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APPENDIX NO.

5)

'CHARTERED

ACCOUNTANTS

STUDENTS*

SSOCI TION

RULES

A-GENERAL

1. Short Title 'These Kules may bc called thc Chartercd

Accountants Students' Association Rules.

2. In these Rules unless there is anything' repugnant

in

the subject

or context:-

(i) Central Council means the Council of the Institute of Chartered

Accountants o India.

(ii) Regional Council means the Kegional Council Constituted under

the Chartered Accountants Act, 1949.

(iii) Students' Association Managing Committee ] means the govern-

ing body of the Students' Association constituted

in

accordancewith

Rule 13.

3[ iv) Student means an

audit or articlcd clerk undergoing training

under thc 4[~hartered ccountants Regulations, 19491

(v) The definition of words and phrases given in the Chartered Account-

ants Act, 1949, and '[chartered Accountants Regulations, 15441,

shall apply t these ~ u l e slso.

llns. by Ntln. No. I-CA(4)/57-Gazetteof I ~dia 3xtraordioary d1.29.3.57.

%lie words "Students' As wc ial io~ lManaging Conln~iller"were substituted for tlre words

"Students' Council" wllerever tlley oczurrcd in thc Rules by Nlfn. No. l-(:A~i)RI59-G:tzetrc of In di; ~

dl. 6.2.60.

' ~ h c ollowing clause (iv) deleted and previous clauses +,) and (vi) ren~~ml,cieds i v ) and 18)

by NIfn. No.1-CA(7)12/5Y-Gazette of lndia dt. 9.5.59.:

(iv) "Coaching Board" Means tlie Con~nlicreea € the Council constiluted

o

adntinisier the

Co ac hir ~g rganisation se.1 up under

tllr

d g i s of the Coencil."

8 ~ ~ ~l~e harte red Acco s~r ta~ ~lsegulations. 1988

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i

*

x

B . TITLE, EX TEN T A N D C O MM EN C EM EN T

3 .

Th e S tude nts* Association shall be known hy the names of

Western India Cha rtered Accountants Students' Association, Bom hay,

r

Southern India Ch;~rteredAccountants Studen ts' Association ,, Madras,

Eastern India Chartered Accountants Students' Associalion, Calcutta,

Central India Chartered Accountants Students' Association,.Kanpur and

-

orthern India Chartered Acco untants Students' Ass ocia tion, Delhi.]

.

7[4 8[(a) The Central Council may set up a Branch of a Students'

Association in any city and inay determine its function.]

.

:?

,

:

::

.'-

:

i

'$

.'

:

I

(b)

The Branch

of

a Studen ts' Association sha ll, a t all times,

function subject to the control, supervisioli and direction of thc Central

Co unc il, exercised through the Regional Council r the Regional Students'

Assoc iation, and for the purpose the Council may issue directions, amend

and vary them from time to time.

9[(c) T h e n am es of the audit and articled c lcrks residing in the city

and within a distancc of 16 kilometers from the city limits, where there

is a Branch of the Students' Association, shall be cntered on the Branch

Registel I

' ~ u h . or the following Rule 3 by Nlfn. No. 1 -C A( 4) 49 dated 7i511959-Gazette o f lndia dt.

16.5.59.

3 .T l ~ e tudents' Associations shall he know b y t l ~ elanles of ornhay Cllartered Acco untants

Students'

Aswciation. Madras Chartered Ac cou ~~l aots~ u d e n t s' w c i a l i o i ~ ,West Bengal Chartered

Accour~tanrsSludents' A.wciation.

1J.P.

Cl~artercdAccountants Sludents' Aswciation and Delhi

Cl l~ r t e red ccou~~ lan t students ' Asw cial io~~ ."

'sub. for rl ~e ollowing Ru le4 by N ~f n. N o. -CA(2S)R/62- Gazette of lndia dt.23.3.63:

"4 .

h e Students' Association Managing Co mn ~itlc e iay from time to iinle:

(a) estal~lishBr an cl~ es f Slodcnts' Associaliot: in any Region tv it ~ he approval of lllc Cenlral

council and will^ sucl~

ouersandfunc~io~~sasnlay

eprescribcd by ~I~c Stu dc ols 'swc ia t i nnManag i~~g

C o n ~ n ~ i i l e c ;

(b) provide for ille articledor audit clc rks residing in a Regioa being ellrolled a s n ~ e n ~ b e r s n f o n c

Bra~ich r o t l~crn tlic Regioa."

