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Uploading of judicial orders related to insolvency proceedings by Insolvency Professionals

May 9, 2024 852 Views 0 comment Print

Stay updated with IBBI’s latest directive for Insolvency Professionals (IPs) to upload judicial orders related to insolvency proceedings on their dashboard. Learn more.

Professional Misconduct: CA Deviates from Assignment Requirements, Causing Loss

May 9, 2024 1488 Views 0 comment Print

CA Solanki failed to work in line with the requirements of the assignment and deliberately adopted a different methodology, causing loss to the complainant. Consequently, the Committee determined that Solanki’s actions constituted professional and other misconduct.

Certification of e-Form of disqualified directors: ICAI imposes penalty on CA

May 9, 2024 2346 Views 0 comment Print

Delve into the disciplinary action against CA Sushil Suresh Bajaj by the Institute of Chartered Accountants of India. Analysis, verdict, and implications discussed.

Company Fails to Maintain Required Registers at Registered Office: MCA Imposes Penalty

May 9, 2024 1308 Views 0 comment Print

Subam Benefit Fund Nidhi Ltd fined ₹3.5 lakh for failing to maintain member registers as per Section 88 of the Companies Act, 2013.

MCA Imposes Penalty for not filing MGT-14 for Financial Statement Approval & Director Appointment

May 9, 2024 810 Views 0 comment Print

Subam Benefit Fund Nidhi Ltd faces penalties for non-compliance with Section 117 of the Companies Act, 2013, for FYs 2017-18 and 2018-19.

ICAI Penalizes/Suspends CA for Accounting Standards & Reporting Non-compliances

May 9, 2024 1836 Views 0 comment Print

Committee concluded that there were indeed non-compliances in the financial statements audited by Pachkhede, relating to various accounting standards and reporting requirements. These errors were considered to constitute professional misconduct as per the Committee’s Findings dated February 7, 2024.

Deficiencies in audit work: ICAI imposes Penalty on CA

May 9, 2024 2394 Views 0 comment Print

Disciplinary Committee found CA. Keshav Vishwanath Chaubey guilty of professional misconduct for various deficiencies in his audit work. Despite the respondent’s personal difficulties, the Committee determined that his actions constituted a breach of professional standards and warranted disciplinary action.

Signing of financial statements on a back date: ICAI reprimanded CA

May 9, 2024 1818 Views 0 comment Print

The case centers on Pednekar’s signing of financial statements on a back date, which is deemed as negligent conduct and a breach of professional standards.

Failure to verify maintenance of cost records: ICAI imposes penalty on CA

May 9, 2024 3147 Views 0 comment Print

Dive into the detailed order by the Disciplinary Committee of the Institute of Chartered Accountants of India against CA. Sachin Rajnikant Parekh for professional misconduct.

Non-reporting of SARFAESI action against client in audit report: ICAI warns CA

May 9, 2024 1197 Views 0 comment Print

Explore the detailed order by the Disciplinary Committee of the Institute of Chartered Accountants of India against Ravish Shashikant Maniyar for professional misconduct.

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