![IBBI Penalises Insolvency Professional for Failing to Protect Corporate Debtor’s Assets During CIRP [Read Notification]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072869-ibbi-penalises-taxscan.webp "IBBI Penalises Insolvency Professional for Failing to Protect Corporate Debtor’s Assets During CIRP [Read Notification]")
IBBI Penalises Insolvency Professional for Failing to Protect Corporate Debtor’s Assets During CIRP [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) has imposed a financial penalty on insolvency professional Mr. Pankaj Ramandas Majithia for...
ICAI imposes Rs. 1.25L Fine on CA for Deliberate Methodology Change for NAV Calculation, Causing Loss [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) has reprimanded the Chartered Accountant ( CA )Â with a fine of Rs. 1.25 lakhs for adopting a different methodology deliberately for...
Incorporation of 20 Companies in 18 Days with Same Address and Set of Directors: ICAI Disciplinary Committee holds CA Guilty of Professional Misconduct
The Disciplinary Committee of the Institute of Chartered Accountants of India ( ICAI ) has recently held a Chartered Accountant ( CA ) guilty of professional misconduct, owing to incorporation of 20...
MCA appoints Justice Suresh Kumar Gupta as Chairperson to Appellate Authority for CAs, CSs, and Cost Accountants [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has notified the appointment of Chairperson and Members to Appellate Authority for CAs, CSs, and Cost Accountants. Justice Suresh Kumar Gupta, Judge...
Operating Bank account of CD which is under Liquidation Estate by RP is of Grave Nature : IBBI Suspends RP for 2 Years [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has suspended the registration of the Resolution professional (RP) for operating the bank account of the Corporate Debtor (CD). The board...
