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6/2005 M.A. Muhammad Basheer Juma (Appellant) V/S Institute Charted Accountants Pak (Respondent)

Sindh High Court2018

Bench: Hon'ble Chief Justice Mr. Justice Muhammad Shafi Siddiqui(Author)

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6/2005 M.A. Muhammad Basheer Juma (Appellant) V/S Institute Charted Accountants Pak (Respondent) Sindh High Court

Bench: Hon'ble Chief Justice Mr. Justice Muhammad Shafi Siddiqui(Author) Order Date: 31-MAY-18

I do not see any charge within the frame of clause 5 Part 4 of Schedule 1 of Chartered Accountants Ordinance, 1961 in the absence of any audit report duly signed by him (appellant). All that I could see is that the report was tentatively drafted, having certain queries which the Board of Bankers Equity Limited was supposed to furnish. At the most the auditor should have asked for such queries before even attempting to prepare a draft for the period ending on 30.06.1998 and this is perhaps not covered by the clause 5 of Part 4 of Chartered Accountants Ordinance, 1961 referred above.

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