Section 8: Disabilities.

The Chartered Accountants Act, 1949Central Act · Act 38 of 1949

Notwithstanding anything contained in section 4, a person shall not be entitled to have his name entered in or borne on the [Register of members] if he--

(i) has not attained the age of twenty-one years at the time of his application for the entry of his name in the [Register of members]; or

[(ii) is of unsound mind and stands so adjudged by a competent court; or]

(iii) is an undischarged insolvent [or an undischarged bankrupt]; or

[(iiia) is declared bankrupt under the Insolvency and Bankruptcy Code, 2016 (31 of 2016); or]

(iv) being a discharged insolvent, has not obtained from the Court a certificate stating that his insolvency was caused by misfortune without any misconduct on his part; or

(v) has been convicted by a competent Court, whether within or without India, of an offence involving moral turpitude and punishable with *** imprisonment or of an offence, not of a technical nature, committed by him in his professional capacity unless in respect 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

[(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 of members] until the expiry of such period.]

Where this provision sits

Act	The Chartered Accountants Act, 1949
Section	8
Marginal note	Disabilities.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted, Act 12 of 2022. .Subs. by Act 12 of 2022, s. 7, for “Register” (w.e.f. 10-5-2022).
substituted. . Subs. by s. 7, ibid., for clause (ii) (w.e.f. 1-7-1959).
inserted, Act 12 of 2022. Ins. by Act 12 of 2022, s. 7 (w.e.f. 10-5-2022).
omitted. The words “transportation or” omitted by s. 7, ibid. (w.e.f. 10-5-2022).
substituted, Act 15 of 1959. . Subs. by Act 15 of 1959, s. 7, for clause (vi) (w.e.f. 1-7-1959).

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