IFSCA releases updated guidelines for setting up and operating International Trade Finance Services Platforms (ITFS) in IFSC, effective immediately.
A Chartered Accountant was reprimanded and fined by ICAI’s Disciplinary Committee for failing to exercise due diligence while witnessing company incorporation documents.
The Institute of Chartered Accountants of India (ICAI) has announced the key dates for the upcoming elections to its Council and Regional Councils. The last date for receiving nominations is September 25, 2024, by 6:00 PM. Scrutiny of nominations will occur from October 1 to October 10, 2024, in New Delhi, with the last date […]
ICAI’s Disciplinary Committee reprimands CA. Shubham Agarwal for professional misconduct, including client solicitation, data theft, and operating an unregistered firm.
ICAI takes disciplinary action against multiple Chartered Accountants, issuing reprimands, fines, and removals for professional misconduct including audit failures and conflicts of interest.
The ICAI Disciplinary Committee found CA. Purushottam Gupta guilty of professional misconduct as a Concurrent Auditor, failing to report fund misappropriation and exercise due diligence. He received a reprimand and a Rs. 50,000 fine.
ICAI Disciplinary Committee reprimands CA Rahul Singh for professional misconduct, including accepting an audit without proper NOC and violating Companies Act provisions.
ICAI Disciplinary Committee reprimands CA Anand Prakash Gupta for professional misconduct, including failing to report irregularities and circumventing auditor rotation rules.
ICAI Disciplinary Committee suspended CA Narinder Kumar for one year due to professional misconduct involving audits of paper entities.
Explore the Madras High Court’s judgment in the case of Vikas Sharma vs Additional Commissioner of Customs, addressing penalties on a Customs Officer for abetting gold smuggling. The court examines challenges related to the denial of mandated opportunities under Section 112(a)(i) of the Customs Act, emphasizing principles of natural justice. Read the full text for an in-depth analysis and the court’s directive on seeking statutory remedies.
