https://www.taxtmi.com/caselaws?id=351610 A chartered accountant's active role in arranging finance, procuring stock invests after closure of a public issue, and facilitating ante-dated instruments was treated as misconduct because the evidence showed connivance with the promoter rather than detached professional conduct. The conduct was found to amount to "other misconduct" under the Chartered Accountants Act, 1949, since it enabled irregular share allotments detrimental to the investing public. The disciplinary recommendation was upheld, and suspension from membership for one year with costs was directed. en-us Fri, 24 Nov 2017 00:00:00 +0530 Sun, 26 Nov 2017 20:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351610 A chartered accountant's active role in arranging finance, procuring stock invests after closure of a public issue, and facilitating ante-dated instruments was treated as misconduct because the evidence showed connivance with the promoter rather than detached professional conduct. The conduct was found to amount to "other misconduct" under the Chartered Accountants Act, 1949, since it enabled irregular share allotments detrimental to the investing public. The disciplinary recommendation was upheld, and suspension from membership for one year with costs was directed. Case-Laws Indian Laws Fri, 24 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351610