Friday, December 16

War between professions - ICAI v/s ICWAI (ICAI)

ICAI v/s ICWAI (ICAI)




Recently ICWAI has demanded to drop the word “Chartered” from the name of Institute of Chartered Accountants Of India. Parliament said it should come from ICAI Itself. ICWAI has strongly opposed respond came from ICAI when ICWAI proposed to alter his name by dropping down word “work”. Parliament has approved it as well as by making an amendment in ICWAI Act. Now ICWAI will know as “ICAI”. And fight begins ICAI V/s ICAI .These both are well known Professional body of India has given very recognizable faces in corporate world.

But our personal view is that why to fight. both are professional bodies and set up by an act of parliament, there is no need of doing such things. At last both are responsible for society at large.

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The Press Release : ICWAI DEMANDS DROP “CHARTERED” FROM ICAI







Meanwhile Some ICWAI members including Council Members of the Institute have received some defamatory emails. In response to that, the Institute has already lodged a complaint to the Police authorities through the Advocates. 


AND also ICWAI removed ICAI's link from their website in the column IMPORTANT LINKS.


Official ICWAI announcement:

FIR lodged with Police authorities against defamatory mails sent to members and Council Members of ICWAI.
Some members including Council Members of the Institute have received some defamatory emails. In response to that, the Institute has already lodged a complaint to the Police authorities through the Advocates. The complaint is uploaded for information of all concerned.
 The FIR





We convey our message to both Institutes to think about society and do not take this kind of initiatives which may harm society and professionalism.


- Team CAhelpers

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