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Core Purpose

Notification under Section 21B(3) of the Chartered Accountants Act, 1949 removing a chartered accountant found guilty of professional misconduct from the Register of Members for one month.

Detailed Summary

The Institute of Chartered Accountants of India issued notification No. PR/330/2019/DD/308/2019/DC/1501/2021 dated 28th June 2024, stating that, in terms of section 21B(3) of the Chartered Accountants Act, 1949 read with rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee held CA. Pawan Gupta (Membership No. 092170), of 111, Sewak Bhawan, 16/2, W E A, Karol Bagh, New Delhi 110005, guilty of professional misconduct falling within the meaning of items (5), (6), (7), (8) and (9) of Part I of the Second Schedule to the Act, and, after affording an opportunity of being heard under rule 19(1) of the Rules, ordered removal of his name from the Register of Members for a period of one month; pursuant to that order and in exercise of powers under section 20(2) of the Act, it is notified under Regulation 18 of the Chartered Accountants Regulations, 1988 that CA. Pawan Gupta's name shall stand removed from the Register of Members for one month with effect from 28th June 2024; the notification was signed by CA. (Dr.) Jai Kumar Batra, Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-01072024-255063 EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY No. 461] NEW DELHI, MONDAY, JULY 1, 2024/ASHADHA 10, 1946 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 28th June, 2024 (Chartered Accountants) No. PR/330/2019/DD/308/2019/DC/1501/2021. In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee has held CA. Pawan Gupta (Membership No. 092170), 111, Sewak Bhawan, 16/2, W E A, Karol Bagh, NEW DELHI 110005, guilty of Professional Misconduct falling within the meaning of Items (5), (6), (7), (8) and (9) of Part I of Second Schedule to the aforesaid Act and consequently after affording an opportunity of being heard in terms of Rule 19(1) of the aforesaid Rules, ordered for removal of name of CA. Pawan Gupta (Membership No. 092170) from the Register of Members for a period of 01(One) month. In pursuance of the aforesaid Order of the Disciplinary Committee and in exercise of the powers conferred by sub-section (2) of Section 20 of the aforesaid Act, it is hereby notified under Regulation 18 of the Chartered Accountants Regulations 1988, that the name of CA. Pawan Gupta (Membership No. 092170), shall stand removed from the Register of Members for a period of 01(One) month with effect from 28th June, 2024. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT.-III/4/Exty./230/2024-25]

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