No Professional misconduct if auditor not obtains NOC from auditor prior to existing auditor

Ssay & Associates Vs ICAI (Delhi High Court)

Conclusion: Since the accounts filed with the Registrar of Companies for the years 2006-07 to 2008-09, that is, for the three years prior to the period for which KNA was appointed, had been audited by M/s Manu Sharma and Co. and therefore, there was no necessity for KNA to correspond with assessee-firm, since assessee-firm was not the previous auditor of TIL, therefore, KNA or its constituent partner was not guilty of professional misconduct on account of not

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