https://www.taxtmi.com/caselaws?id=338031 The court interpreted the transitional provision under Section 21D of the Chartered Accountants Act, 1949, distinguishing between pending cases and fresh complaints. It held that cases pending before the Council should continue under the unamended Act. In the specific case, the court applied the unamended Act to proceedings initiated before the 2006 amendment. The court dropped disciplinary proceedings against the respondent, finding the proposed penalty disproportionate, emphasizing the need for proportionality and caution in such matters. en-us Thu, 19 Jan 2017 00:00:00 +0530 Tue, 24 Jan 2017 08:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338031 The court interpreted the transitional provision under Section 21D of the Chartered Accountants Act, 1949, distinguishing between pending cases and fresh complaints. It held that cases pending before the Council should continue under the unamended Act. In the specific case, the court applied the unamended Act to proceedings initiated before the 2006 amendment. The court dropped disciplinary proceedings against the respondent, finding the proposed penalty disproportionate, emphasizing the need for proportionality and caution in such matters. Case-Laws Indian Laws Thu, 19 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338031