ICAI

ICAI bans eight CAs due to professional misconduct

ICAI bans eight CAs due to professional misconduct

ICAI has banned/Removed names of six chartered accountants from the Register of Members for their professional misconduct.

These Chartered Accountants were held by Disciplinary Committee of ICAI guilty of Professional Misconduct and were removed from the Register of Members for specified period with fine to be paid within stipulated a period. Since  the CAs failed to pay the imposed fine within stipulated time, they have been removed for a further period as under:

CA name & Membership Np. City Removal/Ban Period
Samaba Siva Rao M (Membership No. 021858),  BENGALURU  One month w.e.f. 20.01.2022
CA. Jala Durga Srinivas Kambhampati (Membership No. 200487 VISAKHAPATNAM 5 consolidated period of 4 months , 03 months plus additional 1 month with effect from 20th January, 2022
CA. Baddakoti Chinnappa Gowda (Membership No. 204458) BENGALURU One month with effect from 20th January, 2022
CA. Rajagopalan Vedanarayanan (Membership No. 029472 CHENNAI One month with effect from 20th January, 2022
CA. Lalith Kumar A (Membership No. 212155) CHENNAI consolidated period of Two months [One month plus additional one month] with effect from 20th January, 2022

Also, in following case, punishment awarded by the Disciplinary Committee is confirmed / modified as per order of the Appellate Authority

CA. Devki Nandan Gupta (Membership No. 052634 KOLKATA Period of removal reduced from two years to one year as per order of the Appellate Authority.
CA. Krishan Kumar Singhal (Membership No. 050140) KOLKATA Removed for two years as confirmed by the Appellate Authority.

Further in following cases, the removal has been notified as per the findings of the Disciplinary Committee:

CA. Rajendra Nath Bhar (Membership No. 052197), KOLKATA Six months with effect from 20thJanuary, 2022

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