https://www.taxtmi.com/caselaws?id=97413 Disciplinary proceedings under the Chartered Accountants Act, 1949 were held capable of reaching pre-Act conduct where the statutory scheme showed a public-protection purpose and contemplated removal for misconduct discovered after commencement. On the misconduct charge, omission of selling commission from published accounts was treated as material because it distorted the trading position, but the specific charges under the Schedule failed since gross negligence was not alleged and deliberate concealment had been withdrawn; imprudence alone was insufficient. The reference therefore failed and no disciplinary order was made. en-us Thu, 19 Apr 1956 00:00:00 +0530 Mon, 16 Jan 2012 15:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97413 Disciplinary proceedings under the Chartered Accountants Act, 1949 were held capable of reaching pre-Act conduct where the statutory scheme showed a public-protection purpose and contemplated removal for misconduct discovered after commencement. On the misconduct charge, omission of selling commission from published accounts was treated as material because it distorted the trading position, but the specific charges under the Schedule failed since gross negligence was not alleged and deliberate concealment had been withdrawn; imprudence alone was insufficient. The reference therefore failed and no disciplinary order was made. Case-Laws Companies Law Thu, 19 Apr 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97413