https://www.taxtmi.com/caselaws?id=213216 Under the Chartered Accountants Act, 1949, a Council may direct that proceedings be filed or a complaint dismissed only where the member is found not guilty. If guilt is recorded for professional misconduct under the Second Schedule, the Council cannot exonerate the member by recommending closure of the matter; the statutory scheme requires the case to move to the next stage for appropriate consequence. The finding of guilt was upheld, but the matter had to be remitted for fresh consideration of punishment after giving the member an opportunity of being heard. en-us Thu, 16 Jun 2011 00:00:00 +0530 Mon, 14 May 2012 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213216 Under the Chartered Accountants Act, 1949, a Council may direct that proceedings be filed or a complaint dismissed only where the member is found not guilty. If guilt is recorded for professional misconduct under the Second Schedule, the Council cannot exonerate the member by recommending closure of the matter; the statutory scheme requires the case to move to the next stage for appropriate consequence. The finding of guilt was upheld, but the matter had to be remitted for fresh consideration of punishment after giving the member an opportunity of being heard. Case-Laws Indian Laws Thu, 16 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213216