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ICAI Establishes New CIRC Branches Across Central India

Introduction

The Institute of Chartered Accountants of India (ICAI) has recently published notifications announcing the establishment of new branches under its Central India Regional Council (CIRC). Issued pursuant to Regulation 159(1A) of the Chartered Accountants Regulations, 1988, these notifications illustrate ICAI's commitment to enhance its service reach within the region.

Detailed Analysis

Muzaffarpur District Branch

ICAI has established the Muzaffarpur District Branch of CIRC in Bihar, effective January 3, 2024. The branch's headquarters will be in Muzaffarpur, and it will cover the entire Muzaffarpur District. The branch will operate under the council's guidance and is responsible for the following locations within its jurisdiction:

  • Muzaffarpur
  • Aurai
  • Bandra
  • Bochahan
  • Gaighat
  • Kanti
  • Katra
  • Kurhani
  • Marwan
  • Minapur
  • Motipur
  • Muraul
  • Mushahari
  • Paroo
  • Sahebganj
  • Sakra
  • Saraiya

Neemuch District Branch

The Neemuch District Branch of CIRC has also been established in Madhya Pradesh, with effective operations commencing on January 3, 2024. Located in Neemuch, the branch will oversee the entire Neemuch District and the following towns:

  • Neemuch
  • Athana
  • Diken
  • Jawad
  • Jiran
  • Kukreshwar
  • Manasa
  • Nayagaon
  • Rampura
  • Ratangarh
  • Sarwania Maharaj
  • Singoli

Darbhanga Branch

In Bihar, the Darbhanga Branch of CIRC is now established, also effective January 3, 2024. Headquartered in Darbhanga, the branch's jurisdiction will encompass the city and extend to the following locations, all within a 50 km radius:

  • Darbhanga Sadar
  • Bahadurpur
  • Keoti
  • Singhwara
  • Jale
  • Manigachhi
  • Tardih
  • Baheri
  • Hayaghat
  • Hanuman Nagar
  • Benipur
  • Alinagar
  • Biraul
  • Ghanshyampur
  • Kusheshwar Asthan
  • Kusheshwar Asthan East
  • Kiratpur
  • Gaura Bauram
  • Samastipur
  • Madhubani

Raigarh Branch

In Chhattisgarh, a new Raigarh Branch of CIRC is established, with operations starting on February 7, 2024. The headquarters will be in Raigarh, and its jurisdiction includes the city and surrounding towns within a 50 km radius, which consist of:

  • Raigarh
  • Pusaur
  • Sarangarh
  • Baramkela
  • Gharghoda
  • Tamnar
  • Dharamjaigarh
  • Kharsiya
  • Lailunga
  • Sakti

Ujjain Branch Modification

Additionally, a modification notification has been issued to include Barnagar in the jurisdiction of the Ujjain Branch of CIRC in Madhya Pradesh. This modification will be effective from February 7, 2024.

Conclusion

These recent notifications exemplify ICAI's strategic initiatives aimed at enhancing accessibility to its services and fortifying support for the accounting community in Central India. By inaugurating new branches and modifying existing ones, ICAI is dedicated to better serving its members and stakeholders, ultimately facilitating professional growth and development within the region.