Ministry : Institute of Chartered Accountants of India (Not Applicable)
Part III-Section 4
Subject : Extra Ordinary
Overview [Extraordinary Gazette Notification - Chartered Accountants Act, 1949]
This gazette announces the temporary removal of a chartered accountant from the Register of Members for professional misconduct, highlighting the enforcement authority of the Board of Discipline under the Chartered Accountants Act, 1949.
Key Points
- CA. (Ms.) Rakesh Verma (M. No. 082388) is found guilty of professional and other misconduct under the Chartered Accountants Act, 1949.
- The Board of Discipline has ordered the removal of CA. Rakesh Verma's name from the Register of Members for a period of 30 days.
- The order is issued under Section 21A(3) of the Chartered Accountants Act, 1949, read with Rule 14(9) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007.
- The removal is effective from 19th September 2025, with the opportunity for a hearing previously afforded to the chartered accountant.
Summary [Extraordinary Gazette Notification - Chartered Accountants Act, 1949]
The Government of India issued this extraordinary gazette notification to formally enforce disciplinary action against a chartered accountant. CA. (Ms.) Rakesh Verma has been found guilty of professional misconduct by the Board of Discipline and is removed from the Register of Members for 30 days, effective immediately. This action underscores the regulatory oversight and enforcement mechanisms within the chartered accountancy profession in India, ensuring adherence to professional standards and integrity.
