https://www.taxtmi.com/caselaws?id=168246 The Supreme Court of India construed the disciplinary scheme under the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988 to hold that the Council retains ultimate supervisory control. The Disciplinary Committee acts as a fact-finding body and its report only assists the Council's independent assessment. Read harmoniously with Regulation 16, Section 21 allows the Council to examine the inquiry record, the member's representation and the report, and to direct further enquiry where a no-guilt report does not adequately address the material. A construction making the Committee's exoneration final would defeat the Council's disciplinary power. en-us Fri, 11 Jul 1997 00:00:00 +0530 Mon, 13 Oct 2025 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168246 The Supreme Court of India construed the disciplinary scheme under the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988 to hold that the Council retains ultimate supervisory control. The Disciplinary Committee acts as a fact-finding body and its report only assists the Council's independent assessment. Read harmoniously with Regulation 16, Section 21 allows the Council to examine the inquiry record, the member's representation and the report, and to direct further enquiry where a no-guilt report does not adequately address the material. A construction making the Committee's exoneration final would defeat the Council's disciplinary power. Case-Laws Indian Laws Fri, 11 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168246