ICAI issues Election Code of Conduct for 24th Council and 23rd Regional Councils elections
ICAI has issued Election Code of Conduct for Compliance by Candidates and their authorized representatives for Election to the Twenty Fourth Council and Twenty Third Regional Councils to be held on 7th and 8th December, 2018.
The Election Code of Conduct contains instructions and norms for compliance by candidates and their authorized representatives and shall come into force from the date of issue of notification under Rule 4(2), i.e. 6th September, 2018, and remain in force till counting of votes is completed and election results are notified in the Gazette of India.
The Chartered Accountants (Election to the Council) Rules, 2006 have been specified by the Central Government, under The Chartered Accountants Act, 1949. Rule 16 of the said Rules requires the Council of the Institute to approve an Election Code of Conduct, with the view to maintain a healthy and peaceful atmosphere during the election process for ensuring a free and fair election. In accordance with this requirement, the Council of the Institute has approved the Election Code of Conduct for candidates and their authorized representatives for required compliance.
The Election Code of Conduct consists of dos and don’ts which must be followed by the candidates and their authorized representatives .
Besides, Rule 42 of the Chartered Accountants (Election to the Council) Rules, 2006 also places certain other restrictions on members of the Institute in connection with the conduct of election. Non-compliance with the provisions of the Rule 42 shall also attract disciplinary action against a member of the Institute, in terms of the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007.