The deadline for completing mandatory CPE hours for 2025 has been extended by three months. Members get additional time to comply without triggering non-compliance consequences.
Draft governance amendments mandate a three-year cooling-off period after 10 years of continuous directorship to curb tenure circumvention and strengthen board independence.
The Supreme Court ruled that departmental proceedings initiated after superannuation were invalid due to absence of an enabling provision in service regulations. The key takeaway is that disciplinary jurisdiction ends at retirement unless expressly preserved by law.
The Supreme Court held that failure to issue a Section 21 notice does not invalidate arbitration where parties intended to arbitrate all disputes. The ruling clarifies that Section 21 is procedural, not jurisdictional.
Patna High Court held that judgement of conviction of Tax Assistant for accepting bribe to process income tax refund and order of sentence is justified and legal since the prosecution has proved all core points of prosecution story.
The Supreme Court held that criminal prosecution for bribery can continue where departmental exoneration was based on procedural gaps. The key takeaway is that only a merits-based exoneration destroying the offence can bar prosecution.
The Supreme Court ruled that withholding mark sheets and degree for a clerical mismatch is unjustified. Universities must correct their errors without harming students’ careers.
NFRA held that weak, undocumented communication between auditors and governance bodies violates auditing standards and governance duties, requiring structured two-way engagement.
The Bar Council of India has officially confirmed that the IGNOU-ICAI B.Com (Accountancy & Finance) degree meets all eligibility criteria for the 3-year LL.B. course. This ruling clarifies that distance degrees are valid for law admissions provided the candidate has completed a regular 10+2 qualification first.
The ICAI has simplified age calculations for CPE compliance by allowing members to move into a lower-hour bracket in the same year they reach a milestone age. This guide details the 40, 30, 20, and 10-hour slabs based on the latest 2026 professional standards.
