Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: TDS :: ACCOUNTING STANDARDS :: VAT RATES :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: cpt :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: due date for vat payment
 
 
« ICAI »
  Result of the Chartered Accountants Final Examination held in November 2016 and Common Proficiency Test (CPT) held in December 2016 are likely to be declared on Tuesday, the 17th January 2017.
 Result of the Information Systems Audit [ISA] Assessment Test held on 24th December 2016 is likely to be declared on 17th January, 2017.
 Exposure Draft of Ind AS Taxonomy for Comments.
 The Rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988.
 The Rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988.
 CPE Events 9th December - 14th December 2016
 Certificate Course on Arbitration, Mediation & Conciliation on 13th, 14th , 15th, 20th, 21st, 22nd, 27th, 28th, 29th January, 2017 and 5th February, 2017 at Indore.
 Exposure Draft of Revised SA 720, “The Auditor’s Responsibilities Relating to Other Information” for Comments
 Announcement of setting up of Branch of WICASA at Satara
 CPE Events 2nd December - 7th December 2016
 President's Message - January 2017

Government promises strict action
January, 09th 2009

Government promised "strictest action" against those involved in the Satyam fraud and said any director or functionary involved in the scam would be punished, even if they have resigned. And the company's auditor, Pricewaterhouse, also seems to be headed for trouble as the Institute of Chartered Accountants of India (ICAI) is planning to issue a show-cause notice after referring the case to its disciplinary committee.

"Action would be taken against all those involved auditors, directors who are still there with the company or were with it earlier, company secretary or any executive. Strictest action would be taken," Corporate Affairs minister Prem Chand Gupta told.

The ministry has asked the Registrar of Companies (RoC) to submit a report by January 14 after which it will decide on the next course of action, that could include handing over the investigation to the multi-disciplinary bodySerious Fraud Investigation Office.

Gupta said his ministry was in touch with market regulator Sebi. "A coordinated action from the ministry, Sebi, ICAI, Institute of Company Secretaries and other government agencies would be taken so that the whole issue can be taken to its logical conclusion," he said.

The corporate affairs ministry was looking into the statement sent by Ramalinga Raju to the stock exchanges. "If the message was true and a fraud has happened, it is shameful," Gupta said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions