CA Professional Misconduct: ICAI removes Chartered Accountant from Its Roll for Two Years [Read Notification]

ICAI - CA - Chartered Accountant - CA Professional Misconduct - CA Kerala - Taxscan

The Institute of Chartered Accountants of India (ICAI), the regulatory body of Chartered Accountants in India, as part of its move to stringent actions against the errant members, has removed the name of a CA from its register for two years.

This is as per the order of the Disciplinary Committee wherein it was ordered for removal of the name of aforesaid CA for a period of two years.

The ICAI notification released on Wednesday said “In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee has held CA. Zachariah Panampunna Alexander (Membership No. 006654), M/s. Kuryan & Suseelan, Chartered Accountants, P B No. 181, Pukadiyil Buildings, Shastri Road, Kottayam 686 001, guilty of Professional Misconduct falling within the meaning of Clauses (7) and (8) of Part I of the Second Schedule to the aforesaid Act and consequently ordered for removal of the name of aforesaid CA. Zachariah Panampunna Alexander (Membership No. 006654) from the Register of Members for a period of 02(Two) years.”

“In pursuance thereof and in the exercise of the powers conferred by sub-section (2) of Section 20 of the aforesaid Act, read with Regulation 18 of the Chartered Accountants Regulations, 1988, it is hereby notified that the name of said CA. Zachariah Panampunna Alexander (Membership No. 006654), shall stand removed from the Register of Members for a period of 02(Two) years with effect from 24th March 2021,” the notification said.

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