The gazette notification announces the disciplinary action taken against CA. Girish Bherumal Gundesha (Membership No. 042885) by the Institute of Chartered Accountants of India (ICAI).
The Board of Discipline found CA. Gundesha guilty of 'Other Misconduct' under the Chartered Accountants Act, 1949 and related rules.
As a result, CA. Gundesha's name has been removed from the Register of Members for a period of three months, effective from March 24, 2023, and a fine of Rs. 1,00,000 has been imposed.
Key Changes
Removal of CA. Girish Bherumal Gundesha (Membership No. 042885) from the Register of Members of ICAI for 3 months, effective March 24, 2023.
Imposition of a fine of Rs. 1,00,000 on CA. Girish Bherumal Gundesha.
The disciplinary action is based on the finding of 'Other Misconduct' as defined under Item (2) of Part IV of the First Schedule read with Section 22 of the Chartered Accountants Act, 1949.
The action was taken after providing CA. Gundesha an opportunity to be heard, in accordance with Rule 15(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007.
Impact Analysis
Impact on CA. Girish Bherumal Gundesha
Reputational damage due to the disciplinary action being publicly announced.
Impact on ICAI
Requires administrative effort to update the Register of Members and manage the fine collection.
Impact on Clients/Public
Reinforces public trust in the ICAI's regulatory oversight of its members.
Suggested Action Items
ICAI to review its disciplinary procedures to identify any areas for improvement.
Key Entities Referenced
Institute of Chartered Accountants of India (ICAI): The regulatory body for Chartered Accountants in India, responsible for setting standards, conducting examinations, and ensuring ethical conduct.
CA. Girish Bherumal Gundesha: Chartered Accountant and member of ICAI, who is the subject of the disciplinary action.
Chartered Accountants Act, 1949: The primary legislation governing the profession of Chartered Accountancy in India.
Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007: Rules outlining the procedures for investigating and handling cases of professional and other misconduct by Chartered Accountants.
Chartered Accountants Regulations, 1988: Regulations made by ICAI to carry out the purposes of the Chartered Accountants Act, 1949.
Board of Discipline: A committee within ICAI responsible for investigating and adjudicating disciplinary cases against members.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एलxx.x-GअID.-E2x5x0x 32023-244702
CG-DL-E-25032023-244702
असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 194] नई ददल्ली, िुिवार, माचट 24, 2023/चत्रै 3, 1945
No. 194] NEW DELHI, FRIDAY, MARCH 24, 2023/CHAITRA 3, 1945
भारतीय सनदी लखे ाकार सस्ट्ं थान, नई ददल्ल ी
अजधसचू ना
(चार्टडट अकाउंर्ेंट्स)
नई ददल्ली, 24 माचट, 2023
स.ं पीपीआर/पी/412/17-डीडी/190/आईएनएफ/18-बीओडी/580/2020 : —चार्टड ट अकाउंर्ेंर् (वृज तक र
अन् य कदाचार के अन् वेषणोणऔ र मामलऔ के संचालन की प्रदिया) जनयम, 2007 के जनयम 14 के उपजनयम (9) के साथ
पठित चार्टड ट अकाउंर्ेंर् अजधजनयम, 1949 की धारा 21क(3) के उपबंधऔ के जनबंधनानुसार संस्ट्थान के अनुिासन बोड ट न े
सीए. जगरीि भरूे मल गडुं ेिा (सदस्ट्यता सख्ं या 042885), 202, खोपकर हाइट्स, वायएमसीए क्लब के सामन,े 383, न्य ू
रास्ट्ता पिे , पणु े - 411011, को पूवोक्त अजधजनयम की धारा 22 के साथ पठित पहली अनुसूची के भाग 4 के खंड (2) के
अथाटन् तगटत ‘अन्य कदाचार’ का दोषणोी पाया ह ै र उसके पठरणामस्ट्वरूप अनुिासन बोड ट न े पवू ोक्त जनयमऔ के जनयम 15 के
उपजनयम (1) के जनबंधनानुसार सुनवाई का अवसर प्रदान करने के पश्चात ् सीए. जगरीि भरूे मल गडुं ेिा (सदस्ट्यता सख्ं या
042885) के नाम को तीन (03) मास की अवजध के जलए सदस्ट्यऔ के रजिस्ट्र्र से हर्ाने का आदेि ददया र साथ ही उन
पर 1,00,000 रुपए (केवल एक लाख रुपए) का िुमाटना भी अजधरोजपत दकया गया । इसके अनुसरण में र पूवोक्त
अजधजनयम की धारा 20 की उपधारा (2) द्वारा प्रदत्त िजक्तयऔ का प्रयोग करते हुए, चार्टडट अकाउंर्ेंर् जवजनयम, 1988 के
1984 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
जवजनयम 18 के अधीन यह अजधसूजचत दकया िाता ह ै दक उक्त सीए. जगरीि भरूे मल गडुं ेिा (सदस्ट्यता सख्ं या 042885)
का नाम 24 माच,ट 2023 स ेतीन (03) मास की अवजध के जलए सदस्ट्यऔ के रजिस्ट्र्र स ेहर् िाएगा ।
सीए.(डा.)िय कुमार बत्रा, सजचव
[जवज्ञापन-III/4/असा./720/2022-23]
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI
NOTIFICATION
(CHARTERED ACCOUNTANTS)
New Delhi, the 24th March, 2023
No. PPR/P/412/17-DD/190/INF/18-BOD/580/2020:—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. Girish Bherumal Gundesha (Membership No. 042885), 202, Khopkar Heights, Opposite YMCA Club,
383, New Rasta Peth, PUNE - 411011, guilty of ‘Other Misconduct’ falling within the meaning of Item (2) of Part
IV of the First Schedule read with Section 22 of the aforesaid 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. Girish Bherumal
Gundesha (Membership No. 042885) from the Register of Members for a period of 3(Three) months and also
imposed a fine of Rs. 1,00,000/- (Rupees One Lakh) only. In pursuance thereof 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 said CA. Girish Bherumal Gundesha (Membership No.
042885) shall stand removed from the Register of Members for a period of 03(Three) months with effect from
24th March, 2023.
CA.(Dr.) JAI KUMAR BATRA, Secy.
[ADVT.III/4/Extry./720/2022-23]
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.