Cancellation of Certificate of Incorporation - The Chartered ...
R 1 Company's Incorporation Void Due to Accountant's Misconduct Under Companies Act; Criminal Liability Possible for Respondents.
April 15, 2020
Case Laws Companies Law Tri
Cancellation of Certificate of Incorporation - The Chartered Accountant (ACA) failed to fulfil his statutory professional duties in following the extant provisions of the Companies Act, in incorporating the R 1 Company. He has given false declaration that the petitioner has signed the requisite documents in question before him. Therefore, the incorporation of R 1 Company ab initio void as per the said proviso, apart from criminally liable for action against the Second and third Respondent
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