Home Accountant ICAI removes 4 chartered accountants from the register

ICAI removes 4 chartered accountants from the register

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CA Malpractice - ICAI - Chartered accountants - taxscan

The Institute of Chartered Accountants of India (ICAI) has notified the withdrawal of four Chartered Accountants from the membership register.

This is after the Discipline Committee found 4 Chartered Accountants guilty of professional misconduct. The names of the 4 members were removed from the register with the fine.

The Disciplinary Committee held CA. Sunil Kumar Agrawal (member number 075953), M52, Rajeev Nagar, RAIPUR 492 007, guilty of “other misconduct” within the meaning of section 22 of the law and therefore ordered the deletion of the name of CA. Sunil Kumar Agrawal (member number 075953) from the register of members for a period of 01 (one) month and also imposed a fine of Rs. 1,00,000/- (Rupees One Lakh) to be paid only within 60 days .

“Pursuant thereto and in exercise of the powers conferred by subsection (2) of section 20 of the above Act, it is hereby notified, under Regulation 18 of the Accountants Regulations 1988 approved, only the name of CA. Sunil Kumar Agrawal (member number 075953) will be removed from the register of members for a period of 01 (one) month from August 4, 2022,” reads the notification issued on Thursday.

In addition, the Discipline Committee retained CA. Mayur Batra (member no. 096613), 7 Barakhamba Road, NEW DELHI 110 001, guilty of professional misconduct within the meaning of items (5), (6), (7) and (11) of part I of the first schedule to the Act and accordingly ordered the deletion of CA’s name. Mayur Batra (member number 096613) from the register of members for a period of 03 (three) months and also imposed a fine of Rs. 1,00,000/- (Rupees One Lakh) to be paid only within 60 days.

Another notification issued on Thursday said that “Pursuant thereto and in exercise of the powers conferred by sub-section (2) of section 20 of the above-mentioned Act, it is hereby notified under the Regulation 18 of the Chartered Accountants Regulations 1988 that the name of CA Mayur Batra (membership number 096613) will be removed from the register of members for a period of 03 (three) months from 4 August 2022.”

The Committee further found CA. Jatta Shankar Prasad Kushwaha (Member No. 543029), H No. D-156, Gali No. 6, Laxmi Nagar, Delhi 110,092, guilty of professional and other misconduct within the meaning of items (8) and (9) of The Part I and Section (2) of Part IV of the First Schedule read with Section 22 of the aforementioned Act and therefore ordered the removal of the name CA. Jatta Shankar Prasad Kushwaha (member number 543029) from the register of members for a period of 15 (fifteen) days and also imposed a fine of Rs. 5,000/- (five thousand rupees) to be paid only within 60 days .

“Pursuant thereto and in exercise of the powers conferred by subsection (2) of section 20 of the above Act, it is hereby notified, under Regulation 18 of the Accountants Regulations 1988 approved, only the name of CA. Jatta Shankar Prasad Kushwaha (member number 543029) will be removed from the register of members for a period of 15 (fifteen) days from August 4, 2022,” the third notification reads.

In another notification, the Disciplinary Committee retained CA. Rishi Kapoor (Member No. 511912), House No. WE-55, Rama Park Road, Mohan Garden, Uttam Nagar, NEW DELHI 110059, guilty of professional misconduct within the meaning of clause (4) of Part II of the second schedule to the said act and accordingly ordered the deletion of the name of CA. Rishi Kapoor (Member No. 511912) from the Register of Members for a period of 05 (five) years and also imposed a fine of Rs. 3,00,000/- (Rupees Three Lakhs only) to be paid within 30 days of receipt of the order.

“Pursuant to the aforesaid Order of the Disciplinary Committee and in exercising the powers conferred by subsection (2) of section 20 of the aforesaid Act, read together with Regulation 18 of the Accountants Regulations 1988 chartered, it is hereby notified that the name of CA Rishi Kapoor (Member No. 511912) will be removed from the register of members for a period of 05 (five) years from August 4, 2022,” he said. declared.

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Notification No.: F. No. PR/115/15-DD/140/15/DC/678/2017

Judgment date: August 4, 2022