Case Law Details
Case Name : S. Sukumar Vs. The Secretary, Institute Of Chartered Accountants Of India & Ors.
Related Assessment Year :
Courts :
Supreme Court of India
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Issue before the Hon’ble Supreme Court
Whether Multi-National Accounting Firms (MAFs) are operating in India in violation of law in force in a clandestine manner, and no effective steps are being taken to enforce the said law. If so, what orders are required to be passed to enforce the said law.
Pleadings-
Briefly, the averments in the High Court writ petition are: The MAFs are illegally operating in India and providing Accounting, Auditing, Book Keeping and Taxation Services. They are operating with the help of Indian Chartered Accountancy Firms (ICAFs) illegally. Operations of such ent...
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The problem is majority of council members belong to MAF. How this problem could be solved by ICAI.
KS