• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

K.R. Srivats

New Delhi, April 1 Audit firm Price Waterhouse has taken the audit profession regulator, the Institute of Chartered Accountants of India (ICAI), to court. A writ petition has been filed by Price Waterhouse in the Bombay High Court challenging a particular regulation of the institute, in the context of the disciplinary proceedings against the audit firm in the Global Trust Bank (GTB) case.

“Yes, we have received a notice this evening. They (Price Waterhouse) have taken a legal recourse,” Mr Amarjit Chopra, Vice-President of ICAI, confirmed to Business Line, when contacted on Wednesday. He, however, declined to elaborate. The ICAI President, Mr Uttam Prakash Aggarwal, could not be reached as he was out of the country.

More Stories on : Auditing | Courts/Legal Issues | Private Banks | Economic Offences

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line