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Power of NCLT to investigate and direct the ICAI to take action...

NCLT Cannot Direct ICAI Disciplinary Actions; Must Follow Companies Act Section 213 and Ensure Due Process.

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Companies Law December 7, 2022 Case Laws AT
Power of NCLT to investigate and direct the ICAI to take action against chartered accountant - no power exist with the Tribunal, to ask an Autonomous Professional Body (herein the Institute of Chartered Accountant of India) to take disciplinary action against its Member. - Tribunal ought to have taken into account the provision as contained in Section 213 of the Companies Act, 2013 and after following due process after hearing the company - AT

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Acts Income Tax