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Chartered Accountants Act, 1949 Chapter II

Title: The Institute of Chartered Accountants of India

State: Central

Year: 1949

.....of the offence committed he has either been granted a pardon or, on an application made by him in this behalf, the Central Government has, by an order in writing, removed the disability; or 2[(vi) has been removed from membership of the Institute on being found on inquiry to have been guilty of professional or other misconduct: Provided that a person who has been removed from membership for a specified period, shall not be entitled to have his name entered in the Register until the expiry of such period.] ________________________ 1. Substituted by the Chartered Accountants (Amendment) Act, (15 of 1959), Section 7 (1-7-1959). 2. Substituted, by the Chartered Accountants (Amendment) Act, (15 of 1959), Section 7 (1-7-1959).

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Cost and Works Accountants Act, 1959 Chapter II

Title: The Institute of Cost and Works Accountants

State: Central

Year: 1959

.....be deemed to have practiced in India for any period for which he has held a certificate of practice under section 6, notwithstanding that he did not actually practice during that period. Explanation II.-- In computing the continuous period during which a person has been an associate of the Institute, there shall be included any continuous period during which the person has been an associate of the dissolved company immediately before he became an associate of the Institute.] (5) Any person whose name is entered in the Register as a fellow of the Institute and so long as his name remains so entered, shall be entitled to use the letters FICWA after his name to indicate that he is a fellow of the Institute of Cost and Works Accountants. ________________________________ 1. Substituted by the Cost and Works Accountants (Amendment) Act, 2006. Prior to substitution, it read as under: "(4) A member, being an associate who has been in continuous practice in India for at least five year's, whether before or after the commencement of this Act, or whether partly before and partly after the commencement of this Act, and a member who has been an associate for a continuous period of.....

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Departmentalisation of Union Accounts (Transfer of Personnel) Act, 1975 Section 2

Title: Transfer of Officers and Employees of the Indian Audit and Accounts Department

State: Central

Year: 1975

(1) Where the President has, by order under the first proviso to sub-section (1) of section 10 of the Comptroller and Auditor-General's (Duties, Powers and Conditions of Service) Act, 1971(56 of 1971), provided for relieving, with effect from any date (hereinafter referred to as the prescribed date), the Comptroller and Auditor-General from the responsibility for compiling any accounts of the Union or of any services or departments of the Union as may be specified in such order, then, subject to the provisions of this Act, it shall be lawful for the Central Government, on the advice of the Committee established under sub-section (2), to transfer, by order and with effect from such date or dates (which may be either retrospective to any date not earlier than the prescribed date or prospective) as may be specified in the order, to any Ministry or Department of the Central Government or any of its attached or subordinate offices, any of the officers or employees serving in the Indian Audit and Accounts Department, for the purpose of facilitating the efficient discharge by such Ministry, Department or office of the responsibility of compiling such accounts: Provided that no order.....

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Cost and Works Accountants Act, 1959 Section 25

Title: Penalty for Using Name of the Council, Awarding Degrees of Cost Accountancy, Etc

State: Central

Year: 1959

.....fine which may extend to five thousand rupees, or with both. 1[***] (4) If the Central Government is satisfied that any diploma or certificate or any designation granted or conferred by any person other than the Institute, which purports to be a qualification in cost accountancy but which, in the opinion of the Central Government, falls short of the standard of qualifications prescribed for cost accountants and does not in fact indicate or purport to indicate the position or attainment of any qualification or competence in cost accountancy similar to that of a member of the Institute, it may, by notification in the Official Gazette and subject to such conditions as it may think fit to impose, declare that this section shall not apply to such diploma or certificate or designation. __________________________ 1.Sub-section 3 omitted by the Cost and Works Accountants (Amendment) Act, 2006.

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Chartered Accountants Act, 1949 Preamble 1

Title: Chartered Accountants Act, 1949

State: Central

Year: 1949

THE CHARTERED ACCOUNTANTS ACT, 1949 [Act, No. 38 of 1949] [1st May, 1949] PREAMBLE An Act to make provision for the regulation of the1[profession of chartered accountants]. WHEREAS it is expedient to make provision for the regulation of the1[profession of chartered accountants] and for that purpose to establish an Institute of Chartered Accountants; It is hereby enacted as follows:-- ________________________ 1. Substituted for "profession of accountants" by the Chartered Accountants (Amendment) Act, 1959 (15 of 1959), Section 2 (1-7-1959).

