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Core Purpose

Notifies the removal of Chartered Accountant Ranjit Kumar Yadav from the Register of Members for three months due to professional misconduct.

Detailed Summary

The Institute of Chartered Accountants of India, through this notification, announces the removal of CA. Ranjit Kumar Yadav (Membership No. 525751) from the Register of Members for a period of three months, effective from January 3, 2025. This disciplinary action is a consequence of Mr. Yadav being found guilty of 'Other Misconduct' under the Chartered Accountants Act, 1949, specifically item (2) of Part IV of the First Schedule. The Board of Discipline, acting under Section 21A(3) of the Act and Rule 14(9) of related rules from 2007, conducted proceedings, afforded a hearing as per Rule 15(1), and ordered this removal and a fine of Rupees One Lakh. The notification is issued under Regulation 18 of Chartered Accountants Regulations, 1988, exercising powers under Section 20(2) of the Chartered Accountants Act, 1949.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-04012025-259918 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 14] NEW DELHI, FRIDAY, JANUARY 3, 2025/PAUSHA 13, 1946 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 3rd January, 2025 (Chartered Accountants) No. PR/400/2022/DD400/2022/BOD/731/2024.—In terms of the provisions of Section 21A(3) of the Chartered Accountants Act, 1949 read with sub-rule (9) of Rule 14 of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Board of Discipline has held CA. Ranjit Kumar Yadav (M. No. 525751), B-239 2nd Floor, West Vinod Nagar, Narwana Road, DELHI 110092, guilty of 'Other Misconduct' falling within the meaning of Item (2) of Part IV of the First Schedule to the Chartered Accountants Act, 1949 and consequently after affording an opportunity of being heard in terms of Rule 15(1) of the aforesaid Rules ordered for removal of the name of CA. Ranjit Kumar Yadav (M. No. 525751) from the Register of Members for a period of 03 (Three) months and also imposed a fine of Rs. 1,00,000/- (Rupees One Lakh only). In pursuance of the aforesaid Order of the Board of Discipline 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. Ranjit Kumar Yadav (M. No. 525751) shall stand removed from the Register of Members for a period of 03(Three) months with effect from 3rd January, 2025. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./870/2024-25]

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