The Government has said that it is aware that several unqualified
persons are using false registration numbers and issuing fake certificates by
pretending to be Chartered Accountants. Ninety four cases of fake certificates
since April, 2006 have come to the notice of the Institute of Chartered
Accountants of India. These include issue of false certificates with fake
name, registration number (membership number) address etc.
The details are given below :
|
Description |
01.04.2006 to 31.03.2007 |
01.04.2007 to 31.03.2008 |
01.04.2008 to 31.03.2009 |
01.04.2009 to 22.07.2009 |
Total |
|
Cases under investigation with the Police |
6 |
8 |
4 |
1 |
19 |
|
Cases under examination with the ICAI to enable to be referred
to the Police |
15 |
19 |
31 |
10 |
75 |
|
Total |
21 |
27 |
35 |
11 |
94 |
Giving this information in the Lok Sabha in a written reply Shri
Salman Khurshid, Minister for Corporate Affairs, said that ICAI is empowered
under Chartered Accountants Act, 1949 to deal with such issues. Recognizing the
fact that such instances are on the increase, section 26 of the said Act was
amended in 2006, by the Chartered Accountants (Amendment) Act, 2006, whereby the
offence has been made punishable on the first conviction with a fine of not less
than Rs.5,000/- but which may extend to Rs.1 lakh and in the event of second or
subsequent conviction, with imprisonment for a term, which may extend to one
year or with fine not less than Rs.10,000/- but which may extend to Rs.2 lakhs
or with both.
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