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If you are Chartered Accountant by profession and you are under prosecution for "PROFESSIONAL & OTHER MISCONDUCTS" by The Institute of Chartered Accountants of India (ICAI), here is GOOD NEWS for you.

My name is Mr. Snehal Thakkar residing at Mumbai. My contact details are Mobile No - +91 98202 98768 and Email ID - thakkarsnehal@yahoo.com

I have filed one complaint in The Institute of Chartered Accountants of India (ICAI) for misusing my name & signature as a director in the company RML Multitrade Private Limited, even after my resignation in the said company. A company involved in Black Money Scandal of more Rs. 500 Crores. The in Black Money Scandal is driven by Late Kumar Raichand Madan, Mr. Ronak Devendra Chheda and mastermind C.A. Kishor Gala, the member of The Institute of Chartered Accountants of India (ICAI).

The F.I.R. also been registered by me in Mumbai Police against the said Chartered Accountant C.A. Kishor Gala (Membership No 48752) of K. Gala & Associates (FRN 114864W) along with Mr. Kalpesh Vinodrai Mehta (co-director of RML Multitrade Private Limited), Mr. Ronak Devendra Chheda (Nephew Late Kumar Raichand Madan) & Mr. Jils Raichand Madan (Brother of Late Kumar Raichand Madan).

The Disciplinary Directorate of The Institution of Chartered Accountant of India (ICAI) has passed one historic order in favor of their member by reversing their own PRIMA FACIA OPINION by suppressing all the facts and that too without representation by their member C.A. Kishor Gala of K Gala & Associates in the personal hearing held in ICAI office BKC, Mumbai.

The Disciplinary Directorate of The Institution of Chartered Accountant of India (ICAI) has passed PRIMA FACIA ORDER (dated 19th May, 2018) of "GUILTY".

The Disciplinary Directorate of The Institution of Chartered Accountant of India (ICAI) has passed final order "NOT GUILTY on 26th June 2019 vide ref. no PR/130/16-DD/153/16-BOD/438/18.

Member C.A. Kishor Gala of The Institution of Chartered Accountant of India (ICAI), Late Kumar Raichand Madan & Mr. Ronak Devendra Chheda and others used to run black money scandal of more than Rs. 500 crores. I am one of the victim of their black money scandal.

The above case detail are as follows: I was acting as the director of the company namely RML Multitrade Private Limited from the period 30/09/2010 to 28/03/2011. I resigned from the company on 28/03/2011. In October 2015 I came to know that my name still appears as a director in the said company namely RML Multitrade Private Limited. Original signed Resignation Letter.

I confirmed the above fact by visiting MCA/ROC website and on confirmation, I initiated one complaint in Dena Bank, Bhat Bazar Branch on 15/10/2015 in the morning thru my staff about misused of my name in the said company and my current status in the said company's bank account. The same day in evening at 07:45:55 P.M., my forged signature Resignation Letter was uploaded on MCA/ROC website. The forge signed letter is

I again & again visited the MCA/ROC website to know the facts and came to know, that Chartered Accountant C.A. Kishor Gala of K. Gala & Associates has audited books of account of company and my signatures were forged by them, on the Balance Sheet and Profit & Loss Accounts for Financial Year 2010-11 & 2011-12. I collected certified copy of the DIR-12, FORM-23AC & 23ACA for Financial Year 2010-11 & 2011-12 from MCA/ROC Mumbai office.

Page no 1, 2 & 3 are containing my forged signature. The Signature expert report of Mrs. Titiksha Desai Kamble is attached here for your ready reference. The signatures on DIR-12, FORM-23AC & 23ACA for Financial Year 2010-11 & 2011-12 are not matching with my actual signatures.

I initiated one complaint in The Institution of Chartered Accountant of India (ICAI) on 19/05/2016 in prescribe format of ICAI against their member C.A. Kishor Gala of K. Gala & Associates. My complaint was registered by The Institution of Chartered Accountant of India (ICAI) but after my application of RTI to ICAI only I received copy of reply of C.A. Kishor Gala's, from The Institution of Chartered Accountant of India (ICAI), which Mr. Kishor Gala had replied to them against my complaint. On receiving the replied, I submitted my rejoinder on 13/02/201 as required by The Institution of Chartered Accountant of India (ICAI).