'sub. for tile follow ing by Ntfn. No. I-CA(24)/6Y-Gazette of India dt. 1.6.68:

"( a) T l~ e enlral Council rllay set a p

n

Brancli o f a Students' Association in a city wl~ erellere

s

a

Branch of the Region al Council and may dete rn~ inets filndion sl

'sub. for l l ~ eo l l o w i ~ gy Nlfn. No. 1-CA(40)flO-Gazelle of India dl. 27 3 71:

" (c )The nan leso f t l~ eudit and articlcdclc rks residing in t l~ c ity where there is a Branch of ~ li c

Stode nts' Association, shall be entered on rhcB rancl~Register."

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5 These Rules shall come into force on 1st April 1957

1°[6. IP any difficulty arises in giving effect to any of the p: ,:vision

of these Rules, [he Central CounciI ma y, in such m anner a s it ma y

decide, make such provisions or give such directions as appear to be

necessary for the removal of the difficulty.]

C OBJECTS A ND ACTIVITIES

7 The S ludcnls' Association may pert 'orm all or any of the following

funclions:

(i) Develop social contacts and a spirit of fellow-feeling a m on g the

students.

(ii) Promote social, cultural and intellectual development of the

students.

(iii) Assist in the education ofs lud ent s in the recent deve lopm ents in

trade, commerce and industry especially those affecling the

maintenance of their accounts, office routine and audit proce-

dures.

(iv) Organise lectures, meetings, debates, seminars, study circle and

other means

of

cultural association lor the education of students.

(v) Establish and maintain Libraries and/or Reading Ro om s for the

use of students.

[(vi) Pro vidin g facilities to stude nts like boo k-ba nks etc.]

(vii) Mak c representations to the Central and Regional C ouncil on

matters concerning th e com mo n interest of the students.

(viii) Maintain a Register of Mem bers of the Association.

(ix)

Organise trips and tours. to important factories and industrial

organisation a nd als o to places of historical and educational impo rtance.

' 'sub. for t l ~ eollowing by Ntfn. No.1-CA 80)flS-GazctteofTndia r. 19.4.1975:-

6. If any difficulty arises

in

giving effect to any of

tile

p r o v i s i o ~ ~ sf thcsc Rules, the Central

Council may, by notificatio~~n l l ~ e az e~ te f India, make such provisions or give such directions as

appear to be necessary For the ren~ ov al f the difficulty.

(a) Clau se (v-a) was ins. by Ntfn. No.1-CA(3-9)/68-Gazette of India dl. 29.3.1 969 .

b) Clause (v-a) wa s KC-num bered s clause (vi) an d subsequent clauses also re-n un~ bere d ide

N t h . N o. 1-CA 7)/135/84-Gazctteof India -d1.2.6.1984

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. a

.w

12[(x) Providing facilities to students, including the construction of

1

.,.v

hostels and to raise funds for this purpose by donations from members,

l

w

students and others through such means as might be approved by the

. -4 Council.]

w

.*

(xi) Such other functions as the l3[iIegional Council concerned]

4

.*

may prescribe for the attainment of the aforementioned objectives.

a.

D. ADMISSION ON THE STUDENTS ASSOCIATION REGISTER

AND FEES

.

.

'

8.

The names of all the articled and audit clerks who enter into

articled or audit service on and after 1st April, 1957 shall.be entered

'

on the Register of Members of the Students Association of the Region

in which they will be residing. All such articled and audit clerks shall

pay

a

membership fee of

I 4 [ ~ s .

251-1 to the Central Council, alongwith

their application for registration of their service as articled or audit clcrks.

d

9.

Any articled or audit clerk, who has entered into service prior

to 1st April, 1957 shall also be eligible to become

a

member of the

:

tudents Association on his making an application in the form specified

@

and on his paying a sum of 1 4 [ ~ s51-1 for the said purpose.

15[10. The membership of the Students Association of an articledl

audit clerk shall cease on the day following the date

of

conipletion of

his training.

121ns. by N tfn. No. 1-C A( 46)f ll-G azet teof lndia dl. 21.8.71 a s clause (viii-a)

R

re-numbered as

clause x) vide Ntfn. No. 1-CA(7)1135/M -Gazette of India-dt. 2.6.84.

If su b. for the words 'Coaching Board' whereve r they occurred by Ntfn. No.

1-CA(7)RIS8-Gazetteof lndiadt. 95.59 .

~ u b . for Rs. 51- by Ntfn. No. 1 -CA (45)fll- G azetteof lndia dt. 27.3.71 to take effect from

1.4.1971 and further substituted for Rs.

lo /- by Ntfn. No. 1-CA(7)/6/89 published in the Gazette of

India &. 1.4.89.

