https://www.taxtmi.com/caselaws?id=755531 Disciplinary provisions under the Chartered Accountants Act, 1949 and the 2007 Rules were read to permit action against a chartered accountant firm where the allegations are firm-centric and extend beyond a single disclosed member. Sections 21, 21A and 21B, together with Rule 8, were construed purposively to allow notice to the firm and to treat the firm as answerable where responsibility is not confined to one nominated individual. A narrow reading that would let firms avoid proceedings merely by identifying one member was rejected as defeating the regulatory scheme. The writ petitions failed, the disciplinary proceedings were held maintainable, and the firms and concerned members were directed to participate in the enquiry. en-us Wed, 03 Jul 2024 00:00:00 +0530 Mon, 15 Jul 2024 08:14:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755531 Disciplinary provisions under the Chartered Accountants Act, 1949 and the 2007 Rules were read to permit action against a chartered accountant firm where the allegations are firm-centric and extend beyond a single disclosed member. Sections 21, 21A and 21B, together with Rule 8, were construed purposively to allow notice to the firm and to treat the firm as answerable where responsibility is not confined to one nominated individual. A narrow reading that would let firms avoid proceedings merely by identifying one member was rejected as defeating the regulatory scheme. The writ petitions failed, the disciplinary proceedings were held maintainable, and the firms and concerned members were directed to participate in the enquiry. Case-Laws Indian Laws Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755531