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Core Purpose

Notification withdrawing, in pursuance of a Delhi High Court order, the earlier Institute of Chartered Accountants of India notification that removed CA. Jagvinder Bir Singh from the Register of Members for professional misconduct.

Detailed Summary

Issued by the Institute of Chartered Accountants of India (ICAI), New Delhi under No. PR/296/2015/DD/144/2016/DC/763/2018, dated 30th July 2024, this notification records 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 had held CA. Jagvinder Bir Singh (Membership No. 086787), of 204, Mandir Commercial Complex, Masjid Moth, N D S E II, New Delhi 110049, guilty of professional misconduct under Items (6), (7) and (8) of Part I of the Second Schedule to the Chartered Accountants Act, 1949, and, after a hearing under Rule 19(1), ordered his removal from the Register of Members for two years under sub-section (2) of Section 20 of the Act and Regulation 18 of the Chartered Accountants Regulations, 1988, with effect from 28th June 2024; the Respondent subsequently approached the Hon'ble High Court of Delhi, which by order dated 8th July 2024 disposed of his Writ Petition directing that the Disciplinary Committee's order dated 17th May 2024 and the consequent gazette notification No. PR/296/2015/DD/144/2016/DC/763/2018 dated 28th June 2024 be kept in abeyance; accordingly, the notification dated 28th June 2024 removing CA. Jagvinder Bir Singh's name from the Register of Members stands withdrawn for the time being; signed by CA. (Dr.) Jai Kumar Batra, Secretary, under ADVT.-III/4/Exty./340/2024-25.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30072024-255923 EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY No. 571] NEW DELHI, TUESDAY, JULY 30, 2024/ SHRAVANA 8, 1946 4712 GI/2024 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 30th July, 2024 (CHARTERED ACCOUNTANTS) No. PR/296/2015/DD/144/2016/DC/763/2018.— 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. Jagvinder Bir Singh (Membership No. 086787), 204, Mandir Commercial Complex, Masjid Moth, N D S E II, NEW DELHI 110049, guilty of Professional Misconduct falling within the meaning of Items (6), (7) and (8) of Part I of the 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. Jagvinder Bir Singh (Membership No. 086787) from the Register of Members for a period of 02(Two) years. 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 and under Regulation 18 of the Chartered Accountants Regulations 1988, the name of CA. Jagvinder Bir Singh (Membership No. 086787), was removed from the Register of Members for a period of 02(Two) years with effect from 28th June, 2024. Subsequently, the Respondent approached the Hon’ble High Court of Delhi. The Hon’ble High Court vide its Order dated 8th July, 2024, disposed of the Writ Petition filed by CA. Jagvinder Bir Singh (Membership No. 086787) with the direction that the Order of the Disciplinary Committee dated 17th May, 2024 and the consequent Gazette notification no. PR/296/2015/DD/144/2016/DC/763/2018 dated 28th June, 2024 shall be kept in abeyance. Accordingly, in pursuance thereof, the Notification dated 28th June, 2024, whereby the name of CA. Jagvinder Bir Singh (Membership No. 086787) was removed from the Register of Members stands WITHDRAWN for the time being. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT. -III/4/Exty./340/2024-25]

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