15~ubstitutedor th e prev ious Ru le9A ins. by Ntfn. No. 1-CA(4)/57

-

Gazetteof lndia dt. 14.2.57

reprodu ced below and re-num bered rhe subseq uent rules by Ntfn. No. 1- CA(7)/135/& I &

1-CA(7)/146185-G azette of lnd ia - dl. 2.6.84

&

26.10.85 respectively:-

9A.Any an icle do r audilcle rkw ho hascompleted the prescribed periodshall also be eligible to

become

a

member of the Students ' Association on his n ~ a k i ~ ~ gn application in the form specified and

on his paying a further sun1 of Rs 101-for the said purpose and then his name will be bo rne on register

till he passes the Final Chan ered A ccounta nts Examination. Provide d, however, that such person shall

not be eligible to continue or become a member of the Students' Asw ciation M anaging Committee.

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11 Upon transfer of the services of an audit or articled clerk as a

result of which he resides in a P.egion different from the one in which

he had been previously residing his membership of the Students'

Association shall also be transferred.

12. Upon completion or cancellation or transfer of audit or articled

service the name of the student shall be removed from the Register of

members of the Students' Association concerned and he shall thereafter

cease to be its member.

E. CONSTITUTION O F STUDENTS' ASSOCIATION

MANAGING COMMITTEE

13 There shall be a Managing Committee of the Association for

tbe management of the affairs of the Association and for discharging

the fu nctions assigned to it under these Rules. The Students' Association

Managing Committee shall be composed of:-

(a)

12 person elected by the m e~ np frsof the Association from

anlongst the members of the Association

[

............

;

and

(b) mem bers of the Regional Council nominated by the Regional

Council of which one shall be nominated by silch Council to be the

Chairman of the Students' Association Managing Committee.

17[(c) Th e members of the Managing Comm ittee elected ' at the

Annual General Meeting under Rule

31

shall assume office from the

16th S eptember next following the date of the Annual G eneral M eeting

at which they are elected and shall hold office ordinarily for a period

of one year.]

'%h ewo rds [asspecifiedhereunder]wer e deleted by Nth1.No.1- CA(7)/138/84- Gazette ofIn dia

dt.20.10.84.

~ u b . or the previous clau se (c) and deleted clauses (d) (e) by Ntfn. No.1-CA(7)/138/84-

Sa z e ue of India-dt. 20.10.84. as reproduced below:

(c) On e third of the memb ers noniinated by the Regional Council and one-third of the elected

mem bers, o r if in ri:her case their numb er is not three or muliiple of three, then the number nearest to

on e third, shall rctire every year at the Annual General Me eti l~g nd their places shall be filled, in ca se

of those nomillaled by the Regional Council, by fresh non~ inat ion s y the Regional C ouncil and in ca se

of those elected by the members, by an election. Provided that any member c o-op ted in pur suan ceo f

Ru le 20(iii) shall not be counted in th e number of m embe rs liable to retire under this clause.

(d) Th e mem ber to retire by rotai iol~ t every Annua l General Meetin g shall be those who hav e

been longest in office since their last nomination or election, but as between persons who became

members on the same day, those to retire shall, in default of and subject to any agreement amongst

then ~sel ves, e determined by lot at a m eeting of the Managing Comm ittee held at least 30 d ays before

the Annual General Meeting concerned.

(e) The n lembersof the Managing Co nl n~ i i ~e elected at the Annual Gen eral Meeti ng shall take

of fi ce fro m 16111S ep te ol be r ne xt f o l l o v i ~ ~ g o r d i ~ ~ a r i l yor a iernl of three years.

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F.

ELECTIONS TO

1 8 [ ~ ~ ~

UNCTION OF]

TH E STUDE NTS' ASSOCIATION MANAGING COM MI'ITEE

14.

Election shall be conducted as hereinafter provided. If a dispute

ever arises regarding any such election the dispute shall be referred to

the Regional Council concerned and its decision shall be final.

15 . The person nominated to the office of the Chairman by the

Reg ional C ouncil shall be the Chairman of. the Students' Association

M anagirg Committee.

.

1916. 1) The S tudents' A ssociation Managing Comm ittee shall; at

its meeting held, as far as may be, in the latter half of the month of

x

Septem ber every 'y ea r, elect the Vice-Chairman, the Secretary and

Treasurer thereof and so often as any of these offices becomes vacant,

the Students' Association Managing Committee shall choose another

person from amongst its members to hold that office.

2 ) If withi3 half an hour from the time appointed for a meeting

conven ed for the purposes of sub-rule (I ), a quorum as provided is not

present, the said meeting shall stand adjourned to the same day in the

next week at the same time and place and at such adjourned meeting

~f the Managing Committee, the members present not being less than

two, 20[of whom atleast one i s a member nom inated by the Regional

Council on the Managing Committee of the Students' Association,] shall

form the quorum and shall have the power to transact all the business

which could properly have been transacted at the original meeting, if

the necessary quorum had been present.

