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Delhi HC Upholds 3-Month Removal of CA from ICAI Register for Audit Lapses
Case Law Details
- Case Name
- Council of The Institute of Chartered Accountants of India Vs S.N. Shivakumar (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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Council of The Institute of Chartered Accountants of India Vs S.N. Shivakumar (Delhi High Court)
The Delhi High Court dealt with a reference made under Section 21(5) of the Chartered Accountants Act, 1949 seeking confirmation of the punishment imposed on a chartered accountant, namely removal of his name from the register of members of the Institute for a period of three months. The reference arose from disciplinary proceedings initiated after a communication dated 20 October 2006 from the Reserve Bank of India (RBI), which informed the Institute that the audit report of a finance company for ...
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