Cost and Works Accountants Act, 1959
11. Cancellation of Certificate of Practice
(1) A certificate of practice shall be
cancelled-
(a) when the name of
the holder of the certificate is removed from the Register of Members, or
(b) when the Council
is satisfied that such certificate was issued on the strength of incorrect,
misleading or false information, or by mistake or inadvertence; or
(c) when a member has
ceased to practice:
PROVIDED that reasonable notice shall be given
to the member before canceling his Certificate under clause (b).
(2) The cancellation of a Certificate shall be
effective-
(a) in a case falling
under clause (a) of sub-regulation (l) from the date on which and during the
period for which the name of the holder of the Certificate was removed from the
Register of Members; and
(b) In any other case
from such date and for such period as the Council may determine.
(3) When a Certificate is cancelled, the date
from which and the period for which the Certificate shall stand cancelled,
shall be communicated to the member concerned and shall also be notified in the
Gazette of India.