The PRIMA FACIA OPINION order dated 19/05/2018, where the auditor C.A. Kishor Gala of K Gala & Associates is found GUILTY in accordance with the provisions of Rule 8(4) of the Chartered Accountants (Procedure of Investigations of Professional & other misconduct and conduct of Cases) Rules, 2017 by The Institute of Chartered Accountant of India (ICAI). The PRIMA FACIA OPINION order dated 19/05/2018 -

As per The Institution of Chartered Accountant of India (ICAI) rules, personal hearing took places, where complainant (myself) & respondent (C.A. Kishor Gala) had to represents oneself along with the councilor (if require).

I personally attended first hearing on 10/04/2019, where respondent member of ICAI, C.A. Kishor Gala of K Gala & Associates remain absent, but was represented by his Advocate, who requested for a date, on the ground, that C.A. Kishore Gala was busy in official work and hence could not come. The committee accepted the request and issued fresh date of hearing thru email afterword.

I personally attended the second & final hearing on 26/06/2019, where again respondent member, C.A. Kishor Gala of K Gala & Associates again remain absent, but his Advocate who was representing him, again requested for adjournment on some medical reason. The committee decided to conduct hearing under their certain rules. I have submitted some more evidences against their member C.A. Kishor Gala of K Gala & Associates in above personal hearing.

One fine day, I received “historic verdict” by The Disciplinary Directorate of The Institution of Chartered Accountant of India (ICAI) that their member, C.A. Kishor Gala of K Gala & Associates is found "NOT GUILTY". The copy of Final Order dated 14/11/2019

It was very shocking for me that their member C.A. Kishor Gala of K Gala & Associates was found "GUILTY" initially in their PRIMA FACIA OPINION and thereafter they found him "NOT GUILTY" in final opinion that too when C.A Kishor Gala had neither attended any hearing nor filed any say or submitting any evidence(s) to prove himself "NOT GUILTY", whereas I had submitted more evidences to prove the crime done by their member, C.A. Kishor Gala of K Gala & Associates.

C.A. Kishor Gala himself submitted affidavit in the court that he has audited books of accounts as per the request of his school friend Late Kumar Raichand Madan who was not at all any legal position in the Company RMl Multitrade Private Limited also admitted that even don't know Mr. Snehal Thakkar & Mr. Kalpesh Vinodrai Mehta at that time who was the director as per MCA/ROC record.

THE FACT SHEET OF THE CASE AGAINST C.A. KISHOR GALA OF K GALA & ASSOCIATES 1 C.A. Kishor Gala of K Gala & Associates, himself admitted in his Anticipatory Bail application and written statement submitted in the Ld. Session Court, Mumbai for Police Case registered against him, by me that "they have audited books of accounts for Financial Year 2010-11 & 2011-12 on the request of Mr. Kumar Raichand Madan, who was his college friend, and not the authorised person of the company, RML Multitrade Private Limited, Appointment by the Board of Director, nor was he a Director. Hence the basic requirement as per the companies act 1956", was not followed. As per my knowledge auditor can only audit the books of account after he is appointment by the board of directors of the company.

Mr. Kalpesh Vinodrai Mehta was the co-director of the company namely RML Multitrade Private Limited & his signature are also inked on the Balance Sheet and Profit & Loss accounts for FY-2010-11 & 2011-12, who also filed in his Antcipatory Bail Application and written statement in the Ld. Session Court, Mumbai, that "He came to know about the fraud in 2016, when Malad Police Station send him summon against my complaint. He also submitted in his statement that he was never director of company namely RML Multitrade Private Limited & he never applied for any Digital Signature Certificate (DSC).

According to the statement of Mr. Kalpesh Vinodrai Mehta even, he was not the director of the company RML Multitrade Private Limited then who appointed the member C.A. Kishor Gala of K Gala & Associates of The Institute of Chartered Accountants of India (ICAI) as an auditor of RML Multitrade Private Limited.

"The Disciplinary Directorate of The Institute of Chartered Accountants of India (ICAI) has not taken into account their basic requirement of their Institution, that any auditor member of their Institution, can audit the accounts of a company, only if they are authorized by the board of directors of that company and not on the saying of their friend. In my case, The Disciplinary Directorate of The Institute of Chartered Accountants of India (ICAI) has refused to follow their own rules and passed orders in favor of their member Auditor Kishore Gala of K Gala & Associates and created a new bench mark of audit which was completely unethical and bias on their part.

2 That I had resigned from the post of the director on 28/03/2011 from the company, namely RML Multitrade Private Limited because the company had already incurred loss of more than Rs. 2,65,00,000/- in share trading business. As per the profit & Loss Account for FY - 2010-11, the said company RML Multitrade Private Limited has posted a profit of Rs. 72,879.59. The copy of Balance Sheet and Profit & Loss Account for FY - 2010-11.

