Section 22E – The Chartered Accountants Act, 1949

Officers and other staff of Authority (1) The Council shall make available to the Authority such officers and other staff members as may be necessary for the efficient performance of the functions of the Authority. (2) The salaries and allowances and conditions of service of the officers and other staff members of the Authority shall be such as may be prescribed.  

Section 22D – The Chartered Accountants Act, 1949

Procedure to be regulated by Authority (1) The office of the Authority shall be at Delhi. (2) The Authority shall regulate its own procedure. (3) All orders and decisions of the Authority shall be authenticated by an officer duly authorised by the Chairperson in this behalf.  

Section 22C – The Chartered Accountants Act, 1949

Allowances and conditions of service of Chairperson and members of Authority The allowances payable to, and other terms and conditions of service of, the Chairperson and members and the manner of meeting expenditure of the Authority by the Council and such other authorities shall be such as may be specified8. Amendment 8Rules made by the Central Government, called ‘The Appellate

Section 22B – The Chartered Accountants Act, 1949

Term of office of Chairperson and members of Authority (1) A person appointed as the Chairperson shall hold office for a term of three years from the date on which he enters upon his office or until he attains the age of sixty- five years, whichever is earlier. (2) A person appointed as a member shall hold office

Section 22A – The Chartered Accountants Act, 1949

Constitution of Appellate Authority (1) The Central Government shall, by notification, constitute an Appellate Authority consisting of- (a) a person who is or has been a judge of a High Court, to be its Chairperson; (b) two members to be appointed from amongst the persons who have been members of the Council for at least one full term and who

Dematerialisation of securities under Companies Act 2013

Under Indian law, shares of an unlisted company may be held either in physical form (i.e., denoted by letters of allotment/share certificates issued against such shares) or in dematerialized form (i.e., with the depository participant by opening an account, “Demat account”). Section 29 (1) and Section 29 (IA) of the Companies Act, 2013 talks about the issue of securities

Section 22 – The Chartered Accountants Act, 1949

Professional or other misconduct defined For the purposes of this Act, the expression “professional or other misconduct ”shall be deemed to include any act or omission provided in any of the Schedules, but nothing in this Section shall be construed to limit or abridge in any way the power conferred or duty cast on the

Section 21D – The Chartered Accountants Act, 1949

Transitional provisions All complaints pending before the Council or any inquiry initiated by the Disciplinary Committee or any reference or appeal made to a High Court prior to the commencement of the Chartered Accountants (Amendment) Act, 2006, shall continue to be governed by the provisions of this Act, as if this Act had not been amended by

Section 21C – The Chartered Accountants Act, 1949

Authority, Disciplinary Committee, Board of Discipline and Director (Discipline) to have powers of civil court For the purposes of an inquiry under the provisions of this Act, the Authority, the Disciplinary Committee, Board of Discipline and the Director (Discipline) shall have the same powers as are vested in a civil court under the Code of Civil Procedure, 1908***,

Section 21B – The Chartered Accountants Act, 1949

Disciplinary Committee (1) The Council shall constitute a Disciplinary Committee consisting of the President or the Vice-President of the Council as the Presiding Officer and two members to be elected from amongst the members of the Council and two members to be nominated by the Central Government from amongst the persons of eminence having experience in the field of law, economics,