Council of The Institute
The management of the affairs of the Institute is undertaken by a Council constituted under the Chartered Accountants Act, 1949. The Council consists of 32 elected fellow members and up to 8 members nominated by the Government of India. The elected members of the council are elected under the single transferable vote system by the members of the institute. The Council is re-elected every 3 years. The Council elects two of its members to be president and vice-president who hold office for one year. The president is the Chief Executive Authority of the Council.
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