https://www.taxtmi.com/caselaws?id=237952 Professional misconduct in disciplinary proceedings of a penal character cannot be sustained on a bare complaint without supporting evidence. Where the complainant has settled the dispute, declined to press the complaint, and no witnesses or proof are led to establish the alleged failure to report non-compliance with accounting standards and company-law requirements, the charge fails for want of material evidence. The High Court therefore held that the finding of misconduct and the proposed disciplinary consequence were unsustainable, rejected the reference, and directed the proceedings to be filed. en-us Wed, 17 Jul 2013 00:00:00 +0530 Sat, 12 Oct 2013 06:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237952 Professional misconduct in disciplinary proceedings of a penal character cannot be sustained on a bare complaint without supporting evidence. Where the complainant has settled the dispute, declined to press the complaint, and no witnesses or proof are led to establish the alleged failure to report non-compliance with accounting standards and company-law requirements, the charge fails for want of material evidence. The High Court therefore held that the finding of misconduct and the proposed disciplinary consequence were unsustainable, rejected the reference, and directed the proceedings to be filed. Case-Laws Companies Law Wed, 17 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237952