Home India The Institute of Chartered Accountants of India In terms of the provisions of Section 21B 3 read with Rules ...
Date: 2016-05-02 Category: Extra Ordinary State: Union Government Country: India

In terms of the provisions of Section 21B 3 read with Rules 18 17 and 19 1 of the Chartered Accountants Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases Rules, 2007

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

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Executive Summary & Key Takeaways

This notification, issued by The Institute of Chartered Accountants of India on May 2, 2016, announces the removal of Shri M. Rajkumar, Membership No. 023308, from the Register of Members for a period of six months, effective May 2, 2016. This action follows a finding by the Disciplinary Committee that Shri Rajkumar was guilty of Professional Misconduct under Clause 7 of Part 1 of the Second Schedule to the Chartered Accountants Act, 1949, as amended in 2006. The decision was made in accordance with Section 21B(3) of the Act, read with Rules 18(17) and 19(1) of the Chartered Accountants Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases Rules, 2007. The notification is issued under Section 20(2) of the Chartered Accountants Act, 1949, read with Regulation 18 of the Chartered Accountants Regulations, 1988. Contact information for further inquiries is not provided in the document.

Key Entities Referenced

The Institute of Chartered Accountants of India: An organization established by an Act of Parliament related to chartered accountants. New Delhi: The location where the notification was issued. Chartered Accountants Act, 1949: The primary legislation governing chartered accountants in India. Chartered Accountants Amendment Act, 2006: An amendment to the Chartered Accountants Act, 1949. Shri M. Rajkumar: A Chartered Accountant found guilty of professional misconduct. Chennai, Tamil Nadu: The city and state where Shri M. Rajkumar's office is located. Chartered Accountants Regulations, 1988: Regulations pertaining to the Chartered Accountants Act. Chartered Accountants Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases Rules, 2007: Rules governing the investigation of misconduct by chartered accountants.
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