https://www.taxtmi.com/caselaws?id=290385 A statutory body cannot, by notification, prohibit a Chartered Accountant from acquiring or holding an additional qualification such as CFA where Section 7 of the Chartered Accountants Act, 1949 restricts only the use of descriptions and permits another qualification where entitled. The Act could not be expanded through administrative notification to treat mere acquisition of that qualification as professional misconduct, and the penal provisions required strict construction. The impugned notification was also held to travel beyond the parent statute and to impose an unreasonable restraint on professional freedom, making it ultra vires and inconsistent with Articles 14 and 19(1)(g). en-us Wed, 16 May 2007 00:00:00 +0530 Thu, 14 Nov 2024 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290385 A statutory body cannot, by notification, prohibit a Chartered Accountant from acquiring or holding an additional qualification such as CFA where Section 7 of the Chartered Accountants Act, 1949 restricts only the use of descriptions and permits another qualification where entitled. The Act could not be expanded through administrative notification to treat mere acquisition of that qualification as professional misconduct, and the penal provisions required strict construction. The impugned notification was also held to travel beyond the parent statute and to impose an unreasonable restraint on professional freedom, making it ultra vires and inconsistent with Articles 14 and 19(1)(g). Case-Laws Indian Laws Wed, 16 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290385