The notification announces the removal of CA. Tandarai Raman Sarathy (Membership No. 025982) from the Register of Members of the Institute of Chartered Accountants of India (ICAI) for a period of two months due to professional misconduct.
Key Changes
CA. Tandarai Raman Sarathy (Membership No. 025982) has been found guilty of professional misconduct under Clauses (2) and (7) of Part I of the Second Schedule to the Chartered Accountants Act, 1949.
The Disciplinary Committee of ICAI has ordered the removal of CA. Tandarai Raman Sarathy's name from the Register of Members.
The removal period is for 2 (two) months, effective from September 22, 2023.
The action is taken under Section 21B(3) of the Chartered Accountants Act, 1949, read with Rule 18(17) and Rule 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, 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.
Impact Analysis
Impact on CA. Tandarai Raman Sarathy
Potential impact on existing client relationships and future opportunities.
Impact on Clients of CA. Tandarai Raman Sarathy
Need to ensure continuity of service and compliance during the suspension period.
Impact on ICAI
May impact the perception of the profession among the public and stakeholders.
Suggested Action Items
Review internal controls and processes to prevent future instances of professional misconduct.
Key Entities Referenced
The Institute of Chartered Accountants of India (ICAI): A statutory body established by an Act of Parliament to regulate the profession of Chartered Accountancy in India.
CA. Tandarai Raman Sarathy: A member of ICAI (Membership No. 025982) who has been found guilty of professional misconduct.
Chartered Accountants Act, 1949: The primary legislation governing the Chartered Accountancy profession in India.
Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007: Rules outlining the procedures for investigating and handling cases of professional misconduct by Chartered Accountants.
Chartered Accountants Regulations, 1988: Regulations framed under the Chartered Accountants Act, 1949, providing detailed rules for the functioning of ICAI and its members.
Disciplinary Committee: A committee of ICAI responsible for investigating and adjudicating cases of professional misconduct.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-23092023-248916
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CG-DL-E-23092023-248916
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 657] नई ददल्ली, िुावार, जसतम्ब र 22, 2023/भाद्र 31, 1945
No. 657] NEW DELHI, FRIDAY, SEPTEMBER 22, 2023/BHADRA 31, 1945
भारतीय सनदी लखे ाकार सस्ट्ं थान
(ससं दीय अजधजनयम द्वारा स्ट्थाजित)
अजधसचू ना
नई ददल् ली, 22 जसतम्ब र, 2023
(चार्टडट अकाउंर्ेंट्स)
स.ं िीआर/207/2014/डीडी/223/2014/डीसी/1137/2019.—चार्डट ट अकाउंर्ेंर् (वृज तक र अ य कदाचार के
अ वेषणोणऔ र मामलऔ के सचं ालन कप प्रदाया जनयम, 2007 के जनयम 18(17) के साथ िठित, चार्टडट अकाउंर्ेंर्
अजधजनयम, 1949 कप धारा 21ख(3 के उिबंधऔ के जनबंधनानुसार, अनुिासन सजमजत न े सीए. तदं ाराय रमन सारथी
(सदस्ट्यता सख्ं या 025982 , प्लॉर् सख्ं या 39-1/3, िहली मजं िल, नॉथ ट िरेड रोड, चन्ने ई (तजमलनाडु 600016, को
िूवोक्त अजधजनयम कप दसू री अनुसूची के भाग I के खडं (2) र (7 के अथाटत गतट वृजिक कदाचार का दोषणोी िाया ह ै र
उसके िठरणामस्ट्वरूि अनिु ासन सजमजत ने िूवोक्त जनयमऔ के जनयम 19(1 के जनबधं नानुसार सुनवाई का अवसर प्रदान
करने के िश्चात,् सीए. तदं ाराय रमन सारथी (सदस्ट्यता सख्ं या 025982 के नाम को 02 (दो मास कप अवजध के जलए
सदस्ट्यऔ के रजिस्ट्र्र से हर्ाने का आदिे ददया ह ै । अनिु ासन सजमजत के िूवोक्त आदेि के अनुसरण म ें र िूवोक्त अजधजनयम
कप धारा 20 कप उिधारा (2) द्वारा प्रदि िजक्तयऔ का प्रयोग करत े हुए, चार्टडट अकाउंर्ेंर् जवजनयम, 1988 के जवजनयम 18
के अधीन यह अजधसूजचत दकया िाता ह ै दक सीए. तदं ाराय रमन सारथी (सदस्ट्यता सख्ं या 025982 का नाम 22 जसतबं र,
2023 स े02 (दो मास कप अवजध के जलए सदस्ट्यऔ के रजिस्ट्र्र स ेहर् िाएगा ।
सीए. (डा. िय कुमार बत्रा, सजचव
[जवज्ञािन-III/4/असा./439/2023-24]
6047 GI/2023 (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 22nd September, 2023
(CHARTERED ACCOUNTANTS)
No. PR/207/2014/DD/223/2014/DC/1137/2019.—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. Tandarai Raman Sarathy (Membership No. 025982), Plot No. 39-1/3, 1st Floor, North Parade Road,
CHENNAI(Tamilnadu) 600016, guilty of Professional Misconduct falling within the meaning of Clauses (2) and (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 the name of CA. Tandarai Raman Sarathy
(Membership No. 025982) from the Register of Members for a period of 2(Two) months. 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. Tandarai Raman Sarathy (Membership No. 025982), shall stand removed for a
period of 02(Two) months with effect from 22nd September, 2023.
CA. (Dr.) JAI KUMAR BATRA, Secy.
[ADVT.-III/4/Exty./439/2023-24]
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.