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Serious Allegations of Misappropriation of Company Funds, Misuse of Banking Credentials and Forged Filings Not Proved for Want of Conclusive Evidence: ICAI Board of Discipline Closes Case – V. Ravikumar vs. CA Narendra Reddy Velugoti
Facts of the
CaseA complaint was filed by Shri V. Ravikumar,
Director of Delfresh Foods India Pvt. Ltd., alleging professional
misconduct against CA Narendra Reddy Velugoti. The complainant and one Ms.
Shereena K. S....
CA Reprimanded and Penalised for Use of Derogatory and Abusive Language Against Professional Colleagues: ICAI Board of Discipline – Aditya Agarwal vs. CA Seema Mehta
Facts of the
CaseA complaint was filed by CA Aditya Agarwal, Partner
of M/s Agarwal & Rampal, against CA Seema Mehta, who was employed as
Manager (Audit & Taxation) with the complainant firm since April 2012. ...
Allegations of Inflated TA/DA Claims and Obstruction of Audit Work Not Proved Against Branch Auditor: ICAI Board of Discipline Closes Case – G. S. Bisht vs. CA L. C. Gupta
Facts of the CaseA complaint was filed by Shri G. S. Bisht, DGM,
Bharat Sanchar Nigam Limited (BSNL), alleging professional misconduct against
CA L. C. Gupta and his firm, M/s L. C. Kailash & Associates. The Respon...
Incoming Statutory Auditor Held Guilty for Accepting Audit After AGM Without Valid Appointment by Board Within Prescribed Time: ICAI Board of Discipline – Nishant Maitin vs. CA Ashish Anand Pathak
Facts of the CaseA complaint was filed by CA Nishant Maitin,
Patna, against CA Ashish Anand Pathak, Partner of M/s A.A. Pathak &
Co., alleging professional misconduct in relation to statutory audit of M/s
SRL Hosp...
Incoming GST Auditor Penalised for Accepting Audit Without Prior Written Communication With Previous Auditor: ICAI Board of Discipline Imposes Monetary Penalty – Mahesh Kumar Vasantlal Dave vs. CA Shankar Choudhary
Facts of the CaseA complaint was filed by CA Mahesh Kumar Vasantlal
Dave, Mumbai, against CA Shankar Choudhary, Navi Mumbai. The complainant’s
firm was the immediate previous GST Auditor of M/s VEMB Lifestyle
Privat...
Chartered Accountant Held Guilty of Other Misconduct for Breach of Employment Contract and Joining Another Employment Without Notice: CA Brij Mohan Barwal vs. CA Durgesh Kumar Mishra (ICAI Board of Discipline)
Facts
of the CaseThe
complainant, CA Brij Mohan Barwal, proprietor of M/s Barwal & Associates,
appointed the respondent, CA Durgesh Kumar Mishra, as an employee on
29.04.2019. Prior to proceeding on leave for mar...
Chartered Accountant Held Guilty of Professional and Other Misconduct for Central Excise Evasion and Acting as Managing Director without ICAI Approval: In Re CA Ashwani Kumar Dewan (ICAI Board of Discipline)
Facts
of the CaseThe
matter arose from information received by the Directorate pursuant to a
newspaper report published in the Times of India, New Delhi dated 03.12.2016
alleging that CA Ashwani Kumar Dewan was invol...
Chartered Accountant Penalised for Holding Full-Time Certificate of Practice While Working as CFO in Government Organisation: CA Kumar Hari Ji vs. CA Ranjit Kumar (ICAI Disciplinary Order)
Facts of the CaseThe
disciplinary proceedings arose on a complaint filed by CA Kumar Hari Ji (M. No.
057882), Patna, against CA Ranjit Kumar (M. No. 405529). The respondent had
been holding a Full-Time Certificate of ...
CA Reprimanded for Other Misconduct Involving Breach of Partnership Obligations and Damage to Firm’s Reputation: ICAI Board of Discipline – CA Jaleshwar Singh vs. CA Jayesh Vasantlal Shah
Facts of the CaseA complaint was filed by CA Jaleshwar Singh, Managing Partner of M/s J
Singh & Associates, against CA Jayesh Vasantlal Shah, who was a partner in
the said firm. The dispute arose out of the Respond...
Chartered Accountant Held Guilty for Accepting Audit Assignment Despite Objection of Outgoing Auditor and Issuing Report Without Due Regard to Ethical Safeguards: CA Ashok Kumar Somani vs. CA Nilesh Jain (ICAI Board of Discipline)
Facts of the CaseThe complainant,
CA Ashok Kumar Somani, was appointed as Statutory Auditor/Tax Auditor of M/s
Sanwaliya Tractor Agency, M/s Sanwaliya Filling Station and M/s Sanwaliya
Motors Private Limited for Finan...