TaxTMI 
TaxTMI 
2007 (5) TMI 696
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.... by substituted service through publication in the newspaper "STATESMAN" (New Delhi Edition). On 29th March, 2007 despite service by publication, Respondent No. 1 did not put in appearance. Accordingly, by an order dated 19th April, 2007, it was directed that Respondent No. 1 be proceeded against ex-parte. 3. Today also, there is no appearance on behalf of Respondent No. 1. 4. The following allegations were made against Respondent No. 1 by Ashok Kumar, Superintendent of Police, CBI. i) The Respondent No. 1 remained instrumental in getting a loan of Rs. 49.8 lakhs sanctioned from Union Bank of India, Zonal Office, New Delhi in 1989 in favor of M/s S.K. Trading Co. 9642/12, Sadar Thana Road, Delhi on the basis of forged document....
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....h was required to be looked into by the Disciplinary Committee of the Council. 7. The matter was taken up by the Disciplinary Committee of the Council and it submitted its report dated 16th January, 1999. A copy of the report of the Disciplinary Committee was supplied to the complainant as well as to Respondent No. 1. While the complainant did not give any written submissions on the report of the Disciplinary Committee, Respondent No. 1 gave his written submissions. 8. The representation of Respondent No. 1 was considered by the Council which came to the conclusion that he was guilty of "other misconduct" within the meaning of Section 22 read with Section 21(5) of the Chartered Accountants Act, 1949. On the basis of this conclus....