Who can use the designation of Charted Accountant or designatory letters as CA.
According to Section 7 of the Chartered Accountants Act 1949 empowers only a person who has been enrolled as a member of the ICAI to use the designation of Chartered Accountant along with his name. In other words, it is clarified that a person who has passed the CA Final Examination with completed the prescribed period of Articleship and a course on (GMCS) General Management and Communication Skills and has enrolled himself as an Associate membership of the ICAI and continues to keep the membership of ICAI with yearly payment of prescribed membership fees in only entitled to use the designation of the name Chartered Accountant along his name and also use the desinatory letters as CA. as prefix to his name.
A person who has passed the CA Final Examination of the Institute of Chartered Accountants of India and complied with other requirements or not but has enrolled himself as a member of the ICAI (Institute of Chartered Accountants of India) is not entitled to use the designation of Chartered Accountant nor the designatory letters as CA. as a prefix to his name.
Non-members of Institute of Chartered Accountant of India
who are using the designation as Charted Accountant, or CA. in their own interest to desist from using these designatory letters failing which suitable steps against them in accordance with the provisions of The Chartered Accountants 1949 Act, and Chartered Accountants Regulations 1988 framed there under will be initiated without prejudice to any other penal action under the law in force for the time being.
Penalty provision for falsely claiming to be a member etc define in Section 24 of the Chartered Accountants Act 1949.
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