https://www.taxtmi.com/caselaws?id=427667 Rule 12 of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007 does not impose an absolute seven-year limitation on complaints. Its operation is discretionary and depends on the Director's satisfaction that delay has caused evidentiary difficulty, defence prejudice, or procedural inconvenience. A rejection under the rule must therefore be based on reasoned consideration of those circumstances. The summary dismissal of the preliminary objection without examining prejudice or recording reasons was unsustainable and was set aside. en-us Thu, 01 Sep 2022 00:00:00 +0530 Thu, 15 Sep 2022 07:48:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427667 Rule 12 of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007 does not impose an absolute seven-year limitation on complaints. Its operation is discretionary and depends on the Director's satisfaction that delay has caused evidentiary difficulty, defence prejudice, or procedural inconvenience. A rejection under the rule must therefore be based on reasoned consideration of those circumstances. The summary dismissal of the preliminary objection without examining prejudice or recording reasons was unsustainable and was set aside. Case-Laws Indian Laws Thu, 01 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427667