In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants

## Report on Notification Regarding Removal of Chartered Accountant from Register of Members **1. Executive Summary:** This report analyzes a notification issued by the Institute of Chartered Accountants of India (ICAI) regarding the removal of CA. Ujjavalkumar Vallabhdas Chaniyara from the Register of Members for a period of two years, effective November 26, 2021. The core purpose is to enforce disciplinary action against a member found guilty of professional misconduct. The key finding is the enforcement of Section 21B3 of the Chartered Accountants Act, 1949, leading to a temporary revocation of membership rights. **2. Introduction:** This report aims to provide an informative overview of a notification published by the Institute of Chartered Accountants of India (ICAI) concerning disciplinary action against one of its members. The analysis is based solely on the provided text of the notification. **3. Policy Overview:** * This document represents an *enforcement action* under existing laws and regulations rather than a new policy creation. It references the Chartered Accountants Act, 1949, and the Chartered Accountants Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases Rules, 2007. * **Core Objective:** The objective is to enforce professional standards and maintain the integrity of the chartered accountancy profession by disciplining members found guilty of misconduct. **4. Background and Rationale:** This notification addresses a case of professional misconduct by a Chartered Accountant. The text indicates that the Disciplinary Committee of ICAI investigated and found CA. Ujjavalkumar Vallabhdas Chaniyara guilty of violating Clause 7 of Part I of the Second Schedule to the Chartered Accountants Act. The rationale for this action is to uphold the ethical standards and public trust associated with the chartered accountancy profession. **5. Key Provisions / Changes:** This notification details an *enforcement* action, not an amendment. Therefore, the key provision is the removal of CA. Ujjavalkumar Vallabhdas Chaniyara's name from the Register of Members of the ICAI for two years, effective November 26, 2021. This action is a direct consequence of the Disciplinary Committee's finding of professional misconduct. The specific misconduct is defined as falling under Clause 7 of Part I of the Second Schedule to the Chartered Accountants Act, though the nature of the misconduct isn't detailed in this text. **6. Target Audience and Stakeholders:** The immediate target audience is CA. Ujjavalkumar Vallabhdas Chaniyara, who is directly affected by the removal of his name from the Register of Members. Secondary stakeholders include: * The Institute of Chartered Accountants of India (ICAI), which is responsible for enforcing the Act. * Clients and associates of CA. Chaniyara. * The broader chartered accountancy profession, as the notification serves as a deterrent against professional misconduct. * The public, who rely on the integrity of chartered accountants. **7. Implementation Aspects (Inferred):** * **Responsible Agency:** The Institute of Chartered Accountants of India (ICAI), specifically the Disciplinary Committee and the Acting Secretary (CA. Dr. Jai Kumar Batra). * **Timelines:** The removal is effective from November 26, 2021, and lasts for a period of two years. * **Procedures:** The notification is published in the Gazette of India, indicating a formal and public record of the disciplinary action. The process involves an investigation by the Disciplinary Committee, a finding of guilt, and an order for removal from the register. **8. Expected Outcomes / Impact of Changes:** The intended outcome is to ensure adherence to professional ethics within the chartered accountancy profession. The removal of CA. Chaniyara from the register aims to: * Penalize the individual for the misconduct. * Deter other members from engaging in similar unethical practices. * Maintain public confidence in the integrity of chartered accountants. * Potentially disrupt the practice/business of CA. Chaniyara, impacting clients. **9. Conclusion:** The notification signifies the ICAI's commitment to upholding professional standards and enforcing disciplinary measures against members found guilty of misconduct. The removal of CA. Ujjavalkumar Vallabhdas Chaniyara from the Register of Members for two years serves as a reminder of the importance of ethical conduct and accountability within the chartered accountancy profession. The notification, by its publication in the Gazette of India, ensures transparency and reinforces the ICAI's role in maintaining the integrity of the profession.

Key Entities Referenced