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Companies Law - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Professional misconduct on the part of CA/ auditor who is the ...


Chartered Accountant Faces Legal Action for Issuing False Audit Certificate, Must Refund Fee u/s 447.

March 7, 2019

Case Laws     Companies Law     Tri

Professional misconduct on the part of CA/ auditor who is the member of ICAI - It is clear that the CA(R-1) colluded with the Director of R-2 company and has given a false Audit certificate relating to the Profit & Loss Account and Balance Sheet of the R-2 company, without even examining and verifying the books of account - R-1 directed to refund the fee and liable for action u/s 447.

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