Important judgment : Disciplinary proceedings

Where appellant, a chartered accountant, challenged disciplinary proceeding initiated against him on ground that alleged acts of commission or omission on basis of which proceedings had been commenced also formed basis of various charges against him in criminal cases and, hence, any disclosure of his explanation or defences  until final conclusion of criminal trial pending before Special Court would seriously impact his defence in criminal trial, it was held that no case for stay of disciplinary proceedings was made out pending conclusion of criminal trial –SUBRAMANI GOPALKRISHNAN v.ICAI [2011] 11 taxmann.com 200 (DELHI)