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Core Purpose

Notification by the Institute of Chartered Accountants of India removing CA. Vijay Kumar Chopra from the Register of Members for six months and imposing a fine, pursuant to a disciplinary order upheld on appeal.

Detailed Summary

Under F. No. PR/139/2017/DD/187/2017/DC/1265/2020 dated 1st December 2023, 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, the Disciplinary Committee of the Institute of Chartered Accountants of India held CA. Vijay Kumar Chopra (Membership No. 138740, of Tribhovan Park, Jawahar Chowk, Ahmedabad, Gujarat) guilty of professional misconduct under Item (7) of Part I of the Second Schedule to the Act, ordering removal of his name from the Register of Members for six months and a fine of Rs. 1,00,000; the Respondent's appeal (Appeal No. 09/ICAI/2023) was disposed of by the Appellate Authority's order dated 8th November 2023 upholding the Disciplinary Committee's order; the Institute accordingly notifies under Regulation 18 of the Chartered Accountants Regulations, 1988 and section 20(2) of the Act that the removal takes effect from 1st December 2023 for a period of six months.

Full Text

EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 791] NEW DELHI, FRIDAY , DEC EMBER 1, 2023/ AGRAHAYANA 10, 1945 CG-DL-E-02122023-250384 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliamen t) NOTIFICATION New Delhi, the 1st December, 2023 (Chartered Accountants) F. No. PR/139/2017/DD/187/2017/DC/1265/2020 .—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. Vijay Kuma r Chopra(Membership No. 138740), 24, Tribhovan Park Near Acher Bus Depot, Jawahar Chowk, AHMEDABAD(Gujarat) 380005, 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. Vijay Kumar Chopra(Membership No. 138740) from the Register of Members for a period of 06(Six) months and also imposed a fine o f Rs. 1,00,000/ - (Rupees One Lakh) only. Aggrieved by Order of the Committee, the Respondent preferred an Appeal in terms of Section 22G of the Chartered Accountants Act, 1949 and the Appellate Authority in appeal no. 09/ICAI/2023 vide its order dated 8th November, 2023 has upheld the impugned order of the Disciplinary Committee. In pursuance thereof 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 Accou ntants Regulations 1988, that the name of said CA. Vijay Kumar Chopra(Membership No. 138740), shall stand removed from the Register of Members for a period of 06(Six) months with effect from 1st December, 2023. CA. (Dr.) JAI KUMAR BATRA, Sec y. [ADVT. -III/4/Exty./5 73/2023 -24] 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.

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