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Core Purpose

Notification under Section 20(2) of the Chartered Accountants Act, 1949 removing CA. T R L Narasimhan's name from the Register of Members for four months following a finding of professional misconduct.

Detailed Summary

The Institute of Chartered Accountants of India (ICAI) issued a notification dated 22nd September 2023 (No. PR/196/2015/DD/293/2015/DC/1136/2019), 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, stating that the Disciplinary Committee found CA. T R L Narasimhan (Membership No. 201782), of Chennai, Tamil Nadu, guilty of Professional and Other Misconduct under Clause (7) of Part I of the Second Schedule and Clause (2) of Part IV of the First Schedule to the Act read with Section 22, and, after a hearing under Rule 19(1), ordered removal of his name from the Register of Members for four months and imposed a fine of Rs. 25,000 payable within three months, with a further one-month removal for default in payment; since the fine was paid within the stipulated time, the notification, issued under Regulation 18 of the Chartered Accountants Regulations 1988 and Section 20(2) of the Act, confirms his name shall stand removed from the Register of Members for a period of four months effective 22nd September 2023; it was signed by CA. (Dr.) Jai Kumar Batra, Secretary, under Advertisement No. ADVT.-III/4/Exty./438/2023-24.

Full Text

6046 GI/202 3 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 656] NEW DELHI , FRIDAY , SEPTEMBER 22, 2023/ BHADRA 31, 1945 CG-DL-E-23092023-248915 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 2 2nd September, 2023 (CHARTERED ACCOUNTANTS) No. PR/196/2015/DD/293/20 15/DC/1136/2019 .—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. T R L Narasimhan (Membership No. 201782), 406, 4th Floor, Suruthi Block, Chitra Avenue No.9, Choolaimedu High Road, CHENNAI(Tamilnadu) 600094, guilty of Professional and Other Misconduct falling within the meaning of Clause (7) of Part I of Second Schedule and Clause (2) of Part IV of First Schedule to the aforesaid Act read with Section 22 of the said Act and consequently after affording an opportunity of being heard in terms of Rule 19(1) of the aforesaid Rules, orde red for removal of the name of CA. T R L Narasimhan (Membership No. 201782) from the Register of Members for a period of 4(Four) months and also imposed a fine of Rs. 25,000/ -(Rupees Twenty Five Thousand) only to be paid within 03(three) months and in cas e of default in payment of fine within stipulated time, his name be removed from the Register of Members for a further period of 01(One) month. Since the Respondent has already paid the imposed fine within stipulated time, in pursuance of the aforesaid Ord er 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. T R L Narasi mhan (Membership No. 201782) , shall stand removed for a period of 04(Four) months with effect from 22nd September, 2023. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT. -III/4/Exty./ 438/2023 -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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