ICAI notifies Setting-up of New Branches at Neemuch, Darbhanga and Muzaffarpur Districts of Bihar and Madhya Pradesh

ICAI sets up 3 New Branches across Bihar & Madhya Pradesh
ICAI Setting-up New Branches at Neemuch - Darbhanga and Muzaffarpur Districts of Bihar and Madhya Pradesh - TAXSCAN

The Institute of Chartered Accountants of India (ICAI) has announced the establishment of three new branches under Regulation 159 (IA) of the Chartered Accountants Regulations, 1988.

These branches, which began operations from January 3, 2024, aim to enhance the accessibility and services provided by the Central India Regional Council. The new branches will be located in Neemuch District (Madhya Pradesh), Darbhanga (Bihar), and Muzaffarpur District (Bihar).

1. Neemuch District Branch:

   – Headquarters: Neemuch, Madhya Pradesh

   – Jurisdiction: The branch will cover the entire Neemuch District, including cities such as Neemuch, Athana, Diken, Jawad, Jiran, Kukreshwar, Manasa, Nayagaon, Rampura, Ratangarh, Sarwania Maharaj, and Singoli.

2. Darbhanga Branch:

   – Headquarters: Darbhanga, Bihar

   – Jurisdiction: In addition to Darbhanga city, the branch will cover cities and towns within a 50 km radius, including Darbhanga Sadar, Bahadurpur, Keoti, Singhwara, Manigachhi, Tardih, Baheri, Hayaghat, Hanuman Nagar, Benipur, Alinagar, Biraul, Ghanshyampur, Kusheshwar Asthan, Kusheshwar Asthan East, Kiratpur, Gaura Bauram, Samastipur, and Madhubani.

3. Muzaffarpur District Branch:

   – Headquarters: Muzaffarpur, Bihar

   – Jurisdiction: The branch will cover the entire Muzaffarpur District, including Muzaffarpur, Aurai, Bandra, Bochahan, Gaighat, Kanti, Katra, Kurhani, Marwan, Minapur, Motipur, Muraul, Mushahari, Paroo, Sahebganj, Sakra, and Saraiya.

These branches, functioning under the guidance of the Central India Regional Council, will operate in accordance with sub-regulation (3) of Regulation 159. They will be subject to the control, supervision, and directions of the Council. The branches are committed to carrying out any directives issued by the Council to ensure efficient and compliant operations.

“It gives me immense pleasure to share that ICAI national network of branches now expanded to 174 branches with approval of 3 new branches in Darbhanga, Neemuch & Muzaffarpur. During the period, we have inaugurated two new branches Mandsaur and Rajsamand, an additional reading room for students in Rohtak, laid the foundation stone of the new Jalandhar branch building and inaugurated the Ozone Park in Amritsar”, said President CA. Aniket Sunil Talati, during his last monthly address before relinquishing the office.

“In this landmark 75th year, witnessing our Institute emerge as the largest and a global force fills me with pride. With the constant pursuit of excellence, I am confident that we will continue our ascent to new heights of glory.

While my official role may conclude, our connections and shared endeavours will last forever and in my last communiqué I would once again like to reiterate what I always say that we must all believe that ‘I am the “I” in ICAI’. As I conclude, I would like to pen down the quote of Ralph Waldo Emerson “The purpose of life is not to be happy. It is to be useful, to be honourable, to be compassionate, to have it make some difference that you have lived and lived well.” Though my tenure as the President of this coveted Institute comes to an end, I will continue to engage and contribute to my noble profession in every possible manner. Au revoir !!”, he added.

Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates