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Core Purpose

Notification removing the name of Chartered Accountant Radhakrishnan A R from the Register of Members for professional misconduct under the Chartered Accountants Act, 1949.

Detailed Summary

The Institute of Chartered Accountants of India (ICAI) issued a notification dated 28th June 2024 (No. PR/G/61/2022/DD/85/2022/DC/1679/2022) stating that, in terms of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee held CA. Radhakrishnan A R (Membership No. 022921), of B 1002 Sobha Anantha, 7/3 Richmond Road, Shanthala Nagar, Bengaluru 560025, guilty of Professional Misconduct under Item (7) of Part I of the Second Schedule to the Act. After affording an opportunity of being heard under Rule 19(1), the Committee ordered removal of his name from the Register of Members for two months and imposed a fine of Rs. 20,000, payable within 90 days, with a further 30-day removal in case of default. As the fine was paid within the stipulated time, the Institute, exercising powers under sub-section (2) of Section 20 of the Act, notified under Regulation 18 of the Chartered Accountants Regulations, 1988 that his name shall stand removed from the Register of Members for two months with effect from 28th June 2024. The notification is signed by CA. (Dr.) Jai Kumar Batra, Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02072024-255073 EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY No. 465] NEW DELHI, MONDAY, JULY 1, 2024/ASHADHA 10, 1946 3886 GI/2024 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 28th June, 2024 (CHARTERED ACCOUNTANTS) No. PR/G/61/2022/DD/85/2022/DC/1679/2022. In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee has held CA. Radhakrishnan A R, (Membership No. 022921), B 1002 Sobha Anantha 7/3 Richmond Road, Shanthala Nagar, BENGALURU 560025, guilty of Professional Misconduct falling within the meaning of Item (7) of Part I of Second Schedule to the aforesaid Act and consequently after affording an opportunity of being heard in terms of Rule 19(1) of the aforesaid Rules, ordered for removal of name of CA. Radhakrishnan A R, (Membership No. 022921) from the Register of Members for a period of 02 (Two) months and also imposed a fine of Rs. 20,000/-(Rupees Twenty Thousand only) to be paid within 90 (Ninety) days and in case of default in payment of fine within stipulated time, his name be removed from the Register of Members for a further period of 30 (Thirty) days. Since the Respondent has already paid the imposed fine within stipulated time, in pursuance of the aforesaid Order of the Disciplinary Committee and in exercise of the powers conferred by sub- section (2) of Section 20 of the aforesaid Act, it is hereby notified under Regulation 18 of the Chartered Accountants Regulations 1988, that the name of CA. Radhakrishnan A R, (Membership No. 022921), shall stand removed from the Register of Members for a period of 02 (Two) months with effect from 28th June, 2024. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./234/2024-25]

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