ICAI bans a CA for additional month and withdraws removal of another CA for alleged misconduct
ICAI had earlier removed the names of these chartered accountants from the Register of Members and had also imposed a fine with condition that in case of default in payment of fine within stipulated time, his name be removed for additional one month period.
Since these CAs had failed to pay the imposed fine within stipulated time, the Disciplinary Committee in terms of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007 and the Chartered Accountants Regulations 1988 has ordered their further removal as under:
| Name of CA | Period of removal |
| CA. Muthukumaran Jayaraman (Membership No. 207004) Virugambakkam, CHENNAIÂ | Consolidated period of Thirteen months (one year plus additional one month) with effect from 14th February, 2022 |
Further in the following cases, the Appellate Authority had set aside the Order of the Disciplinary Committee holding the CA not Guilty of any misconduct. As a result his removal has been restored:
| CA. Raj Seckhar M S (Membership No. 200772), Macheri Manor, Coimbatore | order for removal of name is withdrawn |
- AO not justified in rejecting registered valuer’s report without reference to DVO – ITAT
- FCRA specifies list of 105 purposes to be selected for which registration is applied
- Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company
- Temporarily blocking public access to Telegram App not disproportionate – Delhi High Court
- High Court explains the meaning of term ‘enterprise’ appearing in section 80IA
