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Notification by the Institute of Chartered Accountants of India removing CA Mohandas Belle Shetty from the Register of Members for one year following a finding of professional misconduct.

Detailed Summary

The Institute of Chartered Accountants of India (ICAI), New Delhi, by Notification No. PPR/227/2016/DD/106/INF/2016/DC/1580/2022 dated 23rd August 2024, stated 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. Mohandas Belle Shetty (Membership No. 031256), of Office No. 10, Krishna Cottage, Dattapada Road No. 2, BR Dattapada Phatak, Near Welcome Hotel, Mumbai 400066, guilty of Professional Misconduct falling within the meaning of Item (7) of Part I of the Second Schedule to the Chartered Accountants Act, 1949, and after affording an opportunity of being heard under Rule 19(1) of the said Rules, ordered removal of his name from the Register of Members for a period of one year; consequently, 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 one year with effect from 23rd August 2024; the notification is signed by CA. (Dr.) Jai Kumar Batra, Secretary [ADVT.-III/4/Exty./429/2024-25].

Full Text

REGD. No. D. L.-33004/99 The Gazette of India No. 663] CG-DL-E-27082024-256666 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY NEW DELHI, TUESDAY, AUGUST 27, 2024/BHADRA 5, 1946 5425 GI/2024 THE GAZETTE OF INDIA: EXTRAORDINARY [PART III—SEC.4] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 23rd August, 2024 (CHARTERED ACCOUNTANTS) No. PPR/227/2016/DD/106/INF/2016/DC/1580/2022.—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. Mohandas Belle Shetty (Membership No. 031256), Office No. 10, Krishna Cottage, Dattapada Road No. 2, BR Dattapada Phatak, Near Welcome Hotel, MUMBAI 400066, guilty of Professional Misconduct falling within the meaning of Item (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 name of CA. Mohandas Belle Shetty (Membership No. 031256) from the Register of Members for a period of 01 (One) year. 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 CA. Mohandas Belle Shetty (Membership No. 031256), shall stand removed from the Register of Members for a period of 01 (One) year with effect from 23rd August, 2024. CA.(Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./429/2024-25] 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. SARVESH KUMAR Digitally signed by SARVESH SRIVASTAVA Date: 2024.08.27 19:54:08 +0530

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