Topic

Professional Liability

2 articlesLatest July 2026
SQC 1 & NFRA Orders | Audit Firms and Engagement Partners Jointly Liable for Professional Misconduct: NCLAT Upholds Penalties
Case Law Analysis
|National Company Law Appellate Tribunal

SQC 1 & NFRA Orders | Audit Firms and Engagement Partners Jointly Liable for Professional Misconduct: NCLAT Upholds Penalties

NCLAT affirmed NFRA's imposition of ₹3L and ₹5L penalties on a chartered accountant and his firm for professional misconduct in the Vikas WSP Limited audit. The ruling reinforces that audit firms and engagement partners share joint liability under Standards on Quality Control (SQC 1), setting a precedent for stricter accountability in statutory audits.

Section 483 BNSS | Mere Transportation Without Intent or Active Participation Does Not Justify Bail Denial in Abduction Case : Chhattisgarh HC
Case Law Analysis
|Chhattisgarh High Court

Section 483 BNSS | Mere Transportation Without Intent or Active Participation Does Not Justify Bail Denial in Abduction Case : Chhattisgarh HC

The Chhattisgarh High Court granted regular bail to a cab driver implicated in an abduction, clarifying that passive transportation of accused persons, without evidence of intent, conspiracy, or active role, cannot trigger liability under the Bharatiya Nagarik Suraksha Sanhita. This ruling protects service providers from overbroad criminal liability and reinforces the need for direct culpability in non-bailable offences.

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