NON-ACADEMIC ICAI UPDATE (NOT RELEVANT FOR EXAMS BUT FOR GENERAL AWARENESS)
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Please find text of the ICAI elects New Torchbearers for the year 2021-22 notification below –
ICAI elects New Torchbearers for the year 2021-22
Public Relations Committee
The Institute of Chartered Accountants of India
12th February, 2021
PRESS RELEASE
ICAI elects New Torchbearers for the year 2021-22
The Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2021-2022.
CA. Nihar N Jambusaria has been elected as the President and CA. (Dr.) Debashis Mitra has been elected as the Vice-President of The Institute of Chartered Accountants of India w.e.f. February 12, 2021.
Brief Profile & photograph of CA. Nihar N Jambusaria, President, ICAI & CA. (Dr.) Debashis Mitra, Vice- President, ICAI are attached.
 CA. Nihar N Jambusaria, President ICAI Brief Profile |  CA. (Dr.) Debashis Mitra, Vice-President ICAI Brief Profile |
About ICAI
The Institute of Chartered Accountants of India (ICAI) is a statutory body set up in 1949 under an Act of Parliament to regulate the Profession of Chartered Accountants in India. ICAI continues its steadfast march to uphold the virtues of accountability, integrity and transparency in every sphere of country’s economic system. With over 3.20 lakh members and more than 7 lakh students, ICAI ranks amongst the largest accounting bodies in the world.
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 constitutes of 40 members of whom 32 are elected by the Chartered Accountants and remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Ministry of Corporate Affairs, Ministry of Finance, Securities and Exchange Board of India and other stakeholders.
Official Link of ICAI elects New Torchbearers for the year 2021-22 notification can be accessed from below –
https://icai.org/post/icai-elects-new-torchbearers-for-the-year-2021-22
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