'?us. by Ntfn. No.l/ CA( 4)/59 -Gaze tteof India dl. 16.5.59.

19sub. for thepreviou sRul e 15, reproduced below, by Ntfn.

No.1-CA 29)168-GazelleofIndia

l .

29.3.69:

15.21e Stude nts ' Association Managing Con~ nlittee t

its

first m eeting aher the Ann ual General

Meeting o r after th ei am e has been constituted for the first time, which shall be held within seven da ys

oftheG eneral Meetingor itsconstitutionas thecase may be, shall elect thevice-Chairman ~IieSecretary

and Treasurer thereof and so often as any o f these offices becomes vacant, the Students' Association

Man aging Coninlittee shall choose another person froni anlong its menibers to hold th at office.

'?he wo rds of whotii atleast one is a member aontinated by the Regional Council on the

Managing Comm itteeof thesludents ' Asw ciation insertedvideNtfn. No. 1-CA 7)1156/87-Gazetteof

Indiadt.

18 4 81

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  [17.

(i) The Students' Association Managing Committee shall in

addition constitute from among its members the following sub -

committees:-

(a) Executive sub-comm ittee

(b) Finanqe sub-comm ittee.

(ii) The Managing Committee may also form such sub-committees

as it deems necessary for carrying on its activities and co-opt on such

sub-com mittees such number of m embers as it may decide, not exceeding

two-'third of the members of the sub-committee.

18.

T h e Chairman of the Students' Association M anaging Comm ittee

shall be the Chief Executive authority of the Students' Association

Managing Committee. The Chairman and Vice-Chairman shall be

Chairman and Vice-Chairman respectively of the Finance and Executive

Sub-Committees, other sub-committees may elect their own Chairman

and Vice-Chairman.

19. The Finance sub-committee shall consist of the Chairman,

Vice-chairman and one nominee of the Regional Council (other than

the Chairman and Vice-Chairman) on the Students' Association M anaging

Co mm ittee and tw o student-mem bers of the S tudents Association

M anaging Com mittee. Th e Executive sub-com mittee shall consist of not

less than five but not more than seven members.

~20. The Chairman shall continue to hold office so long as he is

a member of the Regional Council and so long as a new'Chairman has

not been nominated by the Regional Council. The Vice-Chairman,

Secretary an d Treasurer shall hold office until the m eeting of the M anaging

Committee contemplated in Rule

16

for the purpose of electing the new

off ice bearers, bu t the retiring office bearers shall be eligible for re-election

subject to other provisions for these Rules.]

2 '~ubs t i tu ted or the fol lowing by N tfn . ~ 0 .1 - ~ ~ ( ~ ) 1 1 3 5 1 8 4 -azette oflndia-dt.2.6.84

16. The Stu dents' A ssociation Manag ing Comm ittee shall

n

addition constitute from am ong its

mem bers the following sub- comm ittees:-

(a) Executive sub-comm ittee.

(b) Finance sub-comm ittee.

It may also form such sub-committees as it deems necessary for carry ingo n its adivities.

sub. for the previous Rule, 19 reproduced below, by Ntfn. No. 1-CA (29)/68-Gazetteof India

dt 29.3.69:-

19.?heChairman shallwntinu eto holdofficeso long asheisam emb erof the RegionalCouncil .

The vice -cha irma n, Secretary,Treasurerand membersof thesub-wm mittee(other than tbecha irman)

shall hold of fice until the next Annu al General Meeting. But the retiring office bearers will be eligible

for re- election.

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21. Resignation o Membershb and Casual Vacancies

(i) An y mem ber of the Students' Association Managing Cc~ mm ittee

ma y at any t ime resign his m embership by writ ing under 'his hand

addresscd to the Chairman, and the seat of such member, shall bccome

vacant whe n such resignation is accepted by the Chairman o ft h e Students1

Association Managing Committee.

(ii) A member of the students' Association Managing Committee

 

shall be deem ed to have vacated his seat i f h e is declared by the Students '

Association Managing Comm ittee to have been absent without sufficient

excuse from three coq gcutive meetings of the Students' Association

Managing Committee,

[or if he ceases to be a mem ber of the Stud ents'.

Association under Rule

10

or for ,any other reason.]

23[(iii) A ny casual vacancy in the Students' As sociation Ma naging

.

,

Committee shall be filled up by co-option by the Students' Association

7 Managing Committee from amongst the members of the Association

concerned and the person s o co-opted shall continue as a m ember of

.

.

the Students' Association Managing Committee until the next general

meeting.]

