Monday, 13 February 2017

Nilesh Shivji Vikamsey elected as new ICAI President

Nilesh Shivji Vikamsey elected as new ICAI President New Delhi [India], Feb. 13 (ANI): The Institute of Chartered Accountants of India (ICAI), on Sunday, appointed CA Nilesh Shivji Vikamsey and CA Naveen N.D. Gupta as the President and Vice-President of ICAI, respectively, for the year 2017-18.  Vikamsey has been a member of the ICAI since 1985. He has served (सेवा की) the ICAI
Council as a member since 2010 and then as vice-president of the institute in 2016-17. With over 30 years of impeccable (त्रुटिहीन) professional standing, he is widely commended and credited for his key role in contributing towards inclusive (सम्मिलित) as well as exclusive growth of Indian Accountancy profession.
Gupta has over 20 years of experience in auditing, banking and finance. He has an experience of handling intricate (जटिल) accounting, auditing, corporate governance and finance issues. Gupta has been serving as a Central Council member since 2010. ICAI is a statutory(वैधानिक) body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI are managed by a council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988.
The council is composed of 40 members of whom 32 are elected by the members and remaining eight are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Ministry of Corporate Affairs, Ministry of Finance and other stakeholders. (ANI)

impeccable  त्रुटिहीन Definitions of impeccable
(of behavior, performance, or appearance) in accordance with the highest standards of propriety; faultless.
a man of impeccable character
synonyms: flawless, faultless, unblemished, spotless, immaculate, prist

statutory वैधानिक Definitions of statutory
required, permitted, or enacted by statute.
the courts did award statutory damages to each of the plaintiffs
See also
statutory declaration, statutory rape, statutory law, statutory reserve, statutory body, statutory rights, statutory audit, statutory provision, statutory regulations, statutory authority

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