Prodyut Banerjee (Advocate) (309 Points)
26 February 2009Hi friends
Should the word Chartered be banned in India? (ICWAI has raised some valid points regarding this subject)
or
The word Chartered should be permitted to be used by any reputed Institute maintaining a minimum educational standerd? (to be specified by Central Government e.g. ICFAI has been authorised by the Court to use the word)
or
the word Chartered should be authorised to be used only by ICAI?
Members view with logic would help to resolve the burning issue.
Shekar
(CA & LCS )
(1109 Points)
Replied 26 February 2009
Yes i agree with you my friend...
Word CHARTERED should be used only by those institute set up under ACT passed by parliament like our ICAI
Prodyut Banerjee
(Advocate)
(309 Points)
Replied 26 February 2009
The Universities and some other professional bodies are constituted under different Acts of Parliament and Assembly (I believe that you have used the word Parliament not in strict literal sense but in its spirit to include the State Assembly as well). So as per your view all the Universities/ Institutes constituted under an act should be authorised to use the word Chartered ? ( I think there should be some minimum starndard before granting the authority to use the word).
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 27 February 2009
It doesn't matter as it does not gonna make diff. the court cases would go forever on the debate.
CAclubindia
