No Detailed enquiry required to form a prime facie opinion on alleged misconduct of a CA
Where alleged misconduct of a CA was involvement in fudging of accounts of a well-known listed company (Satyam) admitted by then Chairman of company in a widely publicized letter, Director (Discipline) entitled to form a prima facie opinion on alleged misconduct under section 21(2) of CA Act, 1949 based on said letter and annual reports of company and at that stage it was not necessary to conduct a detailed enquiry and investigation into commission of professional misconduct by member of Institute - TALLURI SRINIVAS v. ICAI
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