ICAI to cause special audit if objection are raised on its financials: Madras HC

V. Venkata Siva Kumar Vs Union of India (Madras High Court)

The grievance of the writ petitioner is that there are certain financial irregularities being committed by the Chartered Accountant Institute and the petitioner raised several objections regarding the financial irregularities committed. Since no action has been taken against the persons responsible for such financial irregularities, the petitioner is constrained to move the present writ petition for appointing an Independent Agency for conducting Special Audit.

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