Anoop GoelAnoop Goel asked 1 year ago

On pg 2.24 Vol 1 it is written that 
Misconduct proceedings pending against company have to be checked.
 
Can you please elaborate this point

1 Answers
RaviRavi Staff answered 1 year ago

As per section 139 and CAAR rules while appointing auditor we should see misconduct proceedings pending against CA, these proceedings are if CA violates CA act or regulations , guidelines issued by ICAI. Like giving false audit report etc
if serious cases are pending which indicate CA is not trustworthy company may not consider him for appointment 

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