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Delhi HC empowers ICAI to hold CA firms accountable for misconduct

By Economic Times - 3 months ago
The Delhi High Court has declared that the Institute of Chartered Accountants of India's disciplinary body has the authority to take action for misconduct against both chartered accountant firms and individual chartered accountants. This decision is aimed at enhancing accountability and transparency within the profession. The court emphasized the necessity of strengthening disciplinary mechanisms and urged the swift notification of amendments to relevant acts.

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