High Court trashes plea against ex-CA of Iskcon

Bengaluru: The High Court on Thursday dismissed a petition filed by religious organisation, the International Society for Krishna Consciousness (Iskcon), Mumbai, seeking quashing of a letter by the Institute of Chartered Accountants of India exonerating V I Varadarajan, a former chartered accountant of Iskcon, Bengaluru, from the charge of misusing funds.

Dayaram Das, the legal head of Iskcon, Mumbai, had also challenged the disciplinary committee’s report against Varadarajan. The letter was written on January 12, 2013. Justice Anand Byrareddy dismissed the petition stating that nothing was brought on record to show that Varadarajan had acted in connivance with Iskcon, Bengaluru, and accordingly, the ICAI had not found him guilty.

The bench said that it was a trite law that this court should not interfere with the findings of a professional body such as the ICAI when the procedure as per law had been followed. It dismissed the petition citing lack of merit.

Source: Deccan Herald Dated: Jan 29, 2016