24[(iv)]

NO act don e by the Students' Association Man aging

Committee shall be called in question on the ground merely of the

existenc e of any vacan cy in, or defect in the constitution of that Managing

.

3 Cori~mit tee .

; ~ i

22.

The Finance sub-committee at its first meeting each year shall

prepare a budget for the incoming year, and after the same has been

Y

approv ed at a meeting of the Students' Association Managing C omm ittee,

,.@

the budget shall be sent to tho Regional Council concerned for its

approv al. Th e expenditure of the Manag ing Comm ittee shall be regulated

in accordance with the budget sanctioned by the Regional Council

v

concerned.

-

%y

23.

The Executive sub-committee at its first meeting each year

shall draw up a programme of activities of the Association to be

undertaken during the incoming year. A copy of the programme after

the same has been approved by the Students' Association Managing

*y

Com mittee shall be sent to the Regional Council concerned for obtaining

suc h guida nce a s it may consider necessary to give in regard to the

activities of the Association.

22A~ubstilute~forthewords rifhisnameis,or any cau se, removed lronl

the

Rcgistcr by Ntln.

No. 1-CA 7)/138/84-Crazdteof India-dr.

20.10.84.

24~ns .nd prev ious sab-r ule (iii) re-numbered as (iv)

by

Ntfn. No. I-CA(4)/59-Gazelle of

India dl.

16.5.59.

293

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24. S t a a Remuneration and Allowances--1) For the efficient

performance of

ts

duties, the Students Association Managing Committee

may:

(a) appoint necessary staff as it deems necessary;

(b) require and take from any member of the staff such security for the

due performance of his duties, as the Students Association Managing

Committee consider necessary;

(c) fix the salaries, fees, allowances and other conditions of service of

the servants of the Students Association Managing Committee.

Provided, however, that no member of the Students Association

Managing Committee shall be paid any remuneration or allowance for

ervice rendered by him.

25. Subject to the foregoing provisions, thc sub-committees shall

exercise such functions and be subject to such conditions in the exercise

thereof as may be decided by the Students Association Managing

Committee.

25

[26.(1) The Students Association Managing Committee shall meet

at least once every

six

months.

Provided that the Chairman or any three members of the Managing

Committee may ask the Secretary to call a meeting on a particular date and

time.

(2) The Secretary to the Managing Committee shall issue notice at least

14 days before the date ofthemeeting inwritingby post or otherwise to every

member of the Managing Committee:

Provided that the said Secretary may issue notice at a shorter period if

it was unanimously decided and agreed to by the members of the Managing

Committee in advance:

Provided further that i any two of the following, namely, the

Chairman, the Vice-Chairman and the Secretary of the Managing

Committee, considered it necessary, a meeting of thc Managing

Committee may be convened at a shorter notice not being less than

7

days.

26[(3) In the absence of the Secretary, the Chairman may issue

the notice for the meeting either himself or empower another member

of the Managing Committee to do so.]

4)

The notice shall contain the time, date and place. of meeting

and as far as possible the business to be transacted thereat.

''sub. for the Eollowing rule 25 by Ntfn. No.1-CA(2)/60/60- Gazetteof India dl. 26 .3.1960:.

TheStudents' Council shall meel at least once every six months

'9 s. by

Nth

No.1-CA 65)/74-Gazetteof India dt. 14.9.1974 as sub-rule (2A) and

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27[(5)

Except as provided for under Rule 16(2), no business shall be

transacte2 ft any meeting unless there

is

a quorum of

5

members personally

present, [of whom atleast one

is

a member nominated by the Regional

Council on the Managing Committee of the Students' Association]. If the

said quorum is not present at a meeting, the meeting concerned shall stand

dissolved.]

27. ~ i n a n c e s the Students Association Ma na gin g Committee.

(i) There shall be established a fuild under the management and control

of the Students' Association Managing Committee into which shall be paid

all moneys received by the Students' Association Managing Committee and

out ofwhich shall be met all expenses and liabilities properly incurred b

y

the

Students' Association Madaging Committee.

28[(ii)

The. f h d s of the Students' Association shall be kcpt in.

one of the scheduled banks approved by the Central Council in this

behalf. The bank account shall be jointly operated by the nominee

member of Regional council and the Treasurer of Student's Association].

29[(iii) The Students' Association Managing Committee may invest

any money for the time being standing to the credit of the fund in any

Government Security or in any other Security' approved by the Regional

Council concerned.

30[(iv)The Treasurer shall maintain or cause to be maintained proper

accounts of the assets and liabilities and also of thc moneys received and

expended and shall deal with matters in respect of which such receipt and

expend~ture ake place. The Treasurer shall also be responsible

foi

submission of accounts in time to the Regional Council.]

