A Disciplinary Committee has found a chartered accountant not guilty of misconduct, concluding that documents he certified were not used in a fraudulent PNB loan application.
IBBI cancels Amit Gupta’s registration for regulatory violations during liquidation processes, including excess fees and improper practices.
ICAI reprimands CA Pawan Jain for professional misconduct in audit reports for FY 2016–17 and 2017–18, imposes ₹50,000 fine.
ICAI reprimands CA Dinesh Patidar for audit lapses in FY 2012–14; fined ₹50,000 for professional and other misconduct under the Chartered Accountants Act.
The ICAI Disciplinary Committee found CA. Shrikant Yadav not guilty of misconduct, ruling that he exercised due diligence in certifying a company form.
This summary details the disciplinary case against CA Mala Todarwal concerning the certification of Form AOC-4 for M/s. Chang Chun Chemical India Pvt. Ltd. The committee’s findings are based on a procedural error involving unsigned financial statements.
Regional Director, Eastern Region, reduces penalty for Section 158 DIN violations to ₹2.25 lakh in the MPS Distributors Pvt. Ltd. case. Appeal details inside.
A CA was found not guilty of professional misconduct by a disciplinary committee. The case involved the non-attachment of Form AOC-1 to e-Form AOC-4, a requirement for companies with foreign subsidiaries. The CA was cleared after it was determined the client only had an Indian subsidiary.
Kalpakkam Nidhi Ltd fined Rs. 20,000 for non-compliance with Rule 14(6) of Companies Act. IT order mandates payment within 90 days, with appeal options available.
IBBI issues a disciplinary order against Praveen Kumar Agrawal, an Insolvency Professional, for failing to act in homebuyers’ interest during CIRP.
