ICAI can proceed against entire CA firm if individual CA cannot be held responsible: Delhi High Court

The profession of Chartered Accountancy forms an important and critical part of the economy of a country, the Court said while stressing on the need to enhance the accountability and transparency of their firms.
Institute of Chartered Accountants of India, Delhi HC
Institute of Chartered Accountants of India, Delhi HC

The Delhi High Court recently ruled that the Disciplinary Committee (DC) of Institute of Chartered Accountants of India (ICAI) can proceed against a firm of Chartered Accounts (CAs) in case one individual cannot be held responsible for the allegations raised in a complaint against the firm [Harinderjit Singh vs Disciplinary Committee Bench III The Institute of Chartered Accountants of India & Anr].

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