Re: [aurangabad_ca] Audit of two different banks

Thursday, March 25, 2010 9:19 PM By Livemail

 

Dear Chiranjiv,
 
Let the CA earns money by working hard.
 
It s not banned to have two different banks,. Nor its professional misconduct.
 
I am sure You  go thru all the schdules of C A act and will not find single clause to prove it misconduct.
 
 
 
 


 

Dear colleagues
 
I know one CA who has got appointment letters from two different banks for branch statutory audit. He says that there is no legal problem in accepting both the audits because it is not mentioned in appointment letter that a CA can accept only one assignment.
 
What is the correct position in this case?


 
CA. Chiranjiv Sodhi
B.Com, FCA, DISA(ICA)
Partner:
SODHI & ASSOCIATES
CHARTERED ACCOUNTANTS
131-VIRAT NAGAR, MODEL TOWN, PANIPAT (HARYANA) 132103
PHONE:  098125-06464
 
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