https://www.taxtmi.com/caselaws?id=174138 The court held that the second audit report, which found the petitioners guilty of misappropriation, was quashed. The first audit report, approved by the general body, was deemed binding, and subsequent audits were based on it. The Registrar's proceedings against the petitioners were initiated relying on both reports. The court directed the matter to proceed according to the first audit report, without considering the second report, clarifying that actions under relevant sections of the Act would not be affected. The writ petition was disposed of without costs. en-us Tue, 16 Jun 1998 00:00:00 +0530 Wed, 30 Sep 2015 16:39:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174138 The court held that the second audit report, which found the petitioners guilty of misappropriation, was quashed. The first audit report, approved by the general body, was deemed binding, and subsequent audits were based on it. The Registrar's proceedings against the petitioners were initiated relying on both reports. The court directed the matter to proceed according to the first audit report, without considering the second report, clarifying that actions under relevant sections of the Act would not be affected. The writ petition was disposed of without costs. Case-Laws Indian Laws Tue, 16 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174138