's services should review their engagements and make necessary adjustments.
Key Entities Referenced
The Institute of Chartered Accountants of India (ICAI): A statutory body established by an Act of Parliament to regulate the profession of Chartered Accountancy in India.
Shri Mohit Bansal: A Chartered Accountant (Membership Number 510652) who has been removed from the Register of Members.
Chartered Accountants Act, 1949: The primary legislation governing the profession of Chartered Accountancy in India. Specifically, Section 8(v) defines disabilities leading to removal from the register, and Section 20 outlines the powers of the Council to remove names from the register.
Chartered Accountants Regulations, 1988: Regulations framed under the Chartered Accountants Act, 1949, providing detailed procedures and guidelines for the regulation of the profession. Regulation 18 pertains to the process of removing names from the register.
Indian Penal Code, 1860: The main criminal code of India. Sections 354 and 506 (II) relate to the offences for which Shri Mohit Bansal was convicted.
Delhi High Court: The High Court of Delhi, which convicted Shri Mohit Bansal in Cr. LA 828/2009 and issued directions in W.P. No. 6819/2020 regarding the hearing process.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-04032023-244131
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 150] नई ददल्ली, िुक्रिार, माचच 3, 2023/फाल्ग नु 12, 1944
No. 150] NEW DELHI, FRIDAY, MARCH 3, 2023/PHALGUNA 12, 1944
भारतीय सनदी लखे ाकार सस्ट्ं थान
(ससं द के अजधजनयम के द्वारा स्ट्थाजित)
अजधसचू ना
नई ददल्ली, 1 माचच, 2023
(चार्चडच एकाउंर्ेंट्स)
न.ं २९-सीए/काननू /ND-११८१/२०२३.—चार्चडच एकाउंर्ेंट्स अजधजनयम, १९४९ की धारा २० की उि धारा
(१)(घ) द्वारा प्रदत्त िजियों का प्रयोग करत े हुए और चार्चड च एकाउंर्ेंट्स जिजनयम, १९८८ के जिजनयम १८ के उिबंधो के
जनबंधानुसार यह अजधसूजचत दकया िाता ह ै दक श्री मोजहत बंसल, चार्चडच अकाउंर्ेंर् (सदस्ट्यता स०ं . ५१०६५२), के
डी-२०९, िीतमिुरा, ददल्ली-११००८८, माननीय ददल्ली उच्च न्यायालय द्वारा अ० अिील स०ं ८२८/२००९ म ें भारतीय
दडं संजहता, १८६० की धारा ३५४ एि ं ५०६(II) के अतं गतच दोषजसजि के कारण चार्चड च एकाउंर्ेंट्स अजधजनयम की धारा
८(v) की सहिठित धारा २०(१)(घ) के अथाचनागत च अक्षम हो गए ह|ैं उसके िश्चात ् संस्ट्थान की िठरषद ् न,े माननीय ददल्ली
उच् च न्यायलय के याजचका स०ं ६८१९/२०२० म ें ददनांक २१.०१.२०२२ को िाठरत जनदेिानुसार, श्री मोजहत बंसल को
सुनिाई का अिसर देन े के िश्चात् चार्चडच एकाउंर्ेंट्स अजधजनयम, १९४९ की धारा ८ (v) म ें िर्णणत अक्षमता के कारण उस
अजधजनयम की धारा २०(१)(घ) के अंतगचत सदस्ट्यों के रजिस्ट्र्र स े हर्ा देन े का आदेि ददया ह।ै
1458 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
उसके अनुसरण म,ें एततद्वारा यह सूजचत दकया िाता ह ै दक उि श्री मोजहत बंसल, चार्चडच अकाउंर्ेंर् (सदस्ट्यता
सं०. ५१०६५२) का नाम इस अजधसूचना के प्रकािन की तारीख स े सदस्ट्यों के रजिस्ट्र्र म ें हर् िाएगा तथा श्री मोजहत
बंसल `चार्चडच एकाउंर्ेंर््’ के रूि म ें कायच करन े हते ु हक़दार नहीं होंगे|
सी.ए. (डॉ.) िय कुमार बत्रा, सजचि
[जिज्ञािन-III/4/असा./676/2022-23]
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
(Set up under an Act of Parliament)
NOTIFICATION
New Delhi, the 1st March, 2023
(CHARTERED ACCOUNTANTS)
No. 29-CA/Law/ND-1181/2023.—In exercise of the powers conferred by sub-section(1)(d) of Section 20 of
the Chartered Accountants Act, 1949 and in terms of provisions of Regulation 18 of the Chartered Accountants
Regulations, 1988, it is hereby notified that Shri Mohit Bansal, Chartered Accountant (Membership Number 510652),
KD-209, Pitampura, Delhi-110088 has incurred disability within the meaning of Clause (v) of Section 8 of the
Chartered Accountants Act, 1949 read with Section 20(1)(d) for having been convicted by the Hon’ble High Court of
Delhi for the offences under Section 354 and 506 (II) of Indian Penal Code, 1860 in Cr. LA 828/2009. Thereafter, the
Council of the Institute, after affording an opportunity of hearing to Shri Mohit Bansal as per the directions issued by
the Hon’ble High Court of Delhi in W.P. No. 6819/2020 dated 21.01.2022 has ordered that the name of Shri Mohit
Bansal be removed from the Register of Members under Section 20(1)(d) of the Chartered Accountants Act, 1949 for
incurring the disability as specified in Section 8(v) of the said Act.
Now, therefore, it is hereby notified that the name of the said Shri Mohit Bansal, Chartered Accountant
(Membership Number 510652) shall stand removed from the Register of Members and Shri Mohit Bansal shall not be
entitled to practice as `Chartered Accountant’ with effect from the date of publication of this notification.
CA (Dr.) JAI KUMAR BATRA, Secy.
[ADVT.-III/4/Exty./676/2022-23]
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