In this Act unless the context otherwise requires:

(i) "Accountant" for the purpose of this Act means-

(a) A Chartered Accountant within the meaning of the Chartered Accountant's Act, 1949 (38 of 1949);

(b) A person, who by virtue of the provisions of sub-section (2) of Section 226 of the Companies Act, 1956 (1 of 1956), is entitled to be appointed to act as an auditor of companies registered; or

(c) A Cost Accountant within the meaning of the Cost and Works Accountants Act, 1959 (23 of 1959); or

(d) A person referred to in Section 619 of the Companies Act, 1956 (1 of 1956);

(e) A person, who has passed the final examination of Institute of Companies Secretaries of India, New Delhi;

(f) A person, who has passed any other examination in this behalf, notified by the Government.