Chartered Accountants
Chartered Accountants
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 …
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 …
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 …
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 …
Entry of names in the Register (1) Any of the following persons shall be entitled to have his name entered in the Register, namely :– (i) any person who is a registered accountant or a holder of a restricted certificate at the commencement of this Act; (ii) any person who has passed such examination and completed such training as …
Incorporation of the Institute (1) All persons whose names are entered in the Register at the commencement of this Act and all persons who may hereafter have their names entered in the Register under the provisions of this Act, so long as they continue to have their names borne on the said Register, are hereby constituted a body corporate …
Interpretation (1) In this Act, unless there is anything repugnant in the subject or context,– (a) “associate” means an associate member of the Institute; 1[(aa) “Authority” means the Appellate Authority constituted under Section 22A; (aaa) “Board” means the Quality Review Board constituted under Section 28A]; (b) “chartered accountant” means a person who is a member of the Institute 2[…]; …
Short title, extent and commencement (1) This Act may be called the Chartered Accountants Act, 1949. 4(2) It extends to the whole of India 5[……..…] (3) It shall come into force on such date as the Central Government may, by Notification in the Official Gazette, appoint in this behalf6. Practice area’s of B K Goyal & Co …