The Council in its 238th (adjourned) meeting held on Saturday, the 17th September, 2016 noted various serious and grave financial and other irregularities and non-compliances committed at WIRC including non-approval of annual accounts and non-holding of annual general meeting. Keeping in view the best interest of the ICSI and in order to investigate the matter, the Council has taken certain strict and corrective measures. Consequently, the powers of Chairman, WIRC and Secretary, WIRC have been suspended pending the investigation.
In this regard, Members of the ICSI are advised not to believe in rumours and refrain from circulating any baseless and derogatory comments in social media or otherwise. The ICSI reserves the right to initiate disciplinary or other action against those who in violation of this Advisory are found publishing any baseless information or making or publishing derogatory or defamatory comments against the Institute, Council or its members.
The ICSI
CAclubindia
