Supreme Court: Chartered Accountants charged with indulging in ‘malpractice’ activities while holding valid practice certificates would be liable for punishment

Search News

A division bench of Justices RK Agrawal and  AM Sapre of the apex court observe that chartered accountants accused of malpractice while holding valid practice certificates issued by the Institute of Chartered Accountants of India, would be penalized if found accountable.

The court while dismissing an appeal filed by the Council Of the Institute of Chartered Accountants of India against the 2007 judgment of the High Court at Madhya Pradesh, ruling that on relinquishment of the membership of the chartered accountants institute & the practice certificate would make the accountant punishment free. The court while rejecting the appeal observed that “It is made clear that the dismissal of this appeal shall not be treated as a precedent,”.

Find Lawyer / Law Firm


Legel News 2017

Legel News 2016

Legel News 2015

Legel News 2012

Legel News 2010

Legel News 2009

Legel News 2008

Legel News 2007

Legel News 2004

Decriminalization of Section 377: Reality or Facade?

The Supreme Court’s judgment to decriminalize Section 377 of Indian Penal Code (IPC) on 6th September 2019 was embarkation of a more egalitarian society. The verdict equipped members of LGBTQ commun More

Legal Consultation - Consult over phone, chat or send questions

Helplinelaw can set up your session with quality and experienced lawyers to discuss and resolve your legal matters. You can avail consultation in form of sending questions, phone call or webchat discussion  More