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Core Purpose

Notifies the consolidated removal of CA Praveen Murarka from the ICAI Register of Members for misconduct for nine months.

Detailed Summary

The notification from the Institute of Chartered Accountants of India (ICAI) announces the consolidated disciplinary action taken against CA. Praveen Murarka (Membership No. 513907). The Disciplinary Committee, acting under Section 21B(3) of the Chartered Accountants Act, 1949 and Rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, found him guilty of professional and/or other misconduct in two separate cases (Case Nos. PR/G/47/2022... and PR/G/27/2022...). For the first case, he was found guilty under specific clauses of the First and Second Schedules of the 1949 Act and received a punishment of removal from the Register of Members for three months and a fine of Rs. 50,000. For the second case, he was found guilty under another specific clause of the Second Schedule of the 1949 Act and received a punishment of removal for six months. As these punishments are independent and consecutive, his name is being removed from the Register of Members for a consolidated period of nine months, effective from April 17, 2025, as per Section 20(2) of the Act read with Regulation 18 of the Chartered Accountants Regulations, 1988.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-17042025-262523 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 306] NEW DELHI, THURSDAY, APRIL 17, 2025/CHAITRA 27, 1947 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 17th April, 2025 (CHARTERED ACCOUNTANTS) No. PR/G/47/2022/DD/355/2022/DC/1698/2022 and PR/G/27/2022/DD/83/2022/DC/1730/2023.—In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 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. Praveen Murarka (Membership No. 513907), Office No 102, 82-83, Main Vikas Marg, Above Titan Eye Showroom, Laxmi Nagar, DELHI 110092, Guilty of Professional and/or Other Misconduct and consequently after affording an opportunity of being heard in terms of Rule 19(1) of the aforesaid Rules ordered as per under: +-----+--------------------------------------+-------------------------------+------------------------------- | S. | Case No. | Clauses/Item under which held | Punishment | No. | | Guilty | awarded +=====+======================================+===============================+=============================== | 1 | PR/G/47/2022/DD/355/2022/DC/1698/2022| Item (2) of Part IV of First | Removal of name | | | Schedule and Item (7) of Part | from the Register of | | | I and Item (1) of Part II of | Members for a | | | | Second Schedule to the | period 03(Three) | | | | Chartered Accountants Act, | months and | | | | 1949. | imposed a Fine of | | | | | Rs. 50,000/- | | | | | (Rupees Fifty | | | | | Thousand) only. | +-----+--------------------------------------+-------------------------------+------------------------------- | 2 | PR/G/27/2022/DD/83/2022/DC/1730/2023 | Item (7) of Part I of Second | Removal of name | | | | Schedule to the Chartered | from the Register of | | | | Accountants Act, 1949. | Members for a | | | | | period of 06(Six) | | | | | months. | +-----+--------------------------------------+-------------------------------+------------------------------- The Committee also ordered that the punishments imposed in above two cases are independent and shall run consecutively. In pursuance of the aforesaid Orders 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. Praveen Murarka (Membership No. 513907), shall stand removed from the Register of Members for a consolidated period of 09(Nine) months with effect from 17th April, 2025. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./38/2025-26] 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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