31[(~)] he Students' Association may collect voluntary contributions'

for any specific activity with prior sanction of the Regional Council.

from p r e v ~ o u s m

re-numbered as sub-rule(3) as also the subsequent sub-rules as

(4) (5)

hy Ntfn.

No.1-CA(7) 135/84- Gazette of lndia- dl. 2.6.1984.

27~ns .y Ntfn.

No.1-CA(29)/68-GazetteofIndia-dt.29.3.69.

Th e words 'of whom atleast one is a n~emb er ominated by the Re iondl Council on the.

Managin

~omn1itteeofthe~tudents'~ssociation wereaddedb~~tfn.~o.1-~~~7)/1'56/1987-~azett~

o f ~ n d ~ a - f t .8.4.87.

'911s. by N tfn. N o.1-CA (7)R /60-Gazette o i 111dia dl. 15.10.60 and by Ntfn. No.

1-CA(7)/156 87-Gazette of India dt. 18.4.87 and further substitu ted for the follo win g by Ntfn. No. 1 -

CA(7)/15/91-Gazetteof lndia dl. 19.1.1991:-

~

(ii) ' l l ~ eunds olthe Str~dellts'Aswciation shall he kept in one of thc scheduled banks approved

hv the Czentral Czorlncil in th is I~e l~ a l f . lhcankaccount shall l)c onerated hv alleast two n~ e n ~ b e rs o fhe

~ a n a ~ i n gommittee, one of wllom shall be either the ~h ai rm 'an l theStudents2 ~ ss oc ia ti on r a

n~em bern om inate d y the Regional Councilon theM anaging Commitfeeof the Students' Association."

29

Sud. for number "(ii)" and "(iii)" by NNn. No.1- CA (7)R/60 -Gaze tteof lndia dl. 15.10.60.

"sub. for

the

followin g by Ntfn. No. 1-CA (7)/15/91 -G aze tte of India dl. 19.1.1991.

"(iv) The Students' Association Managil~gComm ittee shall keep proper account

of

the fund

dis t ingr~ishi~~gapital from revenue."

"111s. by Ntfn. No.1-C A(29)/68-Gazerte ofI nd ia dt. 29.3.69.

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(vi) All the properties, assets and funds of the Association shall at

all t imes vest in the Central Council but the M anaging Com mittee 'shall

have the right to administer them subject to control and direction of the

Central Council and/or any

of

i ts Com mittees thro ugh the Regional

Council concerned,]

32t3[(vii)] Th c annual accounts of the Students' Association shall

be subject to audit by a

Chartered

Accountant in practice or a firm

of

suc h Cha rtered Accoun tants appointed by the Regional Council concerne d

to audit its accounts. The accounts of the Students' Association and its

branches, if any, shall be incorporated in the accounts of the Central

Council for the year ]

34t5[(viiij]

AS

soon a s may be pract icable at the end d f each

year ending on 31st March, the Students' Association Managing

Com mittee shall submit to the Central Council and the R egional cou nc il '

concerned a copy of the audited accounts and its report for that year

an d co pies of the said accounts and report 35A[shall be supp lied free o f

any charge to the members

of

the Association on request.]

-

33

clau sesw ere originally numbered as clauses (iv) and (v) respectively. T hes e we re

renumbered ascl ause (v) and(vi) respectively by Ntfn. No. l-CA('I)R/60-Gazeneof India dt.

15 10 60

an do nce again renumberedas(vii)and (viii) respwtively by

Ntfn.No.1-CA 29)/68-gazetteof India

dt.

29.3.69.

, 3 4 ~ ~ b .or the following by Ntfn. No.1- C A(8)/2/66-Gazette of lndia dt. 17.9.66:-

A r ( ~ ) ' I h e ccountsof the Students ' ~ss oc ia t i on nd it s branches, if any, shall be incorporated

in the a w u n t s of th e Central C ouncil for the year. ]

'['(vi)

As

soon a s may be practicable at the end of each year endin g on 31st March but not later

than the 30th day of September of the year next fol lowing, the Students ' kw c i a t i o n Managing

Comm ittee shall submit to the Central Council and the Regional Council co nca ned ac op y of its report

for that year and copie sof the said repon shall be fow arde d to all the membersof the Association.

' ~ e ~ l a c e d or the following c lauses ( to take effec t f rom 1/4/1965) by N t h .

No.1-CA 4)/2/65-Cazcttcof

ndia dt. 27-3 - 1965:-

(v) ' Ihc annual accounts of the Sl uh nt s ' A s x i a t i o n Managing Cnmmittee shall be subject to

audit hy aC hartered Accountant or a firm ofChartered A ccountants appointed by the Regional Council

concern ed to audit its accounts.

