Full Text
REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-04012025-259921
EXTRAORDINARY
PART III-Section 4
PUBLISHED BY AUTHORITY
No. 09]
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/G/40/2021/DD/77/2021/DC/1577/2022. 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.
Akshay Jain (Membership No. 241125), D No. 23-7-86, 2nd Floor, Shikar Darshan, Opposite Rao Bahadur Meda,
GUNTUR 522003(Andhra Pradesh), guilty of Professional and Other Misconduct falling within the meaning of Item
(7) of Part I of Second Schedule and Item (2) of Part IV of 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. Akshay Jain (Membership No. 241125) from the Register of Members for a period of 5(Five) years and also
imposed a fine of Rs. 5,00,000/-(Rupees Five Lakhs 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 01(One) month. 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.
Akshay Jain (Membership No. 241125), shall stand removed from the Register of Members for a consolidated
period of 05(Five) years and 01(one) month [05(Five) years plus additional 01(One) month] with effect from 3rd
January, 2025.
CA. (Dr.) JAI KUMAR BATRA, Secy.
[ADVT.-III/4/Exty./865/2024-25]
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.