AA imposes Penalty of Rs. 50k on DC of ICAI for being negligent

Devendraa P. Kapur Vs ICAI & Others (Appellate Authority of ICAI) 1. We have been informed by the Registrar of the Authority that Shri J. Venkateswarlu, one of the members of the Appellate Authority is not available for hearing the application for extension of time to dispose of these matters by Institute of Chartered Accountants of India on his being busy elsewhere today. 2. This order shall dispose of an application dated 17th January, 2020 filed by Respondent 1/Applicant Institute seeking extension of time by 6 months to conclude the proceedings in the above case pending before it. The ...