ICAI not bound to take disciplinary action against its member merely because of receipt of reminder from SFIO

Vijay Kumar Gupta Vs Director (Discipline), ICAI (Delhi High Court) 1. Petitioner is a Chartered Accountant against whom information within the meaning of Rule 7 of the Chartered Accountants (Procedure of Investigation of Professional and other Misconduct and Conduct of Cases) Rules, 2007 was provided by Serious Fraud Investigation Office (hereinafter referred to as SFIO) vide its Communication of 27th April, 2016 (Annexure- C), which was followed by a Reminder of 27th February, 2017 (Annexure- D) by SFIO to respondent calling upon the Disciplinary Committee of respondent to take timely acti...