2016 (7) TMI 1189

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....ending that the respondent has wilfully violated the statement given to this Court on 14.03.2016 in W.P.(C) No.2130/2016. 3. In W.P.(C) No.2130/2016, the respondent impugned the report dated 06.11.2015 issued by the Board of Discipline of the Institute of Chartered Accountants of India whereby the petitioner had been held guilty of "other misconduct" falling within the meaning of clause (2) Part-IV of the First Schedule to the Chartered Accountants Act, 1949 (hereinafter referred to as "the Act"). 4. During the hearing of the said petition on 14.03.2016, the respondent herein (petitioner in the said petition) gave the following statement:- "At this stage, Mr. Amit Sibal, learned senior counsel for petitioners on instructions,....

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....e preparation, verification or certification of financial accounting and related statements or holds himself out to the public as an accountant; (iii) renders professional services or assistance in or about matters of principle or detail relating to accounting procedure or the recording, presentation or certification of financial facts or data; or (iv) renders such other services as, in the opinion of the Council, are or may be rendered by a chartered accountant in practice; and the words "to be in practice" with their grammatical variations and cognate expressions shall be construed accordingly." 8. In terms of Section 2 (2) of the act, when a person engages himself in the practice of accountancy, offers to perform or ....