ICSI AA reduces penalty for professional misconduct on errant member

Praveen Kumar Kanungo Vs. Disciplinary Committee Institute of Company Secretaries of India (Appellate Authority Constituted Under The Company Secretaries Act, 1980); APPEAL NO. 15/ICSI/2017; 26/03/2018 Appellate Authority Constituted Under The Company Secretaries Act, 1980 held that after perusing the documents on record and hearing the arguments of the Learned Counsel of the Appellant on the core issue of quantum of punishment, we are of the considered view that punishment awarded to the Appellant in the present matter is certainly on the higher side, enormous and harsh in comparison with the...