The notification announces the removal of CA. Tushar Kanti Jana's name (Membership No. 009125) from the Register of Members of the Institute of Chartered Accountants of India (ICAI) for a period of one month, effective from March 24, 2023.
This action follows a disciplinary proceeding where CA. Tushar Kanti Jana was found guilty of professional misconduct and a fine of Rs. 5,00,000/- was imposed. Since the fine was not paid within the stipulated 90-day period, the Disciplinary Committee ordered the removal of his name from the register.
Key Changes
CA. Tushar Kanti Jana (Membership No. 009125) is barred from practicing as a Chartered Accountant for one month starting March 24, 2023.
A fine of Rs. 5,00,000/- was initially imposed on CA. Tushar Kanti Jana for professional misconduct, with a 90-day payment deadline.
The removal is a consequence of failing to pay the fine within the given timeframe.
Impact Analysis
Impact on CA. Tushar Kanti Jana
Potential financial implications if the fine remains unpaid and further actions are taken by the ICAI.
Impact on ICAI
May serve as a deterrent to other members who might consider engaging in unethical practices.
Impact on Clients/Public
Maintains public trust in the profession by holding members accountable for their actions.
Suggested Action Items
CA. Tushar Kanti Jana to consider options for settling the outstanding fine to avoid further penalties upon reinstatement.
Key Entities Referenced
CA. Tushar Kanti Jana: Chartered Accountant with Membership No. 009125, who has been found guilty of professional misconduct.
The Institute of Chartered Accountants of India (ICAI): The regulatory body for the profession of Chartered Accountancy in India, responsible for setting standards, conducting examinations, and enforcing ethical conduct among its members.
Disciplinary Committee of ICAI: A committee within the ICAI responsible for investigating and adjudicating cases of professional misconduct by Chartered Accountants.
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 professional misconduct.
Chartered Accountants Regulations, 1988: Regulations related to the Chartered Accountants Act, 1949.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-25032023-244677
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CG-DL-E-25032023-244677
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 183] नई ददल्ली, िुावार, माचच 24, 2023/चत्रै 3, 1945
No. 183] NEW DELHI, FRIDAY, MARCH 24, 2023/CHAITRA 3, 1945
भारतीय सनदी लखे ाकार सस्ट्ं थान, नई ददल्ल ी
(ससं दीय अजधजनयम द्वारा स्ट्थाजित)
अजधसचू ना
नई ददल् ली, 24 माचच, 2023
(चार्चडच अकाउंर्ेंट्स)
स.ं िीिीआर/िी/112/2017/डीडी/96/र्ीएएमसी/आईएनएफ/2017/डीसी/925/2018.—चार्चडच अकाउंर्ेंर्
(वृज तक और अन् य कदाचार के अन् वेषणोणऔ और मामलऔ के संचालन कप प्रदाया जनयम, 2007 के जनयम 18(17) के साथ
िठित, चार्चडच अकाउंर्ेंर् अजधजनयम, 1949 कप धारा 21ख(3 के उिबधं औ के जनबंधनानुसार अनिु ासन सजमजत ने सीए.
तषणोु ार काजं त िाना (सदस्ट्यता सख्ं या 009125 , सी/ओ. डॉ. एम एन िी महािात्रा, िकं रारा, तामलकु िीओ, जमदनािरु
(िजिमी बगं ाल 721636, को िूवोक्त अजधजनयम कप दसू री अनुसूची के भाग 2 के खडं (1) के अथाचन्त गतच वृजिक कदाचार
का दोषणोी िाया ह ै और उसके िठरणामस्ट्वरूि अनुिासन सजमजत ने िूवोक्त जनयमऔ के जनयम 19(1 के जनबंधनानुसार
सुनवाई का अवसर प्रदान करने के ििात ् केवल 5,00,000/- रुिये (रुिय े िांच लाख का िुमाचना अजधरोजित दकया,
जिसका संदाय 90 ददनऔ के भीतर दकया िाना ह ै और अनुबंजधत समय के भीतर िुमाचने के संदाय में व्यजताम कप दिा म ें
उसके नाम को 01 (एक मास कप अवजध के जलए सदस्ट्यऔ के रजिस्ट्र्र स े हर्ा ददया िाएगा । चूंदक, प्रयथी अनुबंजधत समय
के भीतर अजधरोजित िुमाचन े का संदाय करन े म ें असफल रहा है, अत: अनुिासन सजमजत के िूवोक्त आदेि के अनुसरण म ें
और चार्चड च अकाउंर्ेंर् जवजनयम, 1988 के जवजनयम 18 के साथ िठित िूवोक्त अजधजनयम कप धारा 20 कप उिधारा (2)
द्वारा प्रदि िजक्तयऔ का प्रयोग करत े हुए यह अजधसूजचत दकया िाता ह ै दक उक्त सीए. तषणोु ार काजं त िाना (सदस्ट्यता सख्ं या
009125 का नाम 24 माच,च 2023 स ेएक (01 मास कप अवजध के जलए सदस्ट्यऔ के रजिस्ट्र्र स ेहर् िाएगा ।
सीए. (डॉ. िय कुमार बत्रा, सजचव
[जवज्ञािन-III/4/असा./709/2022-23]
1973 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI
(Set up by an Act of Parliament)
NOTIFICATION
New Delhi, the 24th March, 2023
(CHARTERED ACCOUNTANTS)
No. PPR/P/112/2017/DD/96/TAMC/INF/2017/DC/925/2018.—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. Tushar Kanti Jana (Membership No. 009125), C/o. Dr. M N G Mahapatra, Sankarara, Tamluk
PO, MIDNAPORE (West Bengal) 721636, guilty of Professional Misconduct falling within the meaning of Clause
(1) of Part II 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, imposed a fine of Rs. 5,00,000/-(Rupees Five Lakhs) only to be paid
within 90 days and in case of default in payment of fine within stipulated time, his name be removed from the Register
of Members for a period of 01(One) month. Since the Respondent has failed to pay the imposed fine within stipulated
time, 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 said CA. Tushar Kanti Jana (Membership No. 009125), shall
stand removed for a period of 01(One) month with effect from 24th March, 2023.
CA. (Dr.) JAI KUMAR BATRA, Secy.
[ADVT.-III/4/Exty./709/2022-23]
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.