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Core Purpose

Notification by the Institute of Chartered Accountants of India removing a member from the Register of Members for three months following a finding of Professional and Other Misconduct under the Chartered Accountants Act, 1949.

Detailed Summary

The Institute of Chartered Accountants of India (ICAI), New Delhi, issued a notification dated 28 June 2024 (No. PR/114/2018/DD/187/2018/DC/1366/2020) stating that, under 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. Atish Omprakashji Kabra (Membership No. 125409), of A/P Mantri Lane, Manwath, Parbhani 431505, guilty of Professional and Other Misconduct falling within Item (4) of Part II of the Second Schedule and Item (2) of Part IV of the First 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 three months. In exercise of powers under sub-section (2) of Section 20 of the Act, the notification, issued under Regulation 18 of the Chartered Accountants Regulations, 1988, confirms his name shall stand removed from the Register of Members for three months with effect from 28 June 2024. The notification was signed by CA. (Dr.) Jai Kumar Batra, Secretary, and is filed under ADVT.-III/4/Exty./232/2024-25.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02072024-255084 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 463] NEW DELHI, MONDAY, JULY 1, 2024/ASHADHA 10, 1946 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/114/2018/DD/187/2018/DC/1366/2020: 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. Atish Omprakashji Kabra (Membership No. 125409), A/P - Mantri Lane, Manwath, PARBHANI 431505, guilty of Professional and Other Misconduct falling within the meaning of Item (4) of Part II of Second Schedule and Item (2) of Part IV of the First 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. Atish Omprakashji Kabra (Membership No. 125409) from the Register of Members for a period of 03 (Three) months. 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. Atish Omprakashji Kabra (Membership No. 125409), shall stand removed from the Register of Members for a period of 3 (Three) months with effect from 28th June, 2024. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./232/2024-25]

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