(vi) A s soon as may be practicable at the end of each year ending on 3151 March, but not later

than thz

3 th

day of September, of the year next following the Students' Association Managing

Comm itteeshall submit to thecent ral Council and the Reeional Council concerned aooo v ofthe audited

.

a-unts and the Report of Students' Association ~ a n a & Committee for that year and copies of the

said acco unts and Report shall be forwarded to all the members of the Association.

'5A~ubstitu dforthewords'shallbe fonvarded to all the incmbcmo fthe Association by Ntfn.

No . 1 -CA(7)/155/87- tiazecte of India d l. 7.2.W.

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35B[28.embers eligible to vote--(i) Every student who is a member

of the Students Association on the 1st day of April shzll be entitled to

vote provided he continues to be a member on the date of election.

(ii) Every student who fulfils the requirement at (i) above shall be

eligible to stand for election to the Managing Committee of the Students

Association to which he belongs provided the un-expired period of

training is not less than

12

months as on 16th September of that year.

36[29.

Any person desiring to stand for election shall submit a

nomination to the Chairman of the Students Association Managing

Committee duly signed by the candidate and by the proposer and seconder,

both of whom shall be pgsons entitled to vote in the election so as to

reach the said Chairman [at least 10 days prior to the Annual General

Meeting] at which the election is to take place.]

38[30.Each nomination shall be accompanied by a

,fee

of Rs. 101

which will not be refundable under any circumstances.]

38[31.

The election of the ManagingCommittee shall be held every

year at the Annual General Meeting of the Students Association.]

32. The election shall be by poll of members present at the meeting. No

proxy will be allowed.

38[33.

i)

The names of all candidates elected shall be announced at thc

meeting by the Chairman of the meeting and his declaration shall be final.

358

.Substitute d for the followin by Ntfn 1 CA(7)1138/84-Gazetteof India dl. 20.10.1984 and

further substitutedby Ntfn.No.

1

~ A ~ / 1 5 1 9 1 : & a z e t t e o fndi adt . 19.1.91 for the-following:-

27. Member eligible to V d e .Every articled and audit clerk who ha s been se rving a s such from

a date immediately six months rior lo the dateo felectio n shall beeligible tov ot ea nd stand for election

to the Students' Association d n a g i n g Committee of the Regional Constituency to which he belongs.

28. Members eligible t Vote Every articled and audit clerk who has been a member of the

Students' Association for six months immediately prior to the dateof election, shall be eligible to vote

andlor stand for election to theManaging Com mittee of thest ude nts ' As sociation to which he belongs.

sub. for the following Rule 2 8 by Ntfn. No.1-CA (4)/59-Gazetteo f lnd ia dt. 16.5.1959:-

28. Any person desiring to stand for election shall submit an application seconded by two

mem berso f the Association entitled to vote in the election.

3 7 ~ ~ b .or the wor ds within ten day s of the Annual General Meeting by Ntfn.

No.1-CA 52)/1/72-Gazetteoflndia

t. 18.3.1972.

3 % ~ b .or the fol lowing rules29,30 and 32 b Ntfn. No. 1 - . ~~ (7 )1 13 8/ 84 -~ az et tef India- dt

20.10.1984, Rule 30 (re-numbered as31 ) was amen ed by Ntfn.

No.1-CA 7)/146/85-Gazetteof

ndia

dt 26.10.85.

I

29. Every candidate for election shall ay a fee of Rs. 101- 38[to thb Chairman of th eSt ude nts 7

.4ssociation Ma naging Comm ittee1 which sha not be refun dedu nder anvc ircum stanc es.

30. Election to the Students' Association M ana in Comm ittee will

h

held at the first meeting

of

thestudents' Aswciation whichshall becalledon

t

e rstoccasion bv the niem berof the Reeional

Council concerned nominated to the officeof the Chairman and at the h n u a l General meeting% the

subseouent vears.

1

32. The

namesoCallcandidatw elected

shall be announsed at the meeting by the Chairman of th e

meeting and hisd eclaration shall be final.

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(ii) Where the number of candidates for election to the Managing

Committee is less than the number of membcrs to be elected, the

remaining eats may or may not be filled up at the discretion of the

Regional Council concerned, and in case the Regional Council decides

that the remaining seats be filled up, the same shall be filled-up by

co-option by the Managing Committee in consultation wilh the approval

of the Regional Council and the persons so co- opted shall hold office

until the expiry of the term or the

issolution

of the Managing Committee

or the Students Association.

G. ANNUAL GENERAL MEETING

34. The ~tudcritk;Association Managing Com~nitteemay sumn~on

a mecting of the members of the Association as often. as it may think

fit and proper:

Provided that such a meeting shall be called and held at least once

in every year.

