Home India The Institute of Chartered Accountants of India In terms of the provisions of Section 21B 3 of the Chartered...
Date: 01-Jul-2024 Category: Extra Ordinary State: Union Government Country: India

In terms of the provisions of Section 21B 3 of the Chartered Accountants Act, 1949 read with Rule 18 17 of the Chartered Accountants

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

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Executive Summary & Key Takeaways

Gazette Notification Description

  • This gazette notification announces the disciplinary action taken against CA. Anil Saxena (Membership No. 089136) by the Disciplinary Committee of the Institute of Chartered Accountants of India (ICAI).

Key Changes

  • CA. Anil Saxena has been found guilty of professional and other misconduct as defined in Item (2) of Part IV of the First Schedule and Item (7) of Part I of the Second Schedule to the Chartered Accountants Act, 1949.
  • His name has been removed from the Register of Members of the ICAI for a period of three months, effective June 28, 2024.
  • A fine of Rs. 25,000 has been imposed, payable within 60 days of the order.
  • The disciplinary action is based on Section 21B(3) of the Chartered Accountants Act, 1949, Rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, and Regulation 18 of the Chartered Accountants Regulations 1988.

Impact Analysis

Impact on CA. Anil Saxena

  • Inability to practice as a chartered accountant during the suspension period.

Impact on ICAI

  • May face increased workload related to disciplinary proceedings.

Impact on Public

  • Provides assurance that misconduct is addressed and sanctions are imposed.

Suggested Actions

  • ICAI should review its disciplinary procedures to ensure efficiency and effectiveness.

Key Entities Referenced

Institute of Chartered Accountants of India (ICAI): The regulatory body for chartered accountants in India, responsible for setting professional standards and enforcing discipline. Chartered Accountants Act, 1949: The primary legislation governing the chartered accountancy profession in India. Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007: Rules outlining the procedures for investigating professional misconduct among chartered accountants. Chartered Accountants Regulations, 1988: Regulations governing the conduct and practice of chartered accountants. CA. Anil Saxena: Chartered accountant subject to disciplinary action.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-01072024-255064 xxxGIDHxxx CG-DL-E-01072024-255064 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 462] नई ददल्ली, सोमवार, िुलाई 1, 2024/आषाढ 10, 1946 No. 462] NEW DELHI, MONDAY, JULY 1, 2024/ASHADHA 10, 1946 भारतीय सनदी लखे ाकार सस्ट्ं थान, नई ददल्ल ी (ससं दीय अजधजनयम द्वारा स्ट्थाजित) अजधसचू ना नई ददल्ली, 28 िून, 2024 (चार्टडट अकाउंर्ेंट्स) स.ं िीआर/िी/233/2017/डीडी/316/2017/डीसी/1491/2021.—चार्टडट अकाउंर्ेंर् (वृज‍ तक और अन् य कदाचार के अन् वेषणों और मामलों के संचालन की प्रदिया) जनयम, 2007 के जनयम 18(17) के साथ िठित, चार्टडट अकाउंर्ेंर् अजधजनयम, 1949 की धारा 21ख(3) के उिबंधों के जनबंधनानुसार अनुिासन सजमजत ने सीए. अजनल सक्सने ा (सदस्ट्यता सख्ं या 089136), एस-22 िजि खडं 2, िॉिस ट इंददरािरु म, गाजियाबाद 201014 को िवू ोि अजधजनयम की िहली अनुसूची के भाग IV की मद (2) और दसू री अनुसूची के भाग I की मद (7) के अथाटन् तगटत वृजिक और अन्य कदाचार का दोषी अजभजनधाटठरत दकया ह ै और उसके िठरणामस्ट्वरूि अनुिासन सजमजत न े िूवोि जनयमों के जनयम 19(1) के जनबंधनानुसार सुनवाई का अवसर प्रदान करन े के िश्चात,् सीए. अजनल सक्सने ा (सदस्ट्यता सख्ं या 089136) के नाम को 03 (तीन) मास की अवजध के जलए सदस्ट्यों के रजिस्ट्र्र स े हर्ाने का आदेि ददया और साथ ही 25,000/- रुिय े 3883 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] (केवल िच् चीस हिार रुिए) का िुमाटना भी अजधरोजित दकया, जिसका संदाय आदेि की प्राजि से 60 ददन के भीतर दकया िाना ह ै । अनुिासन सजमजत के िूवोि आदिे के अनुसरण में और िूवोि अजधजनयम की धारा 20 की उिधारा (2) द्वारा प्रदि िजियों का प्रयोग करते हुए चार्टडट अकाउंर्ेंर् जवजनयम, 1988 के जवजनयम 18 के अधीन यह अजधसूजचत दकया िाता ह ै दक सीए. अजनल सक्सने ा (सदस्ट्यता सख्ं या 089136) का नाम 28 िनू , 2024 स े 03 (तीन) मास की अवजध के जलए सदस्ट्यों के रजिस्ट्र्र स ेहर् िाएगा । सीए. (डा.) िय कुमार बत्रा, सजचव [जवज्ञािन-III/4/असा./231/2024-25] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 28 June, 2024 (Chartered Accountants) No. PR/G/233/2017/DD/316/2017/DC/1491/2021.—In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee has held CA. Anil Saxena (Membership No. 089136), S-22 Shakti Khand 2, Shoppers Indirapuram, GHAZIABAD 201014, guilty of Professional and Other Misconduct falling within the meaning of Item (2) of Part IV of the First Schedule and Item (7) of Part I of Second Schedule to the aforesaid Act and consequently after affording an opportunity of being heard in terms of Rule 19(1) of the aforesaid Rules, ordered for removal of name of CA. Anil Saxena (Membership No. 089136) from the Register of Members for a period of 03(Three) months and also imposed a Fine of Rs. 25,000/-(Rupees Twenty Five Thousand) only to be paid within 60 days of receipt of the Order. In pursuance of the aforesaid Order of the Disciplinary Committee 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. Anil Saxena (Membership No. 089136), shall stand removed from the Register of Members for a period of 3(Three) months with effect from 28th June, 2024. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./231/2024-25] 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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