ANIL KUMAR AGGARWAL vs BOARD OF DISCIPLINE ICAI THR SECRETARY AND ORS

Judgment text excerpt

$~10 & 11 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 16324/2023 & CM APPL. 65728/2023 Date of Decision: 25.04.2026 IN THE MATTER OF: ANIL KUMAR AGGARWAL .....Petitioner Through: Mr. Chetan Lokur and Mr. Shiv Verma, Advs. versus BOARD OF DISCIPLINE ICAI THR SECRETARY AND ORS .....Respondents Through: Ms. Pooja Mehra Saigal, Sr. Adv. with Mr. Ankit Mittal and Mr. Jatin Dua, Advs. for R-1 and 3. 11 + W.P.(C) 16424/2023 & CM APPL. 66112/2023 RADHEY SHYAM BANSAL .....Petitioner Through: Mr. Shiv Verma, Adv. versus BOARD OF DISCIPLINE THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA & ORS. .....Respondents Through: Ms. Pooja Mehra Saigal, Sr. Adv. with Mr. Ankit Mittal and Mr. Jatin Dua, Advs. for R-1 and 3. CORAM: HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV Signature Not Verified Signature Not Verified Signed By:PRIYA Signed Signing Date:13.05.2026 By:PURUSHAINDRA 13:06:18 KUMAR KAURAV JUDGEMENT PURUSHAINDRA KUMAR KAURAV, J. (ORAL) (The matter has been taken up today, as 03.03.2026 was declared as a holiday.) 1. The petitioners in both the petitions are chartered accountants who are governed under the provisions of the Chartered Accountants Act, 1949 [Act], and the rules and regulations made thereunder. 2. They pray for setting aside a common order dated 19.10.2023, whereby, the petitioners’ appeals against orders dated 30.01.2020 and 11.02.2020 of the Board of Discipline [BoD] were rejected by the Appellate Authority. 3. The impugned action has been taken pursuant to a sting operation conducted by a third-party news agency, alleging that the petitioners had represented that they would legitimize ‘black money’ in return for a commission. The said sting operation was treated to be information under Rule 7 of the Chartered Accountants (Procedure of Investigation of P