ICAI Reprimands CA on Failure to Submit Exception Report stating Running of NBFC without Registration [Read Order]

ICAI Reprimands CA - Exception Report - Running of NBFC without Registration - Failure to Submit Exception Report - Registration - NBFC - taxscan

The Institute of Chartered Accountants of India (ICAI) reprimanded Chartered Accountant (CA ) Rakesh Patni for failure to submit an exception report stating the running of a Non-Banking Finance Institution(NBFC) without registration. It was alleged that the Respondent has not submitted the exception report for M/S. Deep Investrade (Bombay) Pvt Ltd (“Company”) for the year…

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