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2011 (6) TMI 654 - HC - Indian LawsMisconduct - Respondent undertook the audit of M/s. Sunbeam Trading Company (P.) Ltd. for the period ended 31-3-1989 with the full knowledge that his partner Shri K.C. Lunawat is a director in the said Company and as per section 226(3)(c) of the Companies Act, 1956 he being a partner/of an officer [which includes a Director under section 2(30) of said Act] was not qualified for appointment as auditor of the said Company - prima facie of the opinion that the respondent was guilty of professional and other misconduct and thus, decided to refer the matter to the Disciplinary Committee for enquiry. matter remanded back to the Council for considering the case of punishment after giving the member an opportunity of being heard in the light of the misconduct committed by him
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