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ICAI says disciplinary body to have 3 non-CA members by 2022-23

At present, the panel comprises two non-CA nominees and three ICAI members.

August 04, 2022 / 07:50 PM IST
Representative image

Representative image

The Indian Institute of Chartered Accountants (ICAI) on Thursday said that three non-CA members will be on its disciplinary committee by the end of the current financial year.

According to the amended rule, there will be three non-CA nominees in the five-member committee which is entrusted to take action against chartered accountants for any professional wrongdoing. At present, the panel comprises two non-CA nominees and three ICAI members.

"With the passage of the amendment bill in Parliament despite our strong opposition, three non-CA members in the disciplinary committee will now be a reality. Once the government comes out with the rules and regulations, the process to follow the norms will begin from our side," ICAI President Debashis Mitra told
PTI
first published: Aug 4, 2022 07:50 pm
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