The Chartered Accountants Act, 1949

Officers and employees, salary, allowances, etc. (1) For the efficient performance of its duties, the Council shall – (a) appoint a Secretary to perform such duties as may be prescribed; (b) appoint a Director (Discipline) to perform such functions as are assigned to him under this Act and the rules and regulations framed thereunder; (2) The Council may also– (a) […]

Functions of Council (1) The Institute shall function under the overall control, guidance and supervision of the Council and the duty of carrying out the provisions of this Act shall be vested in the Council. (2) In particular, and without prejudice to the generality of the foregoing powers, the duties of the Council shall include – (a) to approve academic courses and

Duration and dissolution of Council 1[(1)] The duration of any Council constituted under this Act shall be three years from the date of its first meeting, on the expiry of which it shall stand dissolved and a new Council constituted in accordance with the provisions of this Act. 2[(2) Notwithstanding the expiration of the duration of a Council (hereinafter referred to as the former Council),

Resignation of membership and casual vacancies (1) Any member of the Council may at any time resign his membership by writing under his hand addressed to the President, and the seat of such member shall become vacant when such resignation is notified in the Official Gazette. (2) A member of the Council shall be deemed to have vacated his

President and Vice-President (1) The Council at its first meeting shall elect two of its members to be respectively the President and the Vice-President thereof, and so often as the office of the President or the Vice-President becomes vacant the Council shall choose another person to be the President or the Vice-President as the case may be: Provided that

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

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

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

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

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