Members to be known as Chartered Accountants
1[Every member of the Institute in practice shall, and any other member may, use the designation of a chartered accountant and no member using such designation shall use any other description, whether in addition thereto or in substitution therefor:]
Provided that nothing contained in this Section shall be deemed to prohibit any such person from adding any other description or letters to his name, if entitled thereto, to indicate membership of such other Institute of accountancy, whether in India or elsewhere, as may be recognised2 in this behalf by the Council, or any other qualification that he may possess, or to prohibit a firm, all the partners of which are members of the Institute and in practice, from being known by its firm name as Chartered Accountants.
Amendment
1Substituted, for the following, by the Chartered Accountants (Amendment) Act, 1959 :-
“Every member of the Institute in practice shall be designated as a Chartered Accountant and no person practising the profession of accountancy in India shall use any other designation whether in addition thereto or in substitution therefor:”
2For the Resolution of the Council, please see Appendix No. (11) and Regulation 191.
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