Tag: ca misconduct
Supreme Court direct Govt to constitute Committee to suggest changes in Law to discipline and regulate Multi-National Accounting Firms like PWC. ABCAUS Case Law Citation: ABCAUS 2221 (2018) (02) SC The petitioner had approached the High Court of Karnataka seeking investigation against Multi-National Accounting Firms (MAFs) and Indian …
ICAI removes Varanasi based CA name from register of members being found guilty of misconduct. The High Court held the CA guilty of taking delivery of shares by fake authority letter and disposing them off. The Hon’ble High Court of Allahabad in pursuance of Section 21(6)(c) of the Chartered Accountants …
ICAI removes name of two CAs from member’s register having been found guilty of misconduct and confirmed by Allahabad High Court THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up under an Act of Parliament) New Delhi, the 17 November, 2017 NOTIFICATION (CHARTERED ACCOUNTANTS) No.29-CA/Law/D-338/2017.—In exercise of the …
High Court bans CA for one year for connivance in anti-dated stock invests issued by Bank and irregular share allotment on the complaint of SEBI ABCAUS Case Law Citation: ABCAUS 2129 (2017) (11) HC In a recent judgment, the Hon’ble high Court in a case involving allegation of …
Findings of Disciplinary Committee of ICAI related to misconduct by chartered accountants would ordinarily not be disturbed unless found to be unjust, unwarranted or contrary to law. High Court can not re-appreciate evidence on record or assess the findings of the Committee as an Appellate Authority-Gujarat High Court …
ICAI Council had no record of oral discussions in forming prima facie opinion of misconduct against CA. However, Petition of CAs rejected on legal ground of res judicata. ABCAUS Case Law Citation: ABCAUS 2094 (2017) (10) HC Brief Facts of the Case: The petitioners were chartered accountants …
CA made co-accused for preparing false projected financials for bank loan, High Court declines to interfere in criminal prosecution though CA was absolved by Disciplinary committee of ICAI ABCAUS Case Law Citation: ABCAUS 2058 (2017) (09) HC The Issue: Whether the exoneration of the Chartered Accountant (CA) …
ICAI removed name of five CAs from Register of Members for professional/other misconduct. Institute of Chartered Accountants of India (ICAI) has removed the name of five chartered accountants from the Register of Members on them having been found guilty of Professional Misconduct. as under: City Relevant section …
ICAI notifies removal of CA name from members register for 8 years. Delhi based CA was held guilty of misconduct by Council and Delhi High Court THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up under an Act of Parliament) NOTIFICATION New Delhi, the 10th July, 2017 (CHARTERED …
SC directs ICAI to provide complainant’s statement to CA for alleged misconduct. High Court to interpret Regulation 16 of the CA Regulations 1988. ABCAUS Case Law Citation: ABCAUS 2006 (2017) (07) HC/SC Brief Facts of the Case: Disciplinary proceedings on the alleged charges of misconduct were initiated …
