Narayanan Nambudiri vs Institute Of Chartered Accountants Of ... on 27 October, 2005
8. Similarissue came up for consideration before the Division Bench of the Punjab High Court in Institute of Chartered Accountants of India v. V.K. Verma AIR 1965 Punjab 295. The court while interpreting section 21 (1) of the Chartered Accountants Act held that the occasion for an enquiry by the Disciplinary Committee arises on a reference to it of a charge or charges against a member of the Institute after the Council has done its preliminary statutory duty of forming an opinion that there exists a Prima facie case of professional or other misconduct against the member. The court held without such a reference there could be no proceedings before the Disciplinary Committee.