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High Court of Gujarat Upholds Disciplinary Action Against Chartered Accountant for Professional Misconduct in Bank Audit. Failure to Report Irregular Loans and Deficient Documentation Constitutes Negligence Under Section 21(5) of the Chartered Accountants Act, 1949.

This is a case reference under Section 21(5) of the Chartered Accountants Act, 1949, arising from a complaint by Smt. Prabha S. Prasad, General Manage...

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High Court of Bombay Allows Bank of India's Petition for Appointment of Arbitrator in Loan Dispute. Dispute Referred to Arbitration Despite Respondent's Claim of Non-Signatory Status, with Jurisdictional Issue Left to Arbitrator.

The judgment arises from a petition filed by Bank of India under Section 11 of the Arbitration and Conciliation Act, 1996, seeking appointment of an a...

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Bombay High Court Dismisses Writ Petition Challenging Blacklisting by Public Sector Bank. Contractual Dispute Not Amenable to Writ Jurisdiction Under Article 226 of the Constitution of India.

The petitioner, M/s A P Securitas Pvt. Ltd., a security agency, filed a writ petition under Article 226 of the Constitution of India before the Bombay...

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Supreme Court Dismisses Appeal of Punjab State Power Corporation in Pay Parity Dispute Between Head Clerks and Internal Auditors. Internal Auditors Not Entitled to Same Pay Scale as Head Clerks Due to Different Recruitment, Duties, and Promotional Avenues.

The case involves a dispute between the Punjab State Power Corporation Limited (appellant) and Rajesh Kumar Jindal and others (respondents), who are I...

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High Court of Karnataka Confirms Removal of Chartered Accountant for Professional Misconduct in Audit of Great Western Industries Ltd. — Council's Recommendation for One-Year Removal Upheld Under Section 21(5) of Chartered Accountants Act, 1949.

This is a reference case filed by the Council of the Institute of Chartered Accountants of India under Section 21(5) of the Chartered Accountants Act,...

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Bombay High Court Dismisses Petitioner's Writ for Promotion Due to Lack of Merit and Delay. Petitioner sought retrospective promotion from 1976 but failed to establish any legal right.

The petitioner, Suresh Govind Kamath, filed a writ petition in the Bombay High Court seeking a direction to the respondent no.1, S.S. & L.S. Patkar Co...