The notification announces the removal of CA. Vijay Kumar Chopra (Membership No. 138740) from the Register of Members of the Institute of Chartered Accountants of India (ICAI) for a period of six months, effective from December 1, 2023. This action follows a disciplinary process where CA. Chopra was found guilty of professional misconduct. Additionally, a fine of Rs. 1,00,000 was imposed.
Key Changes
Removal of CA. Vijay Kumar Chopra (Membership No. 138740) from the Register of Members for 6 months, effective December 1, 2023.
Imposition of a fine of Rs. 1,00,000 on CA. Vijay Kumar Chopra.
The Disciplinary Committee found CA. Vijay Kumar Chopra guilty of professional misconduct under Item (7) of Part I of the Second Schedule to the Chartered Accountants Act, 1949.
An appeal filed by CA. Chopra against the Disciplinary Committee's order was upheld by the Appellate Authority on November 8, 2023, in appeal no. 09/ICAI/2023.
Impact Analysis
Impact on CA. Vijay Kumar Chopra
Required Action: CA. Chopra must comply with the order and refrain from practicing as a Chartered Accountant during the suspension period. He also needs to pay the imposed fine.
Impact on Clients of CA. Vijay Kumar Chopra
Required Action: Clients should be informed about the situation and assisted in transitioning to another service provider if necessary.
Impact on ICAI
Required Action: ICAI should update its records to reflect the suspension and ensure compliance with the order.
Impact on the Accounting Profession
Required Action: Accounting firms should review their internal controls and training programs to prevent similar instances of misconduct.
Key Entities Referenced
CA. Vijay Kumar Chopra: Chartered Accountant, Membership No. 138740, who has been suspended from the Register of Members for six months and fined Rs. 1,00,000 due to professional misconduct.
Institute of Chartered Accountants of India (ICAI): The regulatory body for Chartered Accountants in India, responsible for setting standards, conducting examinations, and enforcing ethical conduct.
Disciplinary Committee: A committee within the ICAI responsible for investigating and adjudicating cases of professional misconduct.
Appellate Authority: An authority to which appeals can be made against the decisions of the Disciplinary Committee.
Chartered Accountants Act, 1949: The Act of Parliament that establishes and governs the ICAI and the profession of Chartered Accountancy in India.
Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007: Rules that govern the procedure for investigating professional misconduct.
Chartered Accountants Regulations, 1988: Regulations pertaining to the Chartered Accountants Act.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-02122023-250384
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CG-DL-E-02122023-250384
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 791] नई ददल्ली, िुाृार, ददसम्बर 1, 2023/अग्रहायण 10, 1945
No. 791] NEW DELHI, FRIDAY, DECEMBER 1, 2023/AGRAHAYANA 10, 1945
भारतीय सनदी लखे ाकार सस्ट्ं थान, नई ददल्ल ी
(ससं दीय अजधजनयम द्वारा स्ट्थाजित)
अजधसचू ना
नई ददल्ली, 1 ददसम्बर, 2023
(चार्टडट अकाउंर्ेंट्स)
स.ं िीआर/139/2017/डीडी/187/2017/डीसी/1265/2020.—चार्डट ट अकाउंर्ेंर् वृतजत तक र अ य कदाचार के
अ ृेषणोणऔ र मामलऔ के सचं ालन कप प्रदाया) जनयम, 2007 के जनयम 18(17) के साथ िठित, चार्टडट अकाउंर्ेंर्
अजधजनयम, 1949 कप धारा 21खव3) के उिबंधऔ के जनबंधनानुसार अनुिासन सजमजत न े सीए. जृिय कुमार चोिडा
वसदस्ट्यता संख्या 1387)0), 2), जिभोृन िाकट, अचेर बस जडिो के िास, िृाहर चौक, अहमदाबाद वगुिरात) 380005,
को िूृोक्त अजधजनयम कप दसू री अनुसूची के भाग I कप मद (7) के अथाटत गतट ृतजतिकक कदाचार का दोषणोी िाया ह र उसके
िठरणामस्ट्ृरूि िूृोक्त जनयमऔ के जनयम 19व1) के जनबंधनानुसार सुनृाई का अृसर प्रदान करने के बाद सीए. जृिय
कुमार चोिडा वसदस्ट्यता संख्या 1387)0) के नाम को 06 वछह) मास कप अृजध के जलए सदस्ट्यऔ के रजिस्ट्र्र से हर्ान े का
आदेि ददया र साथ ही केृल 1,00,000 रुिए वएक लाख रुिए) का िुमाटना भी अजधरोजित दकया । सजमजत के आदेि से
व्यजथत होकर, प्रतयथी न े चार्डट ट अकाउंर्ेंर् अजधजनयम, 19)9 कप धारा 22छ के जनबंधनानुसार अिीलीय प्राजधकरण के
समक्ष अिील फाइल कप र अिील संख्या 09/आईसीएआई/2023 में अिीलीय प्राजधकरण न े तारीख 08 नृंबर, 2023 के
आदेि के द्वारा अनुिासन सजमजत के आक्षेजित आदेि कप िुजि कप । इसके िूृोक्त आदिे के अनुसरण में र िूृोक्त
अजधजनयम कप धारा 20 कप उिधारा व2) द्वारा प्रदतिक िजक्तयऔ का प्रयोग करते हुए, चार्टडट अकाउंर्ेंर् जृजनयम, 1988 के
7471 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
जृजनयम 18 के अधीन यह अजधसूजचत दकया िाता ह दक उक्त सीए. जृिय कुमार चोिडा वसदस्ट्यता संख्या 1387)0) का
नाम 1 ददसंबर, 2023 से 06 वछह) मास कप अृजध के जलए सदस्ट्यऔ के रजिस्ट्र्र से हर् िाएगा।
सीए. वडा.) िय कुमार बिा, सजचृ
[जृज्ञािन-III/)/असा./573/2023-2)]
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI
(Set up by an Act of Parliament)
NOTIFICATION
New Delhi, the 1st December, 2023
(Chartered Accountants)
F. No. PR/139/2017/DD/187/2017/DC/1265/2020.—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.
Vijay Kumar Chopra(Membership No. 138740), 24, Tribhovan Park Near Acher Bus Depot, Jawahar Chowk,
AHMEDABAD(Gujarat) 380005, guilty of Professional Misconduct falling within the meaning of 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. Vijay Kumar Chopra(Membership No.
138740) from the Register of Members for a period of 06(Six) months and also imposed a fine of Rs. 1,00,000/-
(Rupees One Lakh) only. Aggrieved by Order of the Committee, the Respondent preferred an Appeal in terms of
Section 22G of the Chartered Accountants Act, 1949 and the Appellate Authority in appeal no. 09/ICAI/2023 vide its
order dated 8th November, 2023 has upheld the impugned order of the Disciplinary Committee. 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. Vijay Kumar
Chopra(Membership No. 138740), shall stand removed from the Register of Members for a period of 06(Six) months
with effect from 1st December, 2023.
CA. (Dr.) JAI KUMAR BATRA, Secy.
[ADVT.-III/4/Exty./573/2023-24]
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