Courts have Limited Role in Professional Misconduct matters of CAs

In the present case several charges have been leveled against the Respondent alleging misconduct enlisted in the Second Schedule of the Act. The Disciplinary Committee has found that the respondent has been guilty of the relevant clauses in the Second Schedule as far as Charges 1 (iv), 2, 10, 12 and 13 are concerned. The Disciplinary Committee’s findings suggest that it has examined the material based on the re-audit report and the complaint made to it. Due care has been taken by the Committee, during the course of proceedings to consider each and every aspect and perception put forth by...