Chartered Accountant Reprimanded for Misconduct in Issuing False Valuation Documents for Bank Credit Facilities, ICAI Decision Upheld by Court.

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....Professional Misconduct on the part of Chartered Accountant (CA) - allegation of assisting various companies in availing credit facilities of huge amounts from various banks by issuing false documents certifying valuation of work undertaken and completed by the accused companies - Punishment of reprimand as recommended by the ICAI accepted. - HC....