The company RML Multitrade Private Limited had incurred losses of more than Rs. 2,65,00,000/- in share market in the SEBI registered broking company, namely Zodiac Broking Private Limited. The relevant documents are availed to The Disciplinary Directorate of The Institute of Chartered Accountants of India (ICAI) in time. The copy of bank statement & The Global Report (A report which reflects purchases & sales of shares and profit/loss made by the company RML Multitrade Private Limited issued by the Zodiac Broking Private Limited (A SEBI registered broker where share market transactions took place).

"The Disciplinary Directorate of The Institute of Chartered Accountants of India (ICAI) has no objection that such losses are not posted in the Profit & Loss Accounts by their member even after written complaint by the director of that period and too with documentary evidences."

" The Disciplinary Directorate of The Institute of Chartered Accountants of India (ICAI) also had no issue about the accounting effects not reflects in the books of accounts of the company even after clearly visible in the four pages of full year bank statement of RML Multitrade Private Limited. The copy of Bank statement"

3 The member C. A. Kishor Gala of K. Gala & Associates of The Institute of Chartered Accountants of India (ICAI) is ready to sign any kind of document like balance sheet and profit & loss account without signature of directors like he did in Precious Realties & Investment Private Limited (a company also owned by their friend Late Kumar Raichand Madan) for FY - 2010-11. The said audited balance sheet is also available on MCA/ROC website for your reference.

"The Disciplinary Directorate of The Institute of Chartered Accountants of India (ICAI) also have no objection that their member signed the documents even without signature of the director of the company. I hope this must be normal practice APPROVED by the ICAI."

The member C.A. Kishor Gala of K Gala & Associates of The Institute of Chartered Accountants of India (ICAI), has wrongly audited books of accounts which resulted that Income Tax Department send me the recovery notice of Rs. Rs. 70,44,560/- (Rupees Seventy Forty Four Thousand Five Hundred Sixty Only). The copy of Income Tax Recovery Notice

Rather I was the person who informed Income Tax Department about this cheating & fraud thru email dated 19/07/2016.

As per PRIMA FACIA OPINION, I have not attached forensic report of my signature which I have submitted in the personal hearing even though The Disciplinary Directorate of The Institute of Chartered Accountants of India (ICAI) not ready to accept this fact just because respondent is their member.

Mr. Kishor Gala of K Gala & Associates (the member of The Institute of Chartered Accountants of India (ICAI)) and Late Kumar Raichand Madan along with Mr. Ronak Chheda has also cheated Government of India by creating Black Money Scandal of more than Rs. 500 Crores.

Some facts of Black Money Scandal. They have more than 600-650 Saving/Current accounts in the Dena Bank, Bhat Bazar Branch along with RML Multitrade Private Limited. They also have Some more account in the same way some other bank(s).

I am enclosing the list of more than 900 personals & many Companies/LLP, whose Income Tax Returned are filed for FY-2013-14. The list contains Name, Financial Year, Date of filing, Mobile No, E-mail ID used for filing the Income Tax Returns.

Some members who are the unofficial money lenders and some agents for money laundering activities like Hiten Haria, Kirit Nagda, Kishor Chheda and many more. I have all the detail of these black money scandal but The Institute of Chartered Accountants of India (ICAI) not ready to accept this fact just because respondent is their member.

Some transactions show money transferred from the Individuals/Companies control by C.A. Kishor Gala of K Gala & Associates, Late Kumar Raichand Madan & Ronak Devendra Chheda to Individuals/Companies whose financer/agent are Hiten Haria, Kirit Nagda, Kishor Chheda, who are the beneficiary and are availed loans on the books of account only and that too without any kind of documents like Inter Corporate Documents (ICD) because these official money offered in form of loans in exchange of CASH (black money). -

I have mentioned about scam in my first submission only but it was not taken into consideration, just because C.A. Kishor Gala of K Gala & Associates is their member of The Institute of Chartered Accountants of India (ICAI).

All the member of The Institute of Chartered Accountants of India (ICAI) are now use above PRIMA FACIA OPINION and FINAL OPINION to do any kind of scam and I am sure and confident too that your institute, The Institute of Chartered Accountants of India (ICAI) will not punish you at all.

So be free and do any kind of masti in your report, The Institute of Chartered Accountants of India (ICAI) has no issue.

My all the best wishes and many congratulations to all the member(s) who are under such kind of prosecution by The Institute of Chartered Accountants of India (ICAI) as above final award allows such kind of practices.

Many regards

Snehal Thakkar