https://www.taxtmi.com/caselaws?id=332396 A chartered accountant was found guilty of professional misconduct where he accepted advance fee to arrange financing but failed to show any effective steps to secure funds or the diligence expected before undertaking the assignment. The disciplinary findings were upheld because the record indicated he knew the funds were meant for the company's benefit, yet he did not seek necessary documents or demonstrate proper professional care. His conduct was treated as dishonest and blameworthy, and suspension from the Register of Members for one year was imposed. en-us Mon, 08 Aug 2016 00:00:00 +0530 Fri, 16 Sep 2016 11:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332396 A chartered accountant was found guilty of professional misconduct where he accepted advance fee to arrange financing but failed to show any effective steps to secure funds or the diligence expected before undertaking the assignment. The disciplinary findings were upheld because the record indicated he knew the funds were meant for the company's benefit, yet he did not seek necessary documents or demonstrate proper professional care. His conduct was treated as dishonest and blameworthy, and suspension from the Register of Members for one year was imposed. Case-Laws Indian Laws Mon, 08 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332396