The Ministry of Corporate Affairs has issued Notification No. G.S.R. 238(E) dated April 17, 2025, announcing the constitution of an Election Tribunal to decide disputes related to the ICAI Council elections held in December 2024.
The tribunal has been set up under the powers granted by Section 10B(1) of the Chartered Accountants Act, 1949, and in accordance with Rule 3 of the Chartered Accountants (Election Tribunal) Rules, 2006. It will adjudicate matters falling under Section 10A of the Act, which pertains to election-related disputes in the Institute of Chartered Accountants of India (ICAI).
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As per the notification, the Election Tribunal will consist of the following three members:
The tribunal will come into force from the date of its publication in the Official Gazette, i.e., April 17, 2025.
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The constitution of this tribunal marks a huge move by the central government to ensure a fair and transparent resolution process for any challenges arising from the ICAI elections. The Council of ICAI is the apex decision-making body responsible for governing and regulating the profession of chartered accountancy in India.
This dedicated legal forum will enable concerned stakeholders to seek timely redressal of grievances, further strengthening trust in the ICAI’s democratic and regulatory framework.
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