ICAI Taking Action against Programmes offered by OPJS University, Churu

It has been brought to our notice that OPJS Uni­ver­si­ty, Chu­ru (Rajasthan), is offering/conducting cer­tain programmes/courses under the nomen­cla­ture “Mas­ter in C.A.” and “Bach­e­lor in C.A.” (under the School of Char­tered Accoun­tant). Con­duct of such cours­es under the said nomen­cla­ture are in con­tra­ven­tion of var­i­ous pro­vi­sions of the Char­tered Accoun­tants Act, 1949 (CA Act) and var­i­ous oth­er laws. It is stat­ed that the ICAI is seized of the said mat­ter and appro­pri­ate action against the OPJS Uni­ver­si­ty, in accor­dance with the law, has been initiated.

In this con­nec­tion, it is rel­e­vant to men­tion that the ICAI is the only body set up by an Act of the Par­lia­ment, viz. The Char­tered Accoun­tants Act, 1949, to reg­u­late the pro­fes­sion of Char­tered Accoun­tants in India and no person/body oth­er than the Insti­tute can per­form the func­tions entrust­ed to the ICAI under the said Act. The use of the expres­sion “Char­tered Accoun­tant” or its abbre­vi­a­tion “C.A.” by a per­son oth­er than the mem­ber of the ICAI is a pun­ish­able offence under the Char­tered Accoun­tants Act, 1949. Fur­ther, it may be men­tioned that award­ing any degree, diplo­ma or cer­tifi­cate or bestow­ing of any des­ig­na­tion which indi­cate or pur­ports to indi­cate the posi­tion or attain­ment of any qual­i­fi­ca­tion or com­pe­tence sim­i­lar to that of a mem­ber of the ICAI is also pun­ish­able offence under the CA Act.

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