RBI-Customers Limited Liability in Unauthorised Net Banking Transactions. After reporting unauthorised transaction to bank loss shall be borne by bank.

August 12, 2016 RBI
RBI-Customers Limited Liability in Unauthorised Net Banking Transactions. After reporting unauthorised transaction to bank loss shall be borne by bank. Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions Reserve Bank of India (RBI) has placed a Draft Circular on “Customer Protection – Limiting Liability of Customers …
Chartered Accountant held guilty of misconduct not detecting fraud in bank concurrent audit with penalty of severe reprimand – Delhi High Court

Chartered Accountant held guilty of misconduct not detecting fraud in bank concurrent audit with penalty of severe reprimand – Delhi High Court

August 12, 2016 Chartered Accountants, ICAI
CA held guilty of misconduct not detecting fraud in bank concurrent audit, served with penalty of severe reprimand – Delhi High Court ABCAUS Case Law Citation: 983 2016 (08) HC Date/Month of Judgment: August 2016 The indictment: It was alleged by the bank that the respondents chartered accountant had …
Settlement of audit objections in Ministries-Departments. JS level Committee to be set up to settle outstanding Inspection Reports & Audit Paras

Settlement of audit objections in Ministries-Departments. JS level Committee to be set up to settle outstanding Inspection Reports & Audit Paras

August 11, 2016 Finance Ministry
F.No. 12(10)/E-Coord/2016 Government of India Ministry of Finance Department of Expenditure Lok Nayak Bhavan, New Delhi Dated the 10th August 2016 OFFlCE MEMORANDUM Subject: Settlement of audit objections- formation of Committee. It has been brought to the notice of this Ministry that a large number of Inspection Reports …