Big Action: ICAI Removes Chartered Accountant for Misconduct

The Institute of Chartered Accountants of India (ICAI) has issued a notification (No. PR/317/2021/DD/335/2021/BOD/704/2023, dated September 19, 2025), announcing the temporary removal of a Chartered Accountant from the Registrar of Members.

As per the notification, the Board of Discipline has found CA (Ms.) Rakesh Verma (Membership No. 082388), Noida, Uttar Pradesh, guilty of professional and other Misconduct under Item (11) of Part I and Item (2) of Part IV of the First Schedule to the Chartered Accountants Act, 1949. After giving the CA a chance of being heard, the Board ordered the removal of her name. The Board has ordered that the CA’s name will be removed from the Register of Members of ICAI for 30 days starting from 19th September 2025. A professional misconduct is when a professional, like a CA, violates the CA Act.

” In pursuance of the aforesaid Order of the Board of Discipline and in exercise of the powers conferred by sub-section (2) of Section 20 of the aforesaid Act, it is hereby notified under Regulation 18 of the Chartered Accountants Regulations, 1988 that the name of CA. (Ms.) Rakesh Verma (M. No. 082388) shall stand removed from the Register of Members for a period of 30 (Thirty) days with effect from 19th September, 2025,” The notification said.

Refer to the official notification for more information