Bar Council of India (BCI) Co-Chairman and senior advocate YR Sadasiva Reddy has called for the immediate resignation of Chairman Manan Kumar Mishra, alleging financial irregularities, questionable appointments and unilateral decisions that have damaged the institution’s credibility.In a six-page letter dated August 22, Reddy asked Mishra to step down within 15 days and called for a special meeting of the BCI to consider the allegations.Among the most serious claims is an alleged move to transfer Rs 150 crore from BCI funds to a private trust, BCI Trust PEARL – First, registered in September 2020. Reddy alleged that the trust was established with trustees selected by Mishra.“I know of no provision of the Advocates Act, 1961 which permits the corpus of a statutory regulator to be transferred to a private trust registered by its own Chairman”, Reddy wrote.He also alleged that law colleges seeking approval or renewal from the BCI were being asked to make contributions to the trust, allegedly ranging from Rs 25 lakh to Rs 1 crore. Reddy said such regulatory powers could not be used to raise funds.Also read | <a href="https://www.wionews.com/india-news/nia-court-rejects-bail-plea-of-pulwama-terror-case-accused-insha-jan-cites-ongoing-trial-1787374257492">NIA court rejects bail plea of Pulwama terror case accused Insha Jan, cites ongoing trial</a>The letter further alleged that several BCI employees had personal links to Mishra, including members of his family, without transparent recruitment procedures.Reddy also criticised the August 13 directive asking State Bar Councils not to enrol the graduating batch of NALSAR University of Law, Hyderabad. He alleged the decision was taken without a BCI resolution or supporting material.“That single act... has done more damage to the standing of this Council than anything else in its history”, Reddy wrote.The directive was withdrawn within hours following criticism from legal bodies and the Supreme Court.Reddy also questioned Mishra’s continued tenure as BCI chairman, saying he has held the position since 2012 despite a two-year term.He sought an independent audit of BCI and the trust’s accounts, an end to alleged contributions from law colleges and a special BCI meeting.“When the regulator of a profession is publicly repudiated by the profession it regulates... the question of its chairman’s continuance is no longer a matter of personal preference. It is a question of institutional survival”, Reddy concluded.&nbsp;

BCI Co-Chairman YR Sadasiva Reddy has sought Manan Kumar Mishra’s resignation, alleging financial irregularities, nepotism and unilateral decisions, while demanding a special meeting and independent audit.

Bar Council of India (BCI) Co-Chairman and senior advocate YR Sadasiva Reddy has called for the immediate resignation of Chairman Manan Kumar Mishra, alleging financial irregularities, questionable appointments and unilateral decisions that have damaged the institution’s credibility. In a six-page letter dated August 22, Reddy asked Mishra to step down within 15 days and called for a special meeting of the BCI to consider the allegations. Among the most serious claims is an alleged move to transfer Rs 150 crore from BCI funds to a private trust, BCI Trust PEARL – First, registered in September 2020. Reddy alleged that the trust was established with trustees selected by Mishra. “I know of no provision of the Advocates Act, 1961 which permits the corpus of a statutory regulator to be transferred to a private trust registered by its own Chairman”, Reddy wrote. He also alleged that law colleges seeking approval or renewal from the BCI were being asked to make contributions to the trust, allegedly ranging from Rs 25 lakh to Rs 1 crore. Reddy said such regulatory powers could not be used to raise funds. Also read | NIA court rejects bail plea of Pulwama terror case accused Insha Jan, cites ongoing trial The letter further alleged that several BCI employees had personal links to Mishra, including members of his family, without transparent recruitment procedures. Reddy also criticised the August 13 directive asking State Bar Councils not to enrol the graduating batch of NALSAR University of Law, Hyderabad. He alleged the decision was taken without a BCI resolution or supporting material. “That single act... has done more damage to the standing of this Council than anything else in its history”, Reddy wrote. The directive was withdrawn within hours following criticism from legal bodies and the Supreme Court. Reddy also questioned Mishra’s continued tenure as BCI chairman, saying he has held the position since 2012 despite a two-year term. He sought an independent audit of BCI and the trust’s accounts, an end to alleged contributions from law colleges and a special BCI meeting. “When the regulator of a profession is publicly repudiated by the profession it regulates... the question of its chairman’s continuance is no longer a matter of personal preference. It is a question of institutional survival”, Reddy concluded.

BCI Co-Chairman YR Sadasiva Reddy has sought Manan Kumar Mishra’s resignation, alleging financial irregularities, nepotism and unilateral decisions, while demanding a special meeting and independent audit.

‘Bar deserves better’: BCI turning against Manan Kumar Mishra? Co-chairman demands resignation within 15 days

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‘Bar deserves better’: BCI turning against Manan Kumar Mishra? Co-chairman demands resignation within 15 days