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CS Professional · Compliance Management, Audit and Due Diligence · Values, Ethics and Professional Conduct

CS Vikram Shah, a Fellow, was found guilty of Second Schedule misconduct and fined. He plans to contest the Council election under Section 9(2)(a). From which point does the bar on his eligibility run, and for how long?

He is ineligible for eight years from payment of the fine. The proviso to Section 9(2)(a) bars a Fellow found guilty of Second Schedule misconduct for eight years from completion of removal or payment of fine, whereas First Schedule misconduct carries four years.

  1. AFour years from payment of the fine
  2. BEight years from payment of the fineCorrect
  3. CEight years from the date the complaint was received
  4. DFour years from the date of the Committee's opinion

Explanation

The proviso to Section 9(2)(a) bars a Fellow penalised with a fine or removal from contesting. For First Schedule misconduct the bar is four years, and for Second Schedule misconduct it is eight years, counted from completion of the removal period or payment of the fine. Four years applies only to First Schedule cases.

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