law: Chartered Accountants Act, 1949 
  24. Penalty for falsely claiming to be a member, etc.
  Any person who- 
  (i) not being a member of the Institute- 
  (a) represents that he is a member of the
  
  Institute; or
  (b) uses the designation Chartered Accountant;
  
  or
  (ii) being a member of the Institute, but not having a
  
  certificate of practice, represents that he is in practice or practices as a
  
  chartered accountant, shall be punishable on first conviction with fine which
  
  may extend to one thousand rupees, and on any subsequent conviction with
  
  imprisonment which may extend to six months or with fine which may extend to
  
  five thousand rupees, or with both.