BoD’s Failure to Justify Dishonor of Cheques as Misconduct Leads to Remand for Reconsideration: Delhi HC

M Joseph Louis Aloysius Vs institute of chartered accountants of India (Delhi High Court)

Dishonor of Cheques by Chartered Accountant amounted to “Other Misconduct was remanded back for reconsideration”: Delhi HC

Conclusion: Board of Discipline (BoD) under Section 21A of the Chartered Accountants Act, 1949 had failed to accord any reason as to how the mere act of dishonor of cheques issued by assessee would amount to misconduct, therefore, the matter was remanded back to the Appellate Authority for reconsideration of his appeal on merits.

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