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CA Held Guilty for Certifying Forged MGT-14 Document

August 20, 2024 426 Views 0 comment Print

ICAI finds CA guilty for certifying MGT-14 with copy-pasted signatures; disciplinary action taken following self-admission and committee hearing.

ICAI extends last date to empanel as observers for exam

August 13, 2024 5808 Views 0 comment Print

ICAI announces the extended deadline to 10th September 2023 for online empanelment of members as observers for the Nov/Dec 2023 CA Examinations.

Failure to maintain attendance sheets for board meetings: MCA imposes Penalty

August 5, 2024 2493 Views 0 comment Print

MCA imposes penalty for failure to maintain proper records and attendance sheets for board meetings, as well as inadequately filling out MBP-4 forms related to contracts with related parties

CA Found Guilty of Professional Misconduct for Failing to Verify 96% Creditor Balance

July 31, 2024 1482 Views 0 comment Print

ICAI’s Disciplinary Committee ordered a one-month removal of CA. G. Selvaraj from membership due to professional misconduct related to auditing failures at M/s VJL Dairies LLP.

ICAI reprimands CA for not filing mandatory ADT-3 form post-resignation

July 31, 2024 663 Views 0 comment Print

ICAI reprimands CA Pawan Goel for not filing mandatory ADT-3 form post-resignation from Taproot Farms Pvt Ltd, citing procedural lapse.

CA Found Guilty of certifying e-Form SPICE without physically verifying registered offices

July 31, 2024 483 Views 0 comment Print

ICAI Disciplinary Committee orders removal from register and fine for CA Rahul Chillal due to negligence in verifying company incorporation documents and registered offices.

ICAI Fines CA for Misreporting in Amalgamation Audit

July 26, 2024 402 Views 0 comment Print

CA Bal Chandra Khaitan fined ₹5,000 by ICAI for errors in audit reporting on amalgamation reserves and failing to comply with accounting standards.

CCI dismisses Unfair Trade Practices Complaint against Indiabulls Housing Finance Ltd.

July 23, 2024 393 Views 0 comment Print

Explore the Competition Commission of India’s decision in Anil Bansal vs. Indiabulls Housing Finance Limited, focusing on allegations of unfair practices and market dominance.

CCI Dismisses Bid-Rigging & Price-Fixing Allegations Against Sugar Mills in Ethanol Market

July 23, 2024 564 Views 0 comment Print

Competition Commission of India dismissed allegations against sugar mills and associations for bid-rigging and price-fixing in the ethanol market, finding no evidence of contravention of the Competition Act.

NCLT Cannot Interfere with CoC’s Commercial Decisions: Indian Bank Case Analysis

July 20, 2024 663 Views 0 comment Print

NCLT case of Indian Bank vs. Nimitya Hotel & Resorts Pvt. Ltd., where court deliberates on CoC’s freedom to decide on settlement proposals under Section 12A of I&B Code.

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