Gazette Tracker
Gazette Tracker

Core Purpose

Notification under sub-section (2) of Section 20 of the Chartered Accountants Act, 1949, confirming removal of CA. Macharla Rosaiah (Membership No. 223435) from the Register of Members for a consolidated period of one month and thirty days for professional misconduct and non-payment of an imposed fine.

Detailed Summary

The Institute of Chartered Accountants of India notification No. PR/G/81/2022/DD/89/2022/DC/1678/2022 dated 30 August 2024, issued 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, records that the Disciplinary Committee held CA. Macharla Rosaiah (Membership No. 223435, New No. 648A, Old No. 641A, Veenus Complex, Poonamallee High Road, Aminjikarai, Chennai 600029) guilty of professional misconduct under Items (6) and (7) of Part I of the Second Schedule to the Act, and, after affording a hearing under Rule 19(1) of the aforesaid Rules, ordered removal of his name from the Register of Members for one month and imposition of a fine of Rs. 10,000 payable within 90 days, with a further 30-day removal in case of default; since the fine was not paid within the stipulated time, the Institute, exercising powers under sub-section (2) of Section 20 of the Act read with Regulation 18 of the Chartered Accountants Regulations, 1988, notifies that his name stands removed from the Register of Members for a consolidated period of one month and thirty days, effective 30 August 2024; signed by CA. (Dr.) Jai Kumar Batra, Secretary.

Full Text

EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 685] NEW DELHI, SATURDAY , AUGUST 31, 2024 /BHADRA 9, 194 6 CG-DL-E-02092024-256828 CG-DL-E-02092024-256828 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 30th August, 202 4 (CHARTERED ACCOUNTANTS) No. PR/G/81/2022/DD/89/2022/DC/1678/2022 .—In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Ru les 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. Macharla Rosaiah (M. No. 223435), New no 648A Old No 641A, Veenus Complex, Poonamallee High Road, Aminjikarai, CHENNAI 600029, guilty of Professional Misconduct falling within the meaning of Items (6) and (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. Macharla Rosaiah (M. No. 223435) from the Register of Members for a period of 01(One) month and also imposed a fine of Rs. 10,000/ -(Rupees Ten Thousand only) to be paid within 90(ninety) days and in case of default in payment of fine within stipulated time his name shall be removed for a further period of 30(Thirty) days. Since the Respondent had failed to pay 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, read with Regulation 18 of the Chartered Accountants Regulations, 1988, it is hereby notified that the name of CA. Macharla Rosaiah (M. No. 223435), shall stand removed from the Register of Members for a consolidated period of 01(One) month and 30(Thirty) days [01(One) month plus additional 30(Thirty) days] with effect from 30th August, 2024. CA. (Dr.) JAI KUMAR BATRA , Secy. [ADVT. -III/4/Exty./ 451/2024 -25] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free