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    <title>2023 (10) TMI 1101 - BOMBAY HIGH COURT</title>
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    <description>A chartered accountant who issued certificates supporting loan facilities without adequate verification, supporting documents or reliable working papers was found to have acted negligently and unprofessionally, amounting to professional misconduct under the disciplinary framework. The Court noted that his inability to substantiate the valuations and his own admission before the Committee reinforced the finding of misconduct. No procedural irregularity was found in the inquiry, Council reconsideration or final action, and the recommendation to reprimand him was accepted.</description>
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      <description>A chartered accountant who issued certificates supporting loan facilities without adequate verification, supporting documents or reliable working papers was found to have acted negligently and unprofessionally, amounting to professional misconduct under the disciplinary framework. The Court noted that his inability to substantiate the valuations and his own admission before the Committee reinforced the finding of misconduct. No procedural irregularity was found in the inquiry, Council reconsideration or final action, and the recommendation to reprimand him was accepted.</description>
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