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ICAI Disciplinary Committee Rules CA's Report Under Karnataka High Court's Authority; No Errors Found in Decision.
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....Disciplinary proceedings against Chartered Accountant (CA) - Initiation of parallel proceedings - the Committee viewed that the appointment of the Respondent was made under the Orders of the Hon’ble High Court of Karnataka and that the reports prepared by him were placed before and considered by the Hon’ble High Court of Karnataka. Accordingly, the Committee was of the view that the said report of the auditor was the property of the Hon’ble High Court of Karnataka which alone could pass any order on the same. - I find no infirmity in the view taken by the Disciplinary Committee of the ICAI - HC....