39[35.

One gencral meeting shall be held between 39A[lst day of

July and the 31st day of July] every year and that meeting shall called

the annual general meeting.]

36. At least 2 day s notice of the meeting specifying the day,

place and hour of such meeting and in case

of

special business, the

general nature of such business shall be given.

37 Every member of the Association on the Association Register

shall be entitled to tablc any proposals or resolutions for the consideration

of the meeting of the members: Provided such proposals etc., are received

by the Secretary of the Students Association Managing Committee at

least 28 days before the date of meeting. Any

su ch

proposals received

after the prescribed time will be treated as proposals for the next following

meeting of the membcrs unless admitted by the Chairman of the earlier

meeting:

3 9 ~ u b .or the follow ing by Ntfn. No.1-CA(8 )12/66-G a~ette f Iodia dl. 17.9.1966:-

34.One General Meeting sltall he held in the month of September every year and that meeting

shall be called the Annual General Meeting.

39A ~ u b s t i ~ u t e dor the words 15th day o f May and the 15th day of June by Ntfn.

No.1-CA 7)/138/84-Guetteofndia -dt. 20.10.19&1.

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.

:

j

Provided, however, the nomin tions to the Students Association

&

Managing Committee may be sent

[to the Chairman of Lhe Students

Association Managing Committee] so as to reach within ten days of the

Annual General Meeting. The nomination received need not be circulated

among

the

~rle m bcr s ut will be announced at the Annual General Meeting.

38 Th e business of the Annual General Meeting shall b e 8 eceive the

report

of

the Students Associatioil M a ~ a g in g ommittee, [to note the

accounts] and to transact such other business a s may be brou ght before the

meeting with the permission of the Chairman.

39.

The Chairman or in his absence the Vice-Chairman o lth es tu de nt s

Association Managing C ommittee shall .be the Cha irman of the General

Mee tings of the Stud ents Asso ciation. In the absence of both, the mem bers

may elect any one of the mem bers present

as

Chairman of themeeting.

40.

Twenty members personally present shall form

a

quorum. No

business shall be transacted at any General Meeting unless the requisite

quorum be present at the commencement o fth e business.

41

If within half an hour from the time appo inted for the mceting a

quorum is not present, the meeting shall stand adjourned to the same day in

the nex tw eek at the same timeand placeate very such adjourned meeting the

mem bers present, whatsoever their number, shall have power to transact all

the business which could properly have been transacted by the original

meeting, had the necessary quorum been present thereat.

42.

All decisions at all meetings shall be taken by a majority of vo tes.

Inc aseo feq uality of votes, the Chairman shallhavc a casting vote

in

addition

to his original one.

43. Dissoflrtion.- Notw ithstanding anyth ing contained in these

Rules the Students Association shall be dissolved

i

after giving proper

hearing to the Managing Committee of the Association, the Central

Council decides to dissolve the Students Association. On the dissolution

of the Students Association all its property, assets and funds shall vest

in the Central Council.

42

[44.

Misconduct-Any breach of .the Rulcs committed by the

mem bers of the Managing Com mittee of the Students Association shall

be treated as mis-conduct within the meaning of Regulations

66

and

79

as the case may be, of thc Chartered Accountants Regulations, 1.988. It

may, inter

licz

include the following:-

.* >

These words were added

by

Ntfil. No.1-CA(4)/59 dated 7/5/1959. Gazette of India dt.

16/5/1959..

~zleted to take effect from 1st April 1965)

by

Ntfo. No.1- CA(4)R/65-Gazefte of India dt.

27 .3 .196 5 and again inserted by Ntfn. No.1-CA(R)Rl66-Gazette oflndin dl. 1 7.9.1 966 ,and substitured

for the words [lo adopt the acc oun~s]

y

Ntfn. No.

l-( A(7)/155/87-CIn~ette

of India -dt. 7. 2. 87 .

4 2 ~ d d e dy Ntfn. No. l-CA(7)/15/91-GazeaeofI~idiat. 19.1.199 1.

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(i) Breach of any provision of the Chartered Ac coun tants Act, 949

and the Regulations made thereunder.

(iii) Mis-appropriation of funds of the Association.

(iv) Submission of mem orand um or representation to any Govern-

ment or.other authorities without approval of the Central C ouncil.

(v) Not maintaining proper accounts.

(vi) Not handing over the charge (includ ingthe papers, files, accoun t

books, cash etc.) by the old office-bearers of the Association to

the new office-bearers of the Association after eleclion.

(vii) lisuing any undesirable circular among t h e mem bers of the

Students Association or giving press releases without ap proval

of the Regional Council.]