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Date: 16-Apr-2024 Category: Extra Ordinary State: Union Government Country: India

In terms of the provisions of Section 21B3 of the Chartered Accountants Act, 1949 read with Rule

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

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Executive Summary & Key Takeaways

What it means

  • The notification announces the removal of CA. Jayanta Bhattacharya (Membership No. 017916) from the Register of Members of the Institute of Chartered Accountants of India (ICAI) for a period of three months, effective from April 16, 2024. This action follows disciplinary proceedings related to professional misconduct.

Key Changes

  • CA. Jayanta Bhattacharya found guilty of professional misconduct under Clauses (7), (8) and (9) of Part I of the Second Schedule to the Chartered Accountants Act, 1949.
  • Initially, the Disciplinary Committee ordered the removal of CA. Jayanta Bhattacharya's name from the Register of Members for one year.
  • An appeal was filed by CA. Jayanta Bhattacharya, and the Appellate Authority reduced the removal period from one year to three months via an order dated November 2, 2023.
  • The removal from the Register of Members is effective for three months starting April 16, 2024.

Impact Analysis

Suggested Action Items

  • ICAI: Ensure accurate and timely update of the Register of Members to reflect the removal and reinstatement of CA. Jayanta Bhattacharya.

Impact on CA. Jayanta Bhattacharya

  • Need to address the issues that led to the disciplinary action to prevent future occurrences.

Impact on ICAI

  • Requires administrative effort to update and maintain the Register of Members.

Impact on Clients/Public

  • The public is assured that the ICAI takes action against professional misconduct, promoting confidence in the integrity of Chartered Accountants.

Key Entities Referenced

ICAI: The Institute of Chartered Accountants of India, the regulatory body for Chartered Accountants in India. CA. Jayanta Bhattacharya: Chartered Accountant with Membership No. 017916, subject to disciplinary action. Chartered Accountants Act, 1949: The Act that governs the regulation of the profession of Chartered Accountancy in India. Chartered Accountants Regulations, 1988: Regulations framed under the Chartered Accountants Act, 1949, providing detailed rules for the functioning of the ICAI and its members. Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007: Rules outlining the procedures for investigating professional misconduct by Chartered Accountants. Disciplinary Committee: Committee of the ICAI responsible for investigating and adjudicating cases of professional misconduct. Appellate Authority: Authority to which appeals can be made against the orders of the Disciplinary Committee.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-18042024-253742 xxxGIDHxxx CG-DL-E-18042024-253742 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 256] नई ददल्ली, मगं लवार, अप्रलै 16, 2024/चत्रै 27, 1946 No. 256] NEW DELHI, TUESDAY, APRIL 16, 2024/CHAITRA 27, 1946 भारतीय सनदी लखे ाकार सस्ट्ं थान (ससं दीय अजधजनयम द्वारा स्ट्थाजित) अजधसचू ना नई ददल् ली, 16 अप्रलै , 2024 (चार्टडट अकाउंर्ेंट्स) स.ं िीआर/26/14-डीडी/68/14/डीसी/621/2017.—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, चार्टड ट अकाउंर्ेंर् अजधजनयम, 1949 की धारा 21ख(3) के उिबंधों के जनबंधनानुसार, अनुिासन सजमजत न े सीए. ियतं भट्टाचाय ट (सदस्ट्यता सख्ं या 017916), 633, ब्लॉक ओ, न्य ू अलीिोर, कोलकाता 700 053, को िूवोक्त अजधजनयम की दसू री अनुसचू ी के भाग I के खंड (7), (8) और (9) के अथाटन् तगटत वृजिक कदाचार का दोषी िाया ह ै और उसके िठरणामस्ट्वरूि िूवोक्त जनयमों के जनयम 19(1) के जनबंधनानुसार सुनवाई का अवसर प्रदान करन े के िश्चात्, सीए. ियतं भट्टाचाय ट(सदस्ट्यता सख्ं या 017916) के नाम को 01 (एक) वषट की अवजध के जलए सदस्ट्यों के रजिस्ट्र्र स े हर्ान े का आदेि ददया ह ै । अनुिासन सजमजत के आदेि से व्यजथत होकर, प्र‍यथी न े चार्टड ट अकाउंर्ेंर् अजधजनयम, 1949 की धारा 22छ के जनबधं नानुसार अिीलीय प्राजधकरण के समक्ष अिील (33/आईसीएआई/2022) फाइल की और अिीलीय प्राजधकरण ने अिन े तारीख 2 नवंबर, 2023 के आदेि द्वारा प्र‍यथी के नाम को हर्ाए िाने की अवजध को 01 (एक) वषट स े घर्ाकर 03 (तीन) मास कर ददया । इसके अनुसरण म ें और िूवोक्त अजधजनयम की धारा 20 की उिधारा (2) द्वारा प्रदि िजक्तयों का प्रयोग करते हुए, चार्टड ट अकाउंर्ेंर् जवजनयम, 1988 के जवजनयम 18 के अधीन यह अजधसूजचत दकया िाता ह ै दक सीए. ियतं भट्टाचाय ट (सदस्ट्यता सख्ं या 017916) का नाम 16 अप्रलै , 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./025/2024-25] 2587 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 16th April, 2024 (CHARTERED ACCOUNTANTS) No. PR/26/14-DD/68/14/DC/621/2017.—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. Jayanta Bhattacharya (Membership No. 017916), 633, Block O, New Alipore, KOLKATA 700 053, guilty of Professional Misconduct falling within the meaning of Clauses (7), (8) and (9) 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. Jayanta Bhattacharya (Membership No. 017916) from the Register of Members for a period of 01(One) year. Aggrieved by Order of the Committee, the Respondent preferred an Appeal (no. 33/ICAI/2022) before the Appellate Authority in terms of Section 22G of the Chartered Accountants Act, 1949 and the Appellate Authority by its order dated 2nd November, 2023 reduced the period of removal of name of the Appellant from 01(One) year to 03(Three) months. 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 CA. Jayanta Bhattacharya (Membership No. 017916), shall stand removed from the Register of Members for a period of 03(Three) months with effect from 16th April, 2024. CA.(Dr.) JAI KUMAR BATRA, Secy. ADVT.-III/4/Exty./025/2024-25] 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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