Gazette Tracker
Gazette Tracker

Core Purpose

Notification under Section 21B(3) of the Chartered Accountants Act, 1949 removing CA. Abhay Balkrishna Upadhye from the Register of Members for three months and imposing a fine of Rs. 1,00,000 for professional misconduct.

Detailed Summary

The Institute of Chartered Accountants of India, New Delhi, by notification No. PR/101/2020/DD/155/2020/DC/1521/2021 dated 14th July 2023, records 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. Abhay Balkrishna Upadhye (Membership No. 049354), of B-503, Keshav Imperial, Malviya Road, Nagpur (Maharashtra) 440022, guilty of Professional Misconduct falling within the meaning of Items (5), (7) and (8) of Part I of the Second Schedule to the Act. After affording an opportunity of being heard under Rule 19(1) of the said Rules, the Committee ordered removal of his name from the Register of Members for a period of three months and imposed a fine of Rs. 1,00,000 (Rupees One Lakh). Pursuant to that order, and in exercise of powers under sub-section (2) of Section 20 of the Act, it is notified under Regulation 18 of the Chartered Accountants Regulations, 1988 that his name shall stand removed from the Register of Members for three months with effect from 14th July 2023. The notification is signed by CA. (Dr.) Jai Kumar Batra, Secretary, under reference ADVT.-III/4/Exty./279/2023-24.

Full Text

EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 496] NEW DELHI, FRIDAY, JULY 14, 2023/ ASHA DHA 23, 1945 CG-DL-E-14072023-247338 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI NOTIFICATION New Delhi, the 14th July, 2023 (CHARTERED ACCOUNTANT S) No. PR/101/2020/DD/155/2020/DC/1521/2021 .—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 Conduc t of Cases) Rules, 2007, the Disciplinary Committee has held CA. Abhay Balkrishna Upadhye (Membership No. 049354), B -503, Keshav Imperial, Malviya Road, NAGPUR(Maharashtra) 440022, guilty of Professional Misconduct falling within the meaning of Items (5), (7) & (8) 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 fo r removal of name of CA. Abhay Balkrishna Upadhye (Membership No. 049354) 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 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 said CA. Abhay Balkrishna Upadhye (Membershi p No. 049354) , shall stand removed from the Register of Members for a period of 03(Three) months with effect from 14th July, 2023. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT. -III/4/Exty./ 279/2023 -24] Uploaded by Dte . of Pr inting 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