Recently, the Supreme Court set aside a recommendation made by the Council for the Institute of Chartered Accountants of India (the ICAI) to de-register a Chartered Accountant. The Court observed that Councilโs power was quasi-judicial. As per the Court, all quasi-judicial/judicial orders should be reasons that have to be recorded in writing. The Bench of
Supreme Court Sets Aside Allahabad HC Order Deregistering a Chartered Accountant
