The Central Government has appointed new members to the Appellate Authority to hear and dispose the cases relating to professional misconduct of Chartered Accountants, Company Secretaries and Cost Accountants.
The Appellate Authority is established by the Central Government in March 2009 vide its notification in the Official Gazette, in terms of Section 22A(1) of the Chartered Accountants Act, 1949, Section 22A of the Cost and Works Accountants Act, 1959 and Section 22A of the Company Secretaries Act, 1980.
Any member of the Institute, i.e., a Chartered Accountant, Company Secretary or Cost Accountant, held guilty of Professional or Other Misconduct, who is aggrieved by an Order of the Board of Discipline or the Disciplinary Committee of the Institute imposing a penalty on him, may appeal against the Order to the Appellate Authority.
According to the new notification, the Government has appointed nine members to the appellate authority including (1) Shri Praveen Garg, — Member Additional Secretary and Financial Advisor, Ministry of Environment, Forest and Climate Change, New Delhi. (2) Shri Anand Mohan Bajaj, Joint Secretary, Department of Economic Affairs, Ministry of Finance, New Delhi, (3) Shri. Anand Mohan Bajaj, Joint Secretary, Department of Economic Affairs, (4) Shri J. Venketeswarlu, (5) Shri Pankaj Tyagee, (6) Shri Pravakar Mohanty, (7) Shri B. M. Sharma, (8) Ms. Preeti Malhotra, (9) Shri Shyam Agarwal.
The appointment is valid with effect from 1st March 2019.
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