ICAI

ICAI Disciplinary Mechanism-Review of intricacies involved

ICAI Disciplinary Mechanism-Review of intricacies involved. This announcement came soon after the Govt. set up a panel to review existing mechanism to deal with misconduct by CA CS, CMA etc.

Group to look into the intricacies involvced in areas pertaining to the Disciplinary Mechanism – ICAI

No.M-626/16-2/2017

27th April, 2017

ALL MEMBERS OF THE COUNCIL

Madam/Dear Sir,

In partial modification of our letter number No.M-626/16-1/2017 dated 24th April, 2017, the President, in terms of the authority given to him by the Council at its 363rd meeting held on 12th February, 2017, has also nominated Ms. Bindu Agnihotri and Shri Amit Chatterjee, Government Nominees on the Disciplinary Committee of the Institute on the Group to look into the intricacies involved in areas pertaining to the disciplinary mechanism wherein changes need to be made and thereafter, further amendments to the Chartered Accountants Act, 1949 and the Rules framed thereunder

Accordingly, the revised composition of the said Group is now as under:-

  • CA. Sanjay Kumar Agarwal, Convenor
  • Shri R.K. Tewari, Government Nominee on Board of Discipline
  • Ms. Bindu Agnihotri, Government Nominee on Disciplinary Committee
  • Shri Amit Chatterjee, Government Nominee on Disciplinary Committee
  • CA. G. Sekar
  • CA. Atul Kumar Gupta
  • CA. Sanjiv Kumar Chaudhary
  • CA. (Dr.) Debashis Mitra
  • CA. K. Sripriya

Shri Ravindra Singh Pundhir, Assistant Secretary will continue to act as Secretary and Ms. Aruna Sarma, Sr. Executive Officer will assist the Secretary to the said group.

The President has requested the Group to complete the task at the earliest so that the report of said Group can be placed at the next meeting of the Council. The President has further desired that till the return of CA. Sanjay Kumar Agarwal from abroad, the Meeting of the Group will be convened by CA. (Dr.) Debashis Mitra.

Yours faithfully,

( V. Sagar )
Secretary

Share

Recent Posts

  • Income Tax

After holding cash receipts/payments as unexplained, ad-hoc addition can not be made – HC

After holding that the cash receipts and cash payments are unexplained, ad-hoc estimation of income can not be adopted –…

16 hours ago
  • Income Tax

Dividing total turnover by 365 days to arrive at daily cash sale is based on conjectures and surmises

Dividing total turnover by 365 days and concluding that assessee could not have made such cash sale on a single…

3 days ago
  • Empanelment

NERIST Arunachal Pradesh invites EoI for Empanelment of Chartered Accountant firm

NERIST Arunachal Pradesh invites EoI for Empanelment of Chartered Accountant firm North Eastern Regional Institute of Science and Technology, (NERIST)…

4 days ago
  • Empanelment

Sibsagar University invites EoI for Appointment of Internal Auditor for 01.08.2024 to 31.03.2026.

Sibsagar University invites Expression of Interest (EOI) for Appointment of Internal Auditor  Sibsagar University invites Expression of Interest (EOI) from reputed…

4 days ago
  • Income Tax

Andhra Pradesh High Court struck down Section 147A of the Income Tax Act, 1961 as unconstitutional

In a recent judgment Andhra Pradesh High Court struck down Section 147A of the Income Tax Act, 1961 as unconstitutional.…

4 days ago
  • consumer-protection

Compensation to borrower upheld as bank did not verify construction progress before loan disbursals to builder

Bank was liable to pay compensation to borrower as it did not verify the progress of construction before loan disbursals…

6 days ago