CHARTERED ACCOUNTANTS ACT, 1949

SECTIONWise

 

CHAPTER I

PRELIMINARY

 

1.       Short title, extent and commencement

2.       Interpretation

 

CHAPTER II

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

3.       Incorporation of the Institute

4.       Entry of names in the Register

5.       Fellows and Associates

6.       Certificate of practice

7.       Members to be known as Chartered Accountants

8.       Disabilities

 

CHAPTER III

COUNCIL OF THE INSTITUTE

9.       Constitution of the Council of the Institute

10.     Re-election or re-nomination to Council

10A.  Settlement of dispute regarding election

10B.  Establishment of Tribunal

11.     Nomination in default of election or nomination

12.     President and Vice-President

13.     Resignation of membership and casual vacancies

14.     Duration and dissolution of Council

15.     Functions of Council

15A.  Imparting education by universities and other bodies

16.     Officers and employees, salary, allowances, etc.

17.     Committees of the Council

18.     Finances of the Council

 

CHAPTER IV

REGISTER OF MEMBERS

19.     Register

20.     Removal from the Register

 

CHAPTER V

MISCONDUCT

21.     Disciplinary directorate

21A.  Board of Discipline

21B.  Disciplinary Committee

21C.  Authority, Disciplinary Committee, Board of Discipline & Director (Discipline) to have powers of civil court

21D.  Transitional Provisions

22.     Professional or other misconduct defined

22A.  Constitution of Appellate Authority

22B.  Term of office of Chairperson and members of Authority

22C.  Allowances and conditions of service of Chairperson and members of Authority

22D.  Procedure to be regulated by Authority

22E.   Officers and other staff of Authority

22F.   Resignation and removal of Chairperson and members

22G.  Appeal to Authority

 

CHAPTER VI

REGIONAL COUNCILS

23.     Constitution and functions of Regional Councils

 

CHAPTER VII

PENALTIES

24.     Penalty for falsely claiming to be a member, etc.

24A.  Penalty for using name of the council, awarding degrees of Chartered Accountancy, etc.

25.     Companies not to engage in accountancy

26.     Unqualified persons not to sign documents

27.     Maintenance of branch offices

28.     Sanction to prosecute

CHAPTER VIIA

quality review Board

28A.  Establishment of Quality Review Board

28B.  Functions of Board

28C.  Procedure of Board

28D.  Terms and conditions of services of Chairperson and members of Board and its expenditure

CHAPTER VIII

MISCELLANEOUS

29.     Reciprocity

29A.  Power of Central Government to make rules

30.     Power to make regulations

30A.  Powers of Central Government to direct regulations to be made or to make or amend regulation

30B.  Rules, regulations and notifications to be laid before Parliament

30C.  Power of Central Government to issue directions

30D.  Protection of action taken in good faith

30E.   Members, etc., to be public servants

31.     Construction of references

32.     Act not to affect right of accountants to practise as such in Part B States

 

FIRST SCHEDULE

SECOND SCHEDULE