The Ministry of Corporate Affairs (MCA) has issued a notification to establish a Tribunal consisting of Three Members in order to decide matters relating to election to the Council of the Institute of Chartered Accountants of India (ICAI) held in December, 2021
As per sub-section (1) of section 10B of the Chartered Accountants Act, 1949 (38 of 1949) and in pursuance of rule 3 of the Chartered Accountants (Election Tribunal) Rules, 2006, the Central Government has the power to establish a Tribunal to decide disputes in the matter of election to the Council of the Institute of Chartered Accountants of India held in December, 2021 arising under section 10A of the said Act.
The Tribunal would be presided by Shri R S Verma, Additional Secretary., Ministry of Law and Justice along with Members, Ms. Nandita Mishra, Economic Adviser, Ministry of Corporate Affairs, and Shri Sanjay Shorey, Director (Legal and Prosecution), Ministry of Corporate Affairs.
The notification is applicable with effect from 17th March 2022.
NOTIFICATION NO: F. No. 1/1/2022-PI
DATE: 17th March, 2022
Subscribe Taxscan Premium to view the JudgmentSupport our journalism by subscribing to Taxscan AdFree. Follow us on Telegram for quick updates.
