Remedy of appeal available only to member of ICAI & not to complainant/informant: HC

Karnavati Cooperative Bank Limited Vs Disciplinary Committee (Gujarat High Court) Gujarat High Court held that misconduct charges against the auditor not sustained stating the Statute provides remedy of appeal is only available to a member of ICAI against the decision of the Board Discipline or Disciplinary Committee imposing any penalty. The same is not available to the complainant or informant. Facts- The writ-applicant here in is a Cooperative Bank and the present writ-application is instituted through its Vice President challenging the order passed by respondent No.1 -Disciplinary Committe...