CA, CS, CMA : Ethical conduct is the core of professional credibility in accountancy, directly influencing career prospects, client trust, and r...
Corporate Law : Core principles of professionalism (integrity, objectivity, independence) for CAs and bankers, enforced by ICAI, Companies Act, an...
CA, CS, CMA : A summary of the First Schedule of the Chartered Accountants Act, 1949, detailing professional misconduct, recent amendments, and ...
CA, CS, CMA : Explore the ICAI Code of Ethics—its structure, key rules, and disciplinary process ensuring ethical conduct by Chartered Account...
CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...
CA, CS, CMA : ICAI’s Code of Ethics amendments now allow advertising, website promotion, and enhanced visibility, enabling domestic CA firms t...
CA, CS, CMA : ICAI's Ethical Standards Board issued an Exposure Draft for the 13th Code of Ethics, proposing revisions to the current standards....
CA, CS, CMA : ICMAI issues revised Code of Ethics for CMAs, effective June 1, 2025, including independence standards for audit and assurance eng...
Company Law : NFRA's 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas....
Company Law : NFRA's 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures....
CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...
CA, CS, CMA : Appellant had approached this Court by way of the present intra Court appeal. It was held that BoD had failed to accord any reaso...
CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...
CA, CS, CMA : Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn't found. Full j...
CA, CS, CMA : Naresh Chandra Agrawal Vs Institute of Chartered Accountants of India And Others (Supreme Court of India) In a landmark judgment, ...
CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...
CA, CS, CMA : The issue concerns disciplinary action for professional misconduct. The ruling enforces removal from membership and bars practice ...
CA, CS, CMA : Statements recorded under Section 161 Cr.P.C. were held insufficient without corroborative evidence. The Board stressed admissibil...
CA, CS, CMA : The case involved alleged facilitation of tax evasion through fake political donations. The Board held that failure to timely retr...
CA, CS, CMA : The case involved a professional admitting involvement in a scheme facilitating fake donations for tax benefits. The Board relied ...
NFRA’s 2023 inspection of SRBC & Co. LLP highlights audit quality issues, independence concerns, and compliance with auditing standards and ethical requirements.
Appellant had approached this Court by way of the present intra Court appeal. It was held that BoD had failed to accord any reason as to how the mere act of dishonor of cheques issued by assessee would amount to misconduct.
ICAI Disciplinary Committee finds CA not guilty in INC-22A certification case, citing due diligence and lack of evidence of misconduct.
A Disciplinary Committee exonerated CA B.L.N. Phani Kumar, finding him not guilty of professional misconduct related to his auditing duties for seven companies. The case, brought by the RBI, alleged the companies were operating as Non-Banking Financial Institutions without proper registration. The committee found that the companies had not accepted public deposits, and therefore, the auditor had no obligation to submit special reports to the RBI. The RBI also did not take action against the companies. The committee’s final decision was to close the case.
The Disciplinary Committee of the ICAI has cleared CA Vivek Kalani of professional misconduct charges. The case centered on allegations of certifying a false registered office address for a company, but the committee found that Kalani had conducted due diligence. The committee’s ruling was based on the evidence presented and the lack of a proper inspection report from the complainant, leading to a decision to close the case.
The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evidence and inconsistencies in accusations.
ICAI Board of Discipline finds CA not guilty in a dispute over a No Objection Certificate for a new auditor appointment, citing complainant’s lack of standing.
ICAI Board of Discipline finds CA Hari Sethumadhavan Nair not guilty in case related to Swan Telecom funding and UAS licenses, citing lack of evidence.
ICAI Board acquits CA Gautam Doshi, citing lack of evidence and judicial precedents from the 2G spectrum case. Detailed findings and observations included.
The Committee found professional misconduct related to international firm affiliation but imposed a lenient reprimand due to mitigating factors.
