ICAI formed committee to amend Regulation restricting three consecutive term as Council Member
PrintListen to this Article
ICAI has constituted a committee to look into amendments if any to be made in rules related to three consecutive term restriction on the continuance as member of the Regional Council vis-à-vis corresponding applicable rules pertaining to Central Council elections. The Committee will submit its report to the President within 15 days.
The Press Release related to the same is as follows :-
—————
Council Affairs/M-626/2013- Dated : 26th September, 2013
ALL MEMBERS OF THE COUNCIL
Dear Sir,
Sub: Constitution of Group consequent to the decision taken by the Council at its 327th meeting held on 23rd and 24th September, 2013 at New Delhi
The Council at its 327th meeting held on 23rd and 24th September, 2013, while considering an issue raised by CA. G. Sekar under Item No.2, `Matters of General Interest to the Profession’, decided to constitute a Group with the following composition to (1) go through the Chartered Accountants Regulations and identify the provisions that need amendments and (2) look into the e-mail dated 28th May, 2013 received from CA. M. Devaraja Reddy regarding amendment(s) needed in the Chartered Accountants Regulations in relation to the three consecutive term restriction on the continuance as member of the Regional Council vis-à-vis corresponding applicable rules pertaining to Central Council elections:-
- CA. Manoj Fadnis (Convenor)
- CA. Rajkumar S. Adukia
- CA. Tarun Jamnadas Ghia
- CA. J. Venkateswarlu
- CA. G. Sekar
- CA. Sanjay Agarwal
- CA. Sanjiv Kumar Chaudhary
Accordingly, the Group has been constituted.
Shri N.P. Singh, Sr. Joint Secretary would act as Secretary to the aforesaid Group. In accordance with the decision of the Council, the said Group is required to submit its report to the President within 15 days.
Yours faithfully,
( T. Karthikeyan )
Secretary
Category : ICAI | Comments : 0 | Hits : 617
The CA Institute has proceeded and notified its revised exam dates (announced on March 19) for the intermediate course examination and final examination despite a pending Supreme Court hearing slated for April 29 on postponement plea filed by some CA Students. An ICAI notification—gazetted on April 25 —showed that the intermediate course exams will be held on May 3, 5 & 9 (Group I) and May 11, 15 and 17 (Group II). The final exams are scheduled for May 2, 4 and 8 (Group ...
The Institute of Chartered Accountants of India (ICAI) has found gross negligence by edtech firm Byju's auditors, ICAI president Ranjeet Kumar Agarwal said on Wednesday. "Our inspection has found gross negligence on accounting practices by individual auditors of Byju's and accordingly we have recommended to the Financial Reporting Review Board (FRRB) to take punitive actions on auditors concerned," Agarwal told news agency PTI. Agarwal said, "The FRRB wil...
The Enforcement Directorate (ED) raided premises linked to Delhi Chief Minister Arvind Kejriwal’s personal secretary Bibhav Kumar, and Aam Aadmi Party (AAP) Rajya Sabha MP, Past President of ICAI Sh.ND Gupta in connection with a money laundering probe related to the Jal Board case. The central probe agency had last month arrested Jagdish Kumar Arora, the former chief engineer of the Delhi Jal Board. The probe agency claims that Arora awarded a contract worth Rs 38 crore to NKG Infrastru...
A bench of justice Bharav D Karia had observed that the activity of a CA includes that of accounting, auditing, refereeing, receivers, arbitrators and special commissioners as prescribed by the ICAI to be carried out on-premises and at places of managing partner may determine The Gujarat high court has ruled that a Chartered Accountancy (CA) firm should be classified as a professional establishment rather than a shop, commercial or retail entity and as a result, its employees are deemed ineli...
Notice Sent to Kumar Vishwas by Advocate (CA) Dr. Suneel Maggo for his Derogatory Remarks against Professionals (Chartered Accountants and Company Secretaries). We had discussed the matter with Advocate Suneel Maggo and the same has been uploaded on the youtube but on the pressure of Kumar Vishwas, Video has been removed 2 times. In his notice to Kumar Vishwas, He asked for Sorry to the Professional else Next Defemation Notice to Kumar Vishwas for his Derogatory Remarks against Chartered A...
Comments