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Section5
The Chartered Accountants Act, 1949

Fellows and Associates

In force From 01 Jul 1949 Act 38 of 1949 As on 15 Oct 2026

Act 38 of 1949 Ministry Corporate Affairs Enacted 01 May 1949 In force 01 Jul 1949 Cited by 1 provision Instruments 4

Section 5 of the Chartered Accountants Act, 1949 deals with fellows and Associates. The members of the Institute shall be divided into two classes designated respectively as associates and fellows. The Act came into force on 01 Jul 1949.

(1) The members of the Institute shall be divided into two classes designated respectively as associates and fellows.

(2) Any person shall, on his name being entered in the 1[Register of members], be deemed to have become an associate member of the Institute and be entitled to use the letters A. C. A. after his name to indicate that he is an associate member of the Institute of Chartered Accountants.

2[(3) A member, being an associate who has been in continuous practice in India for at least five years, whether before or after the commencement of this Act, or whether partly before and partly after the commencement of this Act, and a member who has been an associate for a continuous period of not less than five years and who possesses such qualifications as the Council may prescribe with a view to ensuring that he has experience equivalent to the experience normally acquired as a result of continuous practice for a period of five years as a chartered accountant shall, on payment of such fees, as may be determined, by notification, by the Council 3***, and on application made and granted in the prescribed manner, be entered in the Register as a fellow of the Institute and shall be entitled to use the letters F. C. A. after his name to indicate that he is a fellow of the Institute of Chartered Accountants:

4*****.]

Section 5, The Chartered Accountants Act, 1949 (Act 38 of 1949).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Referred to by 1

  1. s. 30 Power to make regulations

Made under this section, and citing it

2 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.

Another 2 instruments name this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 5

What does Section 5 of the Chartered Accountants Act deal with?

Section 5 of the Chartered Accountants Act is headed "Fellows and Associates". The members of the Institute shall be divided into two classes designated respectively as associates and fellows.

How do I find court cases under Section 5 of the Chartered Accountants Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Chartered Accountants Act 5, section 5 Chartered Accountants Act, section 5 of the Chartered Accountants Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 5 of the Chartered Accountants Act, and has it changed?

1 other provision in this corpus refers back to it. The rules and notifications made under it are where it actually bites, and there are 2: most recently The Charted Accountants(Amendment) Act,2006. 08/08/12 (2012), then Amendment in the fee for name to be entered in the register under Chartered Accountants Act, 1949 (2008).

When did Section 5 of the Chartered Accountants Act come into force?

Section 5 of the Chartered Accountants Act, cited as Chartered Accountants Act 5, came into force on 01 Jul 1949, having been enacted on 01 May 1949. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.