Sadasivayya, J.—The Petitioner is a Chartered Accountant by Profession and is a fellow member of the Institute of Chartered Accountants of India (hereinafter referred to as the Institute). The respondent is the Council of the said Institute. The respondent is the Council of the said Institute. The Institute is a creature of The Chartered Accountants Act,1949 (hereinafter referred to as the Act). From what has been stated in the affidavit of the petitioner, it would appear that the election to the Central Council and the Regular Councils is due to take place in the month of August 1964 and that the Petitioner is a prospective candidate for the Central Council. Exhibit 1 is an announcement dated 22nd February 1964, issued by the President of the Institute. It pertains to the forthcoming elections to the Central and Regional Councils. The relevant portion of that announcement is as follows:

"IMPORTANT ANNOUNCEMENT

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Members' attention is invited to Regulation 54 A of the Chartered Accountants Regulations (Copy enclosed), which provides for disciplinary action against members under certain circumstances in connection with the conduct of elections.

The Council feels that,