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Core Purpose

Notification by the Institute of Chartered Accountants of India under sub-section (2) of section 20 of the Chartered Accountants Act, 1949 removing a member's name from the Register of Members for two months following a finding of professional misconduct.

Detailed Summary

In a notification dated 22nd September 2023 (No. PR/207/2014/DD/223/2014/DC/1137/2019), the Institute of Chartered Accountants of India, acting 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, recorded that its Disciplinary Committee held CA. Tandarai Raman Sarathy (Membership No. 025982), of Plot No. 39-1/3, 1st Floor, North Parade Road, Chennai, Tamil Nadu, guilty of Professional Misconduct falling within Clauses (2) and (7) of Part I of the Second Schedule to the Act. After affording an opportunity of being heard under Rule 19(1), the Committee ordered removal of his name from the Register of Members for a period of two months. In pursuance of that Order and under sub-section (2) of section 20 of the Act, it was notified under Regulation 18 of the Chartered Accountants Regulations, 1988 that his name shall stand removed for two months with effect from 22nd September 2023. The notification bears reference ADVT.-III/4/Exty./439/2023-24 and is signed by CA. (Dr.) Jai Kumar Batra, Secretary.

Full Text

6047 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. 657] NEW DELHI , FRIDAY , SEPTEMBER 22, 2023/ BHADRA 31, 1945 CG-DL-E-23092023-248916 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 2 2nd September, 2023 (CHARTERED A CCOUNTANTS) No. PR/207/2014/DD/223/2014/DC/1137/2019 .—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 a nd Conduct of Cases) Rules, 2007, the Disciplinary Committee has held CA. Tandarai Raman Sarathy (Membership No. 025982), Plot No. 39 -1/3, 1st Floor, North Parade Road, CHENNAI(Tamilnadu) 600016, guilty of Professional Misconduct falling within the meani ng of Clauses (2) and (7) 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 for removal of the name of CA. Tandarai Raman Sarathy (Member ship No. 025982) from the Register of Members for a period of 2(Two) months. 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 not ified under Regulation 18 of the Chartered Accountants Regulations 1988, that the name of said CA. Tandarai Raman Sarathy (Membership No. 025982) , shall stand removed for a period of 02(Two) months with effect from 22nd September, 2023. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT. -III/4/Exty./ 439/2023 -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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