The Gazette of India
EXTRAORDINARY
PUBLISHED BY AUTHORITY
NEW DELHI, THURSDAY, JULY 24, 1947
GOVERNMENT OF INDIA
DEPARTMENT OF COMMERCE
NOTIFICATION
REGISTRATION OF ACCOUNTANTS
New Delhi, the 24th July 1947
II. In rule 40—
(1) For clause (a) of sub-rule (1) the following shall be
substituted, namely: —
"(a) Except as elsewhere provided in this rule a Regis- tered Accountant entitled to rain articled clerks may employ not more than the lowing number of articled clerks at one time, namely:
No. 1-A(6) 46. In exercise of the powers conferred by sub-section (2) of section 144 of the Indian Companies Act, 1913 (VII of 19 , the Central Government is pleased to direct that the, following further a m e n d m e n ts shall be made in this A u d i o 's Certificates Rules, 1932, the same having been previously published as required by the said sub-section, n a m e l y --
A In the said Rules —
1. For Eule 38 t he following shall be substituted,
n a m e l y :—
(i) it his name has been included in the list of Registered Accountants entitled to train articled clerks on completion of not less than five, years' practice as aRegisteredAc- countant in India under sub-rule (1) of rule 3ft 1
(ii) it his name has been included in the list under
the first proviso to sub-rule (1) of rule 38 3.
" 3 8 ( 1 ). No person shall be eligible for inclusion in the list of Registered A c c o u n t a nt entitled to train articled clerks unless he has b e en in practice as a Registered Ac. Accountant either independently, or in partnership with a firm of Registered Accountants, in India for a continuous period of not less than five years immediately before t he date of inclusion of his n a me in the list
Provided that a Registered Accountant who is entitled to train one articled clerk may employ two more articled clerks with the permission of the Central Government obtained in writing after completion of ten years' practice as a Registered Accountant in India.
Provided t h at a pension shall be eligible for infusion in the list of Registered Accountants entitled to train articled clerks if he has, in the opinion of the Central Government, sufficient practice as a Registered Accountant as store- said in India, and if for a continuous period of not less than three years immediately before the date of the ap- lication mentioned in sub-rule (2) he
Provided also that a Registered Accountant who immediately before the 24th July 1947, was employing any persons, as articled clerks under the rules then in force may continue to employ them and may also take up to the 1st November 1947, and employ, one additional articled clerk, if by doing so the total number of articled clerks employed by him at one time does not exceed four:
(1) has been on the Register of Accountants and
(n) has been either in practice as a Registered Account-
Provided further that the number of articled clerks specified above shall be inclusive of the articled clerks employed under the Bye-laws of the Society of Incor- porated Accountants and Auditors, London''.
ant as aforesaid in India or employedasapaidassistant to a Registered Accountant practising as, aforesaid in India or has been partly in such practiceandpartlyso e m p l o y e d:
(2) Clause (b) of sub-rule (1) shall be omitted and clauses (c), (d) and (e) of that sub-rule shall be renumbered as clauses (b), (c) and (d) respectively
(3) In clauses (b), (c) and (d) as so re-numbered the Provided also that the Central Government may for reasons which it deems sufficient condone any break in the continuity of the said period.
words "and apprentices" shall be omitted.
(4) In the proviso to clause (d) as so re-numbered, for
the words, letters and brackets "clauses (c), (d) and (e)" the words, letters and brackets "clauses (b), (c) and (d)" shall be substituted.
(2) Applications for inclusion in the list shall be sub- mitted through t he Provincial Government of t he province in which t he candidate has his h e ad office to the Secretary to the Government of I n d ia in the D e p a r t m e nt of C o n- ference and shall be accompanied b y—
(i) a statement in f o rm I (Appendix 6) in case of put.
applying in accordance with sub-rule (1),
(3) In clause (a) of sub-rule (3), for the word, letter and brackets "clause (d)", the word, letter and brackets "clause (c)" shall be substituted.
(ii) particulars of his practice or t h at of his firm if ap
B. To the Appendices annexed to the said Rules, the
plying under the first proviso to sub-rule (1).
following Appendix shall be added, namely: —
"APPENDIX 6
FORM I
candidate applying under sub-rule (1) may submit his application six m o n t hs before t he completion of the period of practice prescribed by t he said sub-rule
[See rule 88(2)]
1. Name
(3) A Registered Accountant entitled, or permitted under sub-rule (3) of rule 40 to train articled clerks shall
2. Date of enrolment 3. Whether practising independently or whether
004 THE GAZETTE OF INDIA affiEEH&OBDHSfA.&Y, JULY 34, 1947 4. ft a member of tt firm, btnic' thr position therein, that ia to say, {iv) whether you huve nuy part time r.aployruenl Hi addition to your praotice. Lt BO, give parti- outars oi such omployment and the time involved therein. (i) whether a lull Hedged iejjaJ ] nvtner, und ii BO, state liie period ioi1 which noting iiB such and give the names u! other purLneih, or S. Whether employmg any Kegistirred Accountant asft. Whether having any branch oniceb and ii so, state (ii) whether a piud ptirtnei, oi a incident partnerf or a manager vr u rejjrpsenttit'vc m receipt of s salary and/"i' J ['ercojitRK'-' o\ the- liim's enru- ings; or
7. Thf mumber of paid mssintants and uiidit t-lerks res-
peo*ively employed.
T, N. SUKTHANKAIt, Se.-) (iii) whether a paid unsistant to i practising Regis- tered Accountant in n.-t:eipt n\ ;i salary, and if 90, from which date.;