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Core Purpose

Notification by the Institute of Chartered Accountants of India removing a chartered accountant from the Register of Members for one year following a finding of professional misconduct.

Detailed Summary

No. PR/162/16/DD/181/16/DC/1069/2019, dated 27 December 2023, issued by the Institute of Chartered Accountants of India 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. Sanat Kumar Sinha (Membership No. 052610) of 3, Shyam Bazar Street, Kolkata, West Bengal, guilty of professional misconduct under Clause (7) of Part I of the Second Schedule to the Act, and after affording a hearing under Rule 19(1) ordered removal of his name from the Register of Members for one year; his appeal under Section 22G, Appeal No. 5/ICAI/2023, was dismissed by the Appellate Authority by order dated 13 November 2023, upholding the Disciplinary Committee's order; pursuant to 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 a period of one year with effect from 27 December 2023; signed by CA. (Dr.) Jai Kumar Batra, Secretary [ADVT.-III/4/Exty./642/2023-24].

Full Text

EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 859] NEW DELHI, WEDNES DAY , DECEMBER 27, 2023/ PAUS HA 6, 1945 CG-DL-E-27122023-250920 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 27th December , 2023 (CHARTERED ACCOUNTANTS) No. PR/162/16/DD/181/16/DC/1069/ 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 Disciplina ry Committee has held CA. Sanat Kumar Sinha (Membership No. 052610), 3, Shyam Bazar Street, KOLKATA (West Bengal) 700005, guilty of Professional Misconduct falling within the meaning of Clause (7) of Part I of Second Schedule to the aforesaid Act and cons equently after affording an opportunity of being heard in terms of Rule 19(1) of the aforesaid Rules, ordered for removal of name of CA. Sanat Kumar Sinha (Membership No. 052610) from the Register of Members for a period of 01(One) year. Aggrieved by Order of the Committee, the Respondent preferred an Appeal in terms of Section 22G of the Chartered Accountants Act, 1949 and the Appellate Authority in appeal no. 5/ICAI/2023 vide its order dated 13th November, 2023 has upheld the impugned order of the Discipl inary Committee. In pursuance thereof 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. Sanat Kumar Sinha (Membership No. 052610) shall stand removed from the Register of Members for a period of 01(One) year with effect from 27th December, 2023. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT. -III/4/Exty./6 42/2023 -24] Uploaded by Dte. of P rinting at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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