ICAI can act against convicted CA: Delhi HC
23.01.2022
New Delhi: Delhi High Court on Friday refused to stop proceedings initiated by the Institute of Chartered Accountants of India (ICAI) against a qualified chartered accountant (CA) after his conviction in a criminal case.
Justice Prathiba M Singh observed that the profession requires a very high standard of integrity and noted that there is a clear need for ICAI to create a framework to ensure proper disclosures with respect to convictions and pending cases by members at the inception as well as on a periodic basis.
“There are certain professions and services that are considered to be those that require a very high standard of integrity, some of which are also considered as noble professions,” the court said.
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