Chartered Accountants Act, 1949
8. Disabilities
Notwithstanding anything contained in section 4, a person shall
not be entitled to have his name entered in or borne on the Register if he-
(i) has not attained the age of twenty-one years at the time of
his application for the entry of his name in the Register; or
(ii) is of unsound mind and stands so adjudged by a competent
court; or
(iii) is an undischarged insolvent; or
(iv) being a discharged insolvent, has not
obtained from the court a certificate stating that his insolvency was caused by
misfortune without any misconduct on his part; or
(v) has been convicted by a competent court whether within or
without India, of an offence involving moral turpitude and punishable with
transportation or imprisonment or of an offence, not of technical nature,
committed by him in his professional capacity unless in respect of the offence
committed he has either been granted a pardon or, on an application made by him
in this behalf, the Central Government has, by an order in writing, removed the
disability; or
(vi) has been removed from membership of the Institute on being
found on inquiry to have been guilty of professional or other misconduct:
PROVIDED that a person who has been removed from
membership for a specified period, shall not be entitled to have his name
entered in the Register until the expiry of such period.