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Allowance for members nominated for disciplinary Committee increased to Rs.10,000 for CA,CWA and CS

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 9th April, 2018

G.S.R. 348 (E).—In exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 29A read with sub-section (4) of section 21 and sub-sections (2) and (4) of section 21B of the Chartered Accountants Act, 1949 (38 of 1949), the Central Government hereby makes the following rules further to amend the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, namely:-

1. (1) These rules may be called the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Amendment Rules, 2018

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Chartered Accountants (Procedure of Investigation of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, in rule 17, in sub-rule (1), for the words “five thousand rupees”, the words “ten thousand rupees” shall be substituted.

[F.No. 1/12/2007-IGC/PI]

ANURAG AGARWAL,

Jt. Secy.

Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification number G.S.R. 112(E), dated the 27th February, 2007 and subsequently amended vide notification numbers G.S.R. 226(E), dated the 22nd March, 2011 and G.S.R. 141(E), dated the 4th March, 2014.

NOTIFICATION

New Delhi, the 9 April, 2018

G.S.R. 349(E).—In exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 38A read with sub-section (4) of section 21 and sub-sections (2) and (4) of section 21B of the Cost and Works Accountants Act, 1959 (23 of 1959), the Central Government hereby makes the following rules further to amend the Cost and Works Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, namely:-

1. (1) These rules may be called the Cost and Works Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Amendment Rules, 2018.

(2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Cost and Works Accountants (Procedure of Investigation of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, in rule 17, in sub-rule (1), for the letters and figures “Rs.1000”, the words “ten thousand rupees” shall be substituted.

[F.No. 1/12/2007-IGC/PI]

ANURAG AGARWAL, Jt. Secy.

NOTIFICATION

New Delhi, the 9th April, 2018

G.S.R. 350(E).—In exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 38A read with sub-section (4) of section 21 and sub-sections (2) and (4) of section 21B of the Company Secretaries Act, 1980 (56 of 1980), the Central Government hereby makes the following rules further to amend the Company Secretaries (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, namely:-

1. (1) These rules may be called the Company Secretaries (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Amendment Rules, 2018.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Company Secretaries (Procedure of Investigation of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, in rule 17, in sub-rule (1), for the letters and figures “Rs.5000”, the words “ten thousand rupees” shall be substituted.

[F. No. 1/12/2007-IGC/PI]

ANURAG AGARWAL, Jt. Secy.

Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification number G.S.R. 111(E), dated the 27th February, 2007 and subsequently amended vide notification number G.S.R. 314(E), dated the 23rd April, 2015.

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eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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