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Adjudication of correctness of CA’s report by Disciplinary committee of ICAI, no need once the report passed judicial scrutiny

Case Law Details

Case Name
Wholesale Trading Services P Ltd Vs The Institute of Chartered Accountants of India (Delhi High Court)
Date of Judgement/Order
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Wholesale Trading Services P Ltd Vs The Institute of Chartered Accountants of India (Delhi High Court) Facts- Appellant filed a complaint before the ICAI against Respondent No.3, who being a Chartered Accountant was appointed by the Karnataka HC, for the purpose of verification of the books and papers of three Transferor Companies, pending the Scheme of Amalgamation with the fourth Company. Report was rendered by Respondent No.3 and was placed before the Karnataka HC. It was considered by the Court and thereafter, the Scheme of Amalgamation was sanctioned vide order dated 26.03.2015. Complaint...
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