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Cost and Works Accountants Act, 1959 Complete Act

Title: Cost and Works Accountants Act, 1959

State: Central

Year: 1959

..... Section31 - Transfer of assets and liabilities of the dissolved company to the Institute Section32 - Provisions respecting employees of the dissolved company Chapter IX Section33 - Appeals [Omitted] Section34 - Alteration in the Register and cancellation of certificate Section35 - Directions of the Central Government Section36 - Protection of action taken in good faith Section36A - Members, etc., to be public servants Section37 - Maintenance of branch offices Section38 - Reciprocity Section38A - Power of Central Government to make rules Section39 - Power to make regulations Section40 - Rules, regulations and notifications to laid before Parliament ScheduleI - FIRST SCHEDULE ScheduleII - SECOND SCHEDULE Amending Act1 - COST AND WORKS ACCOUNTANTS (AMENDMENT) ACT, 2006

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PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850 Complete Act

Title: PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850

State: Central

Year: 1850

Preamble1 - PUBLIC ACCOUNTANTS' DEFAULT ACT, 1850 Section1 - Public accountants to give security Section2 - Amount and kind of security, and with what sureties Section3 - Public accountant" defined Section4 - Prosecution of accountants and sureties Section5 - Enactments applied to proceedings by and against accountants Section6 - Validation of former rules

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Chartered Accountants Act, 1949 Section 7

Title: Members to Be Known as Chartered Accountants

State: Central

Year: 1949

1[Every member of the Institute in practice shall, and any other member may, use the designation of a chartered accountant and no member using such designation shall use any other description, whether in addition thereto or in substitution therefor]: Provided that nothing contained in this section shall be deemed to prohibit any such person from adding any other description or letters to his name, if entitled thereto, to indicate membership of such other Institute of Accountancy, whether in India or elsewhere, as may be recognised in this behalf by the Council, or any other qualification that he may possess, or to prohibit a firm, all the partners of which are members of the Institute and in practice, from being known by its firm name as Chartered Accountants. ________________________ 1. Substituted by the Chartered Accountants (Amendment) Act, 1959 (13 of 1959), S. 6 (1-7-1959).

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Banking Companies (Legal Practitioners Clients Account) Act, 1949 [Repealed] Repealing Act 1

Title: Banking Companies Legal Practioners Clients Accounts Repeal Act, 2001

State: Central

Year: 1949

THE BANKING COMPANIES (LEGAL PRACTITIONERS' CLIENTS' ACCOUNTS) REPEAL ACT, 2001 [Act, No. 20 of 2001] [26th August, 2001] PREAMBLE An Act to repeal the Banking Companies (Legal Practitioners' Clients' Accounts) Act, 1949. Be it enacted by Parliament in the Fifty-second Year of the Republic of India as follows: - 1. Short title This Act may be called the Banking Companies (Legal Practitioners' Clients' Accounts) Repeal Act, 2001. 2. Repeal of Act The Banking Companies (Legal Practitioners' Clients' Accounts) Act, 1949 (46 of 1949) is hereby repealed

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Chartered Accountants Act, 1949 Complete Act

Title: Chartered Accountants Act, 1949

State: Central

Year: 1949

.....- QUALITY REVIEW BOARD Section28A - Establishment of Quality Review Board Section28B - Functions of Board Section28C - Procedure of Board Section28D - Terms and conditions of services of Chairperson and members of Board and its expenditure Chapter VIII Section29 - Reciprocity Section29A - Power of Central Government to make rules Section30 - Power to make regulations Section30A - Powers of Central Government to direct regulations to be made or to make or amend regulations Section30B - Rules, regulations and notifications to be laid before Parliament Section30C - Power of Central Government to issue directions Section30D - Protection of action taken in good faith Section30E - Members, etc., to be public servants Section31 - Construction of references Section32 - Act not to affect right of accountants to practise as such in Part B States Section33 - Amendment of Section 144, Indian Companies Act, 1913 ScheduleI - THE FIRST SCHEDULE ScheduleII - THE SECOND SCHEDULE

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