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 Kapil Kansal (Membership No. 540411). Effective from May 29, 2026, the member’s name is removed from the Register of Members for a period of three months. The action follows a finding of "Other Misconduct" under the provisions of the Chartered Accountants Act, 1949. **Key Points / Main Content** **Disciplinary Finding and Legal Basis** * The Board of Discipline found CA Kapil Kansal guilty of "Other Misconduct" under Item (2) of Part IV of the First Schedule to the Chartered Accountants Act, 1949. * The decision was reached 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. **Sanction and Duration** * The Board of Discipline ordered the removal of the member's name from the Register of Members. * The removal is stipulated for a fixed period of 03 (three) months. * The order was finalized after providing the member with an opportunity to be heard under Rule 15(1). **Official Notification and Enforcement** * The removal is enforced under Regulation 18 of the Chartered Accountants Regulations, 1988, and Section 20(2) of the Act. * The effective date for the commencement of the three-month removal period is May 29, 2026. **Impact Analysis** **CA Kapil Kansal (Membership No. 540411)** **Impact** The individual is legally barred from practicing as a Chartered Accountant or using the title for the three-month duration of the removal. His name will be officially absent from the Register of Members during this period. **Action Required** The member must comply with the removal order and cease all professional activities and representations tied to ICAI membership effective from May 29, 2026. **The Institute of Chartered Accountants of India (ICAI)** **Impact** The ICAI fulfills its regulatory mandate to maintain professional standards and public trust by enforcing disciplinary measures. **Action Required** The Secretary and the Registering authority must update the Register of Members to reflect the removal of the member’s name for the specified three-month period.

Key Entities Referenced

Chartered Accountants Act, 1949: The primary legislation governing the regulation and professional conduct of chartered accountants in India, providing the legal basis for disciplinary actions. The Institute of Chartered Accountants of India: The statutory body established by an Act of Parliament that regulates the profession and issued this notification regarding member misconduct. CA. Kapil Kansal: The individual member (Membership No. 540411) found guilty of misconduct and whose name has been removed from the Register of Members for three months. Board of Discipline: The specific authority within the Institute that investigated the case, found the member guilty, and ordered the disciplinary removal. Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007: The procedural rules cited for conducting investigations and providing an opportunity for the member to be heard before passing the order.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-30052026-272974 xxxGIDHxxx CG-DL-E-30052026-272974 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 358] नई ददल्ली, िुिवार, मई 29, 2026/ज्य ष्े ि 8, 1948 No. 358] 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/िी/289/2017-डीडी/293/2017-बीओडी/684/2023.—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 बोड ट न े सीए. कजपल कंसल (सदस्ट्यता सख्ं या 540411), बी-1/494, िीएफ, िनकपरु ी, नई ददल्ली (ददल्ली)-110058, को उक्त अजधजनयम की धारा 22 के साथ पठित चार्टड ट 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 जनबधं नानुसार सुनवाई का अवसर प्रदान करने के पश्चात्, सीए. कजपल कंसल (सदस्ट्यता सख्ं या 540411) के नाम को 03 (तीन) मास की अवजध के जलए सदस्ट्यों के रजिस्ट्र्र स ेहर्ाने का आदेि ददया ह।ै अनुिासन बोड टके पूवोक्त आदेि के अनुसरण म ेंऔर पवू ोक्त अजधजनयम की धारा 20 3812 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 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. कजपल कंसल (सदस्ट्यता सख्ं या 540411) 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./127/2026-27] 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/G/289/2017/DD/293/2017/BOD/684/2023.—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. Kapil Kansal (Membership No.540411), B-1/494, GF, Janakpuri, NEW DELHI (Delhi)- 110058, 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. Kapil Kansal (Membership No.540411) 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. Kapil Kansal (Membership No.540411) 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./127/2026-27] 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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