Chartered Accountants Association Vs Reserve Bank of India (Delhi High Court)

1.  Chartered Accountants Association filed writ against Indian Bank  for not allotting Statutory Audit for Financial Year 2020-21 to erstwhile Allahabad bank auditors. RBI is been made respondent to the writ.

2. It is requested to To quash the appointment of auditors for financial year 2020-21.

3. To redo the entire process of audit considering the continuing auditors

RELEVANT PART OF THE WRIT IS AS FOLLOWS:-

Will you kindly treat the accompanying Writ as an urgent one in accordance with the High Court Rules and Orders. The Grounds of urgency are :-

1. Urgent directions to Respondent No 1 (Reserve Bank of India) to share the correct list of continuing auditors with respondent No 2 (Indian Bank through Chairman) for allotment of Bank Branch audits to the continuing auditors.

2. Urgent direction to Respondent No 1 (Reserve Bank of India) to quash the appoinments already done for the FY 2020-21.

3. Urgent direction to, Respondent No. 2 (i.e Indian Bank through Chairman) to redo the entire process of allotment considering the continuing auditors.

Download Copy of Writ

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