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Indian Laws - Highlights / Catch Notes

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Professional Misconduct on the part of Chartered Accountant (CA) ...


Chartered Accountant Reprimanded for Misconduct in Issuing False Valuation Documents for Bank Credit Facilities, ICAI Decision Upheld by Court.

October 26, 2023

Case Laws     Indian Laws     HC

Professional Misconduct on the part of Chartered Accountant (CA) - allegation of assisting various companies in availing credit facilities of huge amounts from various banks by issuing false documents certifying valuation of work undertaken and completed by the accused companies - Punishment of reprimand as recommended by the ICAI accepted. - HC

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