Section 11 – The Chartered Accountants Act, 1949

Nomination in default of election or nomination If any body of persons referred to in Section 9 fails to elect any of the members of the Council which it is empowered under that Section to elect, the Central Government may nominate a person duly qualified to fill the vacancy, and any person so nominated shall be deemed to be […]

Section 10B – The Chartered Accountants Act, 1949

Establishment of Tribunal (1) On receipt of any application under Section 10A, the Central Government shall, by notification, establish a Tribunal consisting of a Presiding Officer and two other Members to decide such dispute and the decision of such Tribunal shall be final. (2) A person shall not be qualified for appointment,- (a) as a Presiding Officer of the Tribunal unless he has

Section 10A – The Chartered Accountants Act, 1949

Settlement of dispute regarding election In case of any dispute regarding any election under clause (a) of sub-section (6) of Section 9, the aggrieved person may make an application within thirty days from the date of declaration of the result of election to the Secretary of the Institute, who shall forward the same to the Central

Section 10 – The Chartered Accountants Act, 1949

Re-election or re-nomination to Council A member of the Council, elected or nominated under sub-section (2) of Section 9, shall be eligible for re-election or, as the case may be, re-nomination: Provided that no member shall hold the office for more than three consecutive terms: Provided further that a member of the Council, who is or has

Section 9 – The Chartered Accountants Act, 1949

Constitution of the Council of the Institute (1) There shall be a Council of the Institute for the management of the affairs of the Institute and for discharging the functions assigned to it under this Act. 1[(2) The Council shall be composed of the following persons, namely :– (a) not more than thirty-two persons elected by the members of the Institute from amongst the fellows

Section 8 – The Chartered Accountants Act, 1949

Disabilities Notwithstanding anything contained in Section 4, a person shall not be entitled to have his name entered in or borne on the Register if he – (i) has not attained the age of twenty-one years at the time of his application for the entry of his name in the Register; or 1[(ii) is of unsound mind and stands so

Section 7 – The Chartered Accountants Act, 1949

Members to be known as Chartered Accountants 1[Every member of the Institute in practice shall, and any other member may, use the designation of a chartered accountant and no member using such designation shall use any other description, whether in addition thereto or in substitution therefor:] Provided that nothing contained in this Section shall be deemed to prohibit any such

Section 6 – The Chartered Accountants Act, 1949

Certificate of practice (1) No member of the Institute shall be entitled to practise 1[whether in India or elsewhere] unless he has obtained from the Council a certificate of practice: 2[Provided that nothing contained in this sub-section shall apply to any person who, immediately before the commencement of this Act, has been in practice as a registered accountant or a holder of a restricted certificate until

Section 5 – The Chartered Accountants Act, 1949

Fellows and Associates (1) The members of the Institute shall be divided into two classes designated respectively as associates and fellows. (2) Any person shall, on his name being entered in the Register, be deemed to have become an associate member of the Institute and be entitled to use the letters A.C.A. after his name to indicate that he is an associate member of the Institute of Chartered

Section 4 – The Chartered Accountants Act, 1949

Entry of names in the Register Section 4 of the Chartered Accountants Act, 1949, specifies eligibility for registration as a Chartered Accountant. It includes registered accountants, restricted certificate holders, and individuals passing prescribed exams or equivalent foreign exams. It covers those practicing in Part B States and undergoing recognized training. Registration requires an application and