ICAI Has Continuous And Steady Development

A conference was organized by The Institute of Chartered Accountants of India (ICAI) on June 4, 2013 at Institute's head office.

The conference was addressed by CA.Subodh Kumar Agrawal, President, ICAI wherein the details of major decisions taken at the recently concluded Council meeting of ICAI were shared with the media. Central Council Members CA.Sanjay Agarwal,Chairman, PR Committee and CA. Prafulla Premsukh Chhajed, Member, PR Committee were also present on the occasion.

Till Feb’13, the ICAI had 128 branches spread out all across the country. A branch is normally set up by the Institute when there are 150 members in a place within a radius of 50 kms or when there are 100 members in a district.

In the last Council Meeting held in March’13, the ICAI had decided to set up 5 branches, out of these 3 were in the Central Region i.e. at Kishangarh, Chittorgarh, Jhansi and 2 in the Western Region i.e. at Navsari and Satara. With this, the total number of branches of ICAI had gone upto 133.

In the recently concluded Council Meeting, ICAI has further decided formation of 5 more branches i.e. 1 in Central region i.e. at Sikar (Rajasthan) , 2 in the Northern Region i.e. at Sirsa (Haryana) & Rewari (Haryana) & 2 in the Western Region i.e. at Nanded (Maharashtra) and Dhule (Maharashtra). With this, the total number of branches has gone up to 138.

Since Feb, 2013, 18 meetings of the Disciplinary Committee have taken place wherein 83 cases pending under old Disciplinary Mechanism have been heard & concluded. The Disciplinary Committee has also disposed off hearing of 8 cases under Section 21(4) of the Chartered Accountants Act.