Home India The Institute of Chartered Accountants of India In terms of the provisions of Section 21A 3 of the Chartered...
Date: 2026-05-29 Category: Extra Ordinary State: Union Government Country: India

In terms of the provisions of Section 21A 3 of the Chartered Accountants Act, 1949 read with sub rule 9 of Rule 14 of the Chartered Accountants

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

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Executive Summary & Key Takeaways

**Executive Summary** This notification issued by The Institute of Chartered Accountants of India (ICAI) announces the disciplinary action taken against CA. Manojkumar Surajmalji Mundada (Membership No. 118598). Following a finding of "Other Misconduct," the Board of Discipline has ordered the removal of his name from the Register of Members. This suspension is effective for a period of three months, commencing from May 29, 2026. **Key Points / Main Content** **Disciplinary Finding** * CA. Manojkumar Surajmalji Mundada was found guilty of "Other Misconduct" under Item (2) of Part IV of the First Schedule to the Chartered Accountants Act, 1949. * The decision was reached by the Board of Discipline in accordance with Section 21A(3) of the Act and Rule 14(9) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007. **Penalty and Duration** * The Board of Discipline ordered the removal of the member's name from the Register of Members. * The removal is effective for a period of 03 (three) months starting from May 29, 2026. **Regulatory Authority** * The notification is issued under Regulation 18 of the Chartered Accountants Regulations, 1988, and Section 20(2) of the Chartered Accountants Act, 1949. * The member was afforded an opportunity of being heard under Rule 15(1) before the order was finalized. **Impact Analysis** **CA. Manojkumar Surajmalji Mundada** **Impact** The individual is stripped of his membership status and the right to practice as a Chartered Accountant for the duration of the suspension. **Action Required** He must cease all activities reserved for members of the Institute and ensure compliance with the three-month removal period starting May 29, 2026. **The Institute of Chartered Accountants of India (ICAI)** **Impact** The Institute fulfills its regulatory duty to maintain professional standards and publicize disciplinary actions. **Action Required** The ICAI must update the Register of Members to reflect the removal of the individual’s name for the specified period. **Public and Clients** **Impact** Stakeholders are informed that the individual is not authorized to act as a member of the Institute or provide regulated services during the suspension period. **Action Required** Clients and the general public should take note of the member's suspended status when engaging in professional dealings during the three-month period.

Key Entities Referenced

Chartered Accountants Act, 1949: The principal legislation governing the profession of chartered accountants, under which the disciplinary action and removal of membership were executed. CA. Manojkumar Surajmalji Mundada: The specific member (Membership No. 118598) found guilty of 'Other Misconduct' and ordered to be removed from the Register of Members for a period of three months. Board of Discipline: The statutory committee within the ICAI that investigated the case, held the member guilty, and issued the order for disciplinary action. The Institute of Chartered Accountants of India: The regulatory body established by an Act of Parliament responsible for the supervision and professional conduct of chartered accountants in India. Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007: The specific procedural rules used to conduct investigations and hearings regarding professional and other misconduct.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-30052026-272973 xxxGIDHxxx CG-DL-E-30052026-272973 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 357] नई ददल्ली, िुिवार, मई 29, 2026/ज्य ष्े ि 8, 1948 No. 357] NEW DELHI, FRIDAY, MAY 29, 2026/JYAISTHA 8, 1948 भारतीय चार्टड ट अकाउंर्ेंट्स सस्ट्ं थान (ससं द के एक अजधजनयम द्वारा गठित) अजधसचू ना नई ददल्ली, 29 मई, 2026 (चार्टडट अकाउंर्ेंट्स) फा. स.ं पीआर/300/2018-डीडी/301/2018-बीओडी/646/2022.—चार्टड ट अकाउंर्ेंर् (वृज‍ तक और अन् य कदाचार के अन् वेषणों और मामलों के संचालन की प्रदिया) जनयम, 2007 के जनयम 14 के उपजनयम (9) के साथ पठित, चार्टडट अकाउंर्ेंर् अजधजनयम, 1949 की धारा 21क(3) के उपबंधों के जनबंधनानुसार, अनुिासन बोडट न े सीए. मनोिकुमार सरू िमलिी मदुं डा (सदस्ट्यता सख्ं या 118598), कायालट य िमांक 408/9/10, चौथी मजं िल, सर्ें र प्वाइंर् जबलल्डंग, जमत्र मडं ल चौक के पास, स्ट्वरगर्े , पणु े (महाराष्ट्र) - 411009, को उक्त अजधजनयम की धारा 22 के साथ पठित चार्टडट अकाउंर्ेंर् अजधजनयम, 1949 की पहली अनुसूची के भाग IV की मद (2) के अथाटन् तगटत 'अन्य कदाचार' का दोषी पाया ह ै और उसके पठरणामस्ट्वरूप पूवोक्त जनयमों के जनयम 15(1) के जनबंधनानुसार सुनवाई का अवसर प्रदान करने के पश्चात्, सीए. मनोिकुमार सरू िमलिी मदुं डा (सदस्ट्यता सख्ं या 118598) के नाम को 03 (तीन) मास की अवजध के जलए सदस्ट्यों के 3811 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] रजिस्ट्र्र स े हर्ाने का आदिे ददया ह।ै अनुिासन बोडट के पूवोक्त आदिे के अनुसरण में और पवू ोक्त अजधजनयम की धारा 20 की उपधारा (2) द्वारा प्रदत्त िजक्तयों का प्रयोग करत े हुए, चार्टडट अकाउंर्ेंर् जवजनयम, 1988 के जवजनयम 18 के अधीन यह अजधसूजचत दकया िाता ह ैदक सीए. मनोिकुमार सरू िमलिी मदुं डा (सदस्ट्यता सख्ं या 118598) का नाम 29 मई, 2026 स े 03 (तीन) मास की अवजध के जलए सदस्ट्यों के रजिस्ट्र्र स ेहर् िाएगा। सीए. (डा.) िय कुमार बत्रा, सजचव [जवज्ञापन-III/4/असा./126/2026-27] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 29th May, 2026 (CHARTERED ACCOUNTANTS) F. No. PR/300/2018/DD/301/2018/BOD/646/2022.—In terms of the provisions of Section 21A(3) of the Chartered Accountants Act, 1949 read with sub-rule (9) of Rule 14 of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Board of Discipline has held CA. Manojkumar Surajmalji Mundada (Membership No.118598), Office No.408/9/10 4th Floor, Center Point Building, Near Mitra Mandal Chowk, Swargate, PUNE (Maharashtra)- 411009, guilty of Other Misconduct falling within the meaning of Item (2) of Part IV of the First Schedule to the Chartered Accountants Act, 1949 read with Section 22 of the said Act and consequently after affording an opportunity of being heard in terms of Rule 15(1) of the aforesaid Rules ordered for removal of the name of CA. Manojkumar Surajmalji Mundada (Membership No.118598) from the Register of Members for a period of 03(Three) months. In pursuance of the aforesaid Order of the Board of Discipline and in exercise of the powers conferred by sub-section (2) of Section 20 of the aforesaid Act, it is hereby notified under Regulation 18 of the Chartered Accountants Regulations, 1988 that the name of CA. Manojkumar Surajmalji Mundada (Membership No.118598) shall stand removed from the Register of Members for a period of 03(Three) months with effect from 29th May, 2026. CA.(Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./126/2026-27] 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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