Ministry : Institute of Chartered Accountants of India (Not Applicable)

Part III-Section 4

Subject : Extra Ordinary

Gazette Information

Gazette Title

The Gazette of India: Extraordinary

Gazette Number

227 GI/2025

Publication Date

January 9, 2025

Issuing Authority

The Institute of Chartered Accountants of India

Summary

  • CA. Akshay Jain found guilty of professional misconduct.
  • His name removed from the Register of Members for 5 years and 1 additional month.
  • A fine of Rs. 5,00,000 imposed, to be paid within 90 days.
  • Notification regarding removal of name was withdrawn following a court order.

In terms of the provisions of Section 21B 3 of the Chartered Accountants Act 1949 read with Rule 18 17 of the Chartered Accountants

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