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Companies Law - Highlights / Catch Notes

Home Highlights July 2022 Year 2022 This

Seeking grant of regular bail - Applicant is a Chartered ...


Chartered Accountant Seeks Bail for Alleged Failure to Verify Stock; Argues for Equal Treatment Under Similar Circumstances.

July 9, 2022

Case Laws     Companies Law     HC

Seeking grant of regular bail - Applicant is a Chartered Accountant and one of the partners at ASRN & Associates - failure to perform his duty independently and diligently by not verifying the stock in transit - Since the ex-promoters/directors and similarly situated chartered accountants have been granted bail, there is no reason why the Applicant should be treated any differently. - HC

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