ICAI Removes Member for One Year Due to Proven Professional Misconduct

The Institute of Chartered Accountants of India (ICAI), through its notification dated 13 April 2026, ordered the removal of a chartered accountant’s name from the Register of Members for one year following findings of professional and other misconduct under the Chartered Accountants Act, 1949. The Disciplinary Committee concluded that the member was guilty under relevant provisions of the Second and First Schedules and imposed the penalty after granting an opportunity of being heard. The member challenged the decision before the Appellate Authority, which upheld the disciplinary order in April 2023. Subsequently, a writ petition was filed before the Bombay High Court, but it was dismissed in January 2026 due to non-prosecution. Consequently, ICAI enforced the disciplinary action under Section 20(2) and Regulation 18, making the removal effective from 15 April 2026. The case highlights strict enforcement of professional ethics and the finality of disciplinary proceedings when appellate remedies fail or are not pursued diligently.

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI
(Set up by an Act of Parliament)
NOTIFICATION
New Delhi, the 13th April, 2026
(CHARTERED ACCOUNTANTS)

F. No. PR/56A/2014/DD/94/2014/DC/721/2017 .— In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rule 18(17) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007, the Disciplinary Committee has held CA. Yogesh Parshottam Gori (Membership No. 132809), 202, Fortune Plaza Premises co-operative Society Ltd., Plot No. 29 & 30, Sector 19 A, Behind Shakti Motors & Commodities, Exchange Building, Vashi, NAVI MUMBAI 400 705, guilty of Professional Misconduct falling within the meaning of Item (7) of Part I of Second Schedule and Other Misconduct falling within the meaning of Item (2) of Part IV of First Schedule to the aforesaid Act and consequently after affording an opportunity of being heard in terms of Rule 19(1) of the aforesaid Rules, ordered for removal of name of CA. Yogesh Parshottam Gori (Membership No. 132809) from the Register of Members for a period of 01(One) year. Thereafter, aggrieved by the Order of the Disciplinary Committee, the Respondent approached the Appellate Authority in terms of Section 22G of the Chartered Accountants Act, 1949 and the Appellate Authority in appeal no. 24/ICAI/2021 vide its order pronounced on 1^st April, 2023 has upheld the Order of the Disciplinary Committee. Thereafter, the Respondent filed a Writ Petition in the Hon’ble High Court of Bombay. The Court vide order dated 28^th January, 2026 dismissed the WP/5823/2023 due to non-prosecution. Accordingly, in pursuance of the aforesaid Order of the Disciplinary Committee which is also upheld by the Appellate Authority, 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 said CA. Yogesh Parshottam Gori (Membership No. 132809), shall stand removed for a period of 01 (one) year with effect from 15^th April, 2026.

(Dr.) JAI KUMAR BATRA, Secy.
[ADVT.-III/4/Exty./35/2026-27]