Tag: professional misconduct
ICAI debars seven chartered accountants for charges of professional misconduct ICAI has held seven Chartered Accountants guilty of committing Professional Misconduct as defined in CA Regulations and has debarred them for prescribed period by ordering removal of their name from the register of members and also penalising them …
In cases of professional misconduct, the degree of proof beyond reasonable doubt do not apply – High Court held CA guilty of negligence in issuing two utilisation certificates. In a recent judgment, Hon’ble Delhi High Court upholding the Chartered Accountant guilty of professional misconduct held that in cases …
High Court stays ban on Chartered Accountant for professional misconduct due to non appointment of Chairperson in Appellate Authority ICAI In a recent judgment, Hon’ble Delhi High Court stayed ICAI notification removing the name of a chartered accountant for alleged professional misconduct as the office of the Chairperson …
ICAI bars seven Chartered Accountants on the charges of Professional Misconduct Particulars Punishment Notification CA. Girish Bherumal Gundesha (Membership No. 042885), 202, Khopkar Heights, Opposite YMCA Club, 383, New Rasta Peth, PUNE -411011 Name removed from the Register of Members for a period of 03 months with effect …
Once dispute settled and complainant not interested in pursuing case, ICAI was not justified holding CA guilty of professional misconduct – Supreme Court dismisses SLP of ICAI ABCAUS Case Law Citation ABCAUS 3605 (2022) (08) ICAI A complaint was filed before ICAI by a Chartered Accountant against another …
ICAI bans a chartered accountant for doing audit in excess of prescribed numbers The Disciplinary Committee of the ICAI has held CA. Deepak Kedia (Membership No. 029842), BENGALURU, guilty of Professional Misconduct. Previously, the ICAI had taken action in terms of the provisions of Section 21B(3) of the …
ICAI bans seven CAs on being found guilty of professional misconduct THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA Notification No. PR/237/15-DD/261/15/DC/767/2018 New Delhi, the 15th February, 2021 (CHARTERED ACCOUNTANTS) In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949read with Rules 18(17) and 19(1) …
ICAI has issued a clarification on Statutory Auditor of a Company giving feedback to Credit Rating Agencies about Auditee Client CAs as Statutory auditor can not share client information with credit rating agencies without permission The Institute stated that it has been receiving queries from the members as …
ICAI removes name of five CAs for Professional Misconduct from Members’ Register from one month to 4 1/2 years THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 25th September, 2020 (CHARTERED ACCOUNTANTS) No. PR/303/13/DD/293/13/DC/510/16.—In terms of the provisions of Section 21B(3) of the Chartered Accountants …
IBBI bans Insolvency Professional for three months for appointing unregistered valuer ABACUS Case Law CitationABCAUS 3372 (2020) (08) IBBI In a recent case, Disciplinary Committee of IBBI has banned an Insolvency Professional for a period of three months for appointing unregistered valuer Under regulation 27 of the corporate …
