https://www.taxtmi.com/caselaws?id=448062 NFRA found CA committed professional misconduct by failing to submit audit files and related documentation and not responding to show cause notice under Section 132(4) of Companies Act, 2013. The authority established gross negligence in professional duties and non-compliance with NFRA requests under Chartered Accountants Act, 1949. NFRA imposed Rs 20 lakh penalty and 10-year debarment from audit appointments for the CA and audit firm. Order effective after 30 days from issuance. en-us Fri, 05 Jan 2024 00:00:00 +0530 Thu, 11 Jan 2024 09:21:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448062 NFRA found CA committed professional misconduct by failing to submit audit files and related documentation and not responding to show cause notice under Section 132(4) of Companies Act, 2013. The authority established gross negligence in professional duties and non-compliance with NFRA requests under Chartered Accountants Act, 1949. NFRA imposed Rs 20 lakh penalty and 10-year debarment from audit appointments for the CA and audit firm. Order effective after 30 days from issuance. Case-Laws Companies Law Fri, 05 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448062