THE
CHARTERED ACCOUNTANTS
ACT, 1949
(Updated as on July 1, 2013)
The Institute of Chartered Accountants of India
(Set up by an Act of Parliament)
New Delhi
, THE
CHARTERED ACCOUNTANTS
ACT, 1949
(No. 38 of 1949)
As amended by The Chartered Accountants
(Amendment) Act, 2011
(No. 3 of 2012)
Updated as on July 1, 2013
The Institute of Chartered Accountants of India
(Set up by an Act of Parliament)
New Delhi
,© The Institute of Chartered Accountants of India
Updated Edition: July, 2013
Committee/ : Council Affairs
Department
ISBN : 978-81-8441-123-2
E-mail :
Website : www.icai.org
Published by : The Publication Department on behalf of The
Institute of Chartered Accountants of India, ICAI
Bhawan, Post Box No. 7100, Indraprastha Marg,
New Delhi- 110 002.
Printed by : Sahitya Bhawan Publications, Hospital Road,
Agra 282 003.
July / Copies (Updated)
ii
, CONTENTS
Section Subject Page No.
No.
CHAPTER I
PRELIMINARY
1. Short title, extent and commencement 1
2. Interpretation 1
CHAPTER II
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
3. Incorporation of the Institute 8
4. Entry of names in the Register 8
5. Fellows and Associates 11
6. Certificate of practice 12
7. Members to be known as Chartered Accountants 13
8. Disabilities 13
CHAPTER III
COUNCIL OF THE INSTITUTE
9. Constitution of the Council of the Institute 18
10. Re-election or re-nomination to Council 19
10A. Settlement of dispute regarding election 19
10B. Establishment of Tribunal 20
11. Nomination in default of election or nomination 21
12. President and Vice-President 21
13. Resignation of membership and casual vacancies 22
14. Duration and dissolution of Council 23
15. Functions of Council 23
15A. Imparting education by Universities and other bodies 25
iii
CHARTERED ACCOUNTANTS
ACT, 1949
(Updated as on July 1, 2013)
The Institute of Chartered Accountants of India
(Set up by an Act of Parliament)
New Delhi
, THE
CHARTERED ACCOUNTANTS
ACT, 1949
(No. 38 of 1949)
As amended by The Chartered Accountants
(Amendment) Act, 2011
(No. 3 of 2012)
Updated as on July 1, 2013
The Institute of Chartered Accountants of India
(Set up by an Act of Parliament)
New Delhi
,© The Institute of Chartered Accountants of India
Updated Edition: July, 2013
Committee/ : Council Affairs
Department
ISBN : 978-81-8441-123-2
E-mail :
Website : www.icai.org
Published by : The Publication Department on behalf of The
Institute of Chartered Accountants of India, ICAI
Bhawan, Post Box No. 7100, Indraprastha Marg,
New Delhi- 110 002.
Printed by : Sahitya Bhawan Publications, Hospital Road,
Agra 282 003.
July / Copies (Updated)
ii
, CONTENTS
Section Subject Page No.
No.
CHAPTER I
PRELIMINARY
1. Short title, extent and commencement 1
2. Interpretation 1
CHAPTER II
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
3. Incorporation of the Institute 8
4. Entry of names in the Register 8
5. Fellows and Associates 11
6. Certificate of practice 12
7. Members to be known as Chartered Accountants 13
8. Disabilities 13
CHAPTER III
COUNCIL OF THE INSTITUTE
9. Constitution of the Council of the Institute 18
10. Re-election or re-nomination to Council 19
10A. Settlement of dispute regarding election 19
10B. Establishment of Tribunal 20
11. Nomination in default of election or nomination 21
12. President and Vice-President 21
13. Resignation of membership and casual vacancies 22
14. Duration and dissolution of Council 23
15. Functions of Council 23
15A. Imparting education by Universities and other bodies 25
iii