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ICAI Reprimands CA for Lapses in Form Certification

December 4, 2024 468 Views 0 comment Print

CA. Shikha Saini was reprimanded by the ICAI Disciplinary Committee for professional misconduct, including certifying company incorporation forms with missing documents.

CA Cleared of Charges Over Omission of EPS & Shareholder Details in Financial Statements

November 28, 2024 801 Views 0 comment Print

A Disciplinary Committee has found CA. Pallav Pradyumn Narang not guilty of professional misconduct, citing a lack of malicious intent behind technical omissions in financial statements.

ICAI Suspends CA Over Misreporting in NBFC Audit

November 26, 2024 465 Views 0 comment Print

The ICAI Disciplinary Committee has found CA Subhash Chandra Sharma guilty of professional misconduct and ordered a one-month removal from the register.

CA Cleared of Misconduct in PNB Loan Case

November 26, 2024 960 Views 0 comment Print

A Disciplinary Committee has found a chartered accountant not guilty of misconduct, concluding that documents he certified were not used in a fraudulent PNB loan application.

CA Reprimanded by ICAI for failure to disclose related-party transactions

November 19, 2024 585 Views 0 comment Print

ICAI’s Disciplinary Committee found CA. Sanjay Mehra guilty of professional misconduct for failing to disclose related-party transactions, leading to a reprimand.

ICAI Reprimands CA for Incorrect Certification in Company Incorporation

November 12, 2024 678 Views 0 comment Print

The ICAI Disciplinary Committee has reprimanded CA Bhuwan Chand Sharma for professional misconduct related to certifying a company’s registered office without due diligence.

Fake Directors, Bogus Loans, But No Fault of Auditor: ICAI

November 4, 2024 1164 Views 0 comment Print

A Disciplinary Committee absolved CA. Tejinder Prakash of professional misconduct charges, finding no negligence in his audit of M/s. Shri Shyam Enterprises LLP. The case is closed.

ICAI Clears CA in Audit of Struck-Off Company Loan

October 16, 2024 495 Views 0 comment Print

Disciplinary Committee clears CA. Ravinder Kumar in audit misconduct case regarding loan disclosure from a struck-off company, citing timely compliance and situational factors.

ICAI Reprimands CA for Signing Financial Statements Without Director Approval

October 16, 2024 1302 Views 0 comment Print

The ICAI Disciplinary Committee reprimands CA Nishant Gupta for signing financial statements not approved by the company’s directors, violating Section 134 of the Companies Act.

ICAI Reprimands CA for Lack of Due Diligence

October 16, 2024 462 Views 0 comment Print

The ICAI Disciplinary Committee has reprimanded a CA for professional misconduct, finding he failed to exercise due diligence when certifying company forms.

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