The Institute of Chartered Accountants of India (ICAI) has issued a series of disciplinary notifications ordering the removal of multiple Chartered Accountants from the Register of Members after findings of professional misconduct and other misconduct under the provisions of the Chartered Accountants Act, 1949.
The actions were taken by both the Board of Discipline and the Disciplinary Committee of ICAI under Sections 21A and 21B of the Act. The penalties range from one month to one year of removal from membership, with some members also being reprimanded and subjected to monetary penalties of up to ₹5 lakh.
The notifications were issued on 29 May 2026, and the removals have taken effect from the same date.
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Board of Discipline Orders Removal in Five Cases
The Board of Discipline found five chartered accountants guilty of either professional misconduct or “other misconduct” under the First Schedule to the Chartered Accountants Act, 1949.
Among these cases, CA Naresh Kishore Singh Rajpurohit, CA Kapil Kansal and CA Manojkumar Surajmalji Mundada were held guilty of “Other Misconduct” under Item (2) of Part IV of the First Schedule and were removed from membership for three months.
CA Surinder Kumar was found guilty of professional misconduct under Items (4) and (11) of Part I of the First Schedule and was removed for one month.
Similarly, CA Ranjit Kumar was held guilty under Item (11) of Part I of the First Schedule and removed for one month.
CA Vivek Kumar Singh was also held guilty of Other Misconduct and removed for one month.
Disciplinary Committee Imposes Harsher Penalties
The Disciplinary Committee, which deals with more serious cases under the Second Schedule of the Act, imposed significantly stricter sanctions.
The most severe punishment was imposed on CA Asok Guha, who was found guilty under Items (5), (6), (7) and (8) of Part I of the Second Schedule. ICAI ordered his removal from membership for one year, imposed a fine of ₹5 lakh, and issued a reprimand.
A similar one-year removal was imposed on CA Parminder Singh, who was found guilty under the same provisions. He was also reprimanded and fined ₹1 lakh.
CA Rahul Bansal was held guilty of professional and other misconduct under Item (7) of Part I of the Second Schedule and Item (2) of Part IV of the First Schedule. He was removed from membership for six months, reprimanded, and fined ₹5 lakh.
CA Ram Awatar Dhoot and CA Anil Kumar were each found guilty under Item (7) of Part I of the Second Schedule. While Dhoot was removed for three months and fined ₹1 lakh, Anil Kumar was removed for two months and fined ₹1 lakh. Both were also reprimanded.
Concurrent Punishment in Multiple Cases
In a significant order, ICAI’s Disciplinary Committee dealt with three clubbed matters against CA Muni Kumar Gubiligari.
The Committee found him guilty in three separate proceedings involving professional and other misconduct. Punishments of 120 days, 90 days and 60 days were awarded in the respective cases. However, the Committee directed that all punishments would run concurrently, resulting in an effective removal period of 120 days.
Additionally, a fine of ₹20,000 was imposed in one matter, with a further 30-day removal prescribed in case of default in payment.
Summary of ICAI Disciplinary Actions
| S. No. | Name of CA | Membership No. | Nature of Misconduct | Punishment |
| 1 | Naresh Kishore Singh Rajpurohit | 106013 | Other Misconduct – Item (2), Part IV, First Schedule | Removal for 3 months |
| 2 | Surinder Kumar | 070405 | Professional Misconduct – Items (4) & (11), Part I, First Schedule | Removal for 1 month |
| 3 | Kapil Kansal | 540411 | Other Misconduct – Item (2), Part IV, First Schedule | Removal for 3 months |
| 4 | Manojkumar Surajmalji Mundada | 118598 | Other Misconduct – Item (2), Part IV, First Schedule | Removal for 3 months |
| 5 | Ranjit Kumar | 405529 | Professional Misconduct – Item (11), Part I, First Schedule | Removal for 1 month |
| 6 | Rahul Bansal | 068619 | Item (7), Part I, Second Schedule + Item (2), Part IV, First Schedule | Removal for 6 months + ₹5 lakh fine + Reprimand |
| 7 | Asok Guha | 015143 | Items (5), (6), (7) & (8), Part I, Second Schedule | Removal for 1 year + ₹5 lakh fine + Reprimand |
| 8 | Ram Awatar Dhoot | 054045 | Item (7), Part I, Second Schedule | Removal for 3 months + ₹1 lakh fine + Reprimand |
| 9 | Parminder Singh | 086894 | Items (5), (6), (7) & (8), Part I, Second Schedule | Removal for 1 year + ₹1 lakh fine + Reprimand |
| 10 | Anil Kumar | 090894 | Item (7), Part I, Second Schedule | Removal for 2 months + ₹1 lakh fine + Reprimand |
| 11 | Vivek Kumar Singh | 304049 | Other Misconduct – Item (2), Part IV, First Schedule | Removal for 1 month |
| 12 | Muni Kumar Gubiligari | 234106 | Professional and Other Misconduct in three cases | Removal for 120 days (concurrent) + ₹20,000 fine |
What the Relevant Misconduct Provisions Mean
Item (11), Part I, First Schedule
Failure to provide information or respond to communications from ICAI or disciplinary authorities without sufficient cause.
Item (4), Part I, First Schedule
Failure to disclose material facts known to the chartered accountant while expressing an opinion in a professional capacity.
Item (2), Part IV, First Schedule (Other Misconduct)
Misconduct that brings disrepute to the profession, even if committed outside professional practice.
Item (7), Part I, Second Schedule
Gross negligence in the conduct of professional duties.
Items (5), (6), (7) and (8), Part I, Second Schedule
These provisions generally relate to serious professional failures, including failure to exercise due diligence, gross negligence, failure to obtain sufficient information before certifying statements, and issuing reports without adequate examination.
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