Ready to surrender entire property of ISKCON Bangalore Madhu Pandit Dasa 5/5 (1)

July 20, 2015 8:21 am

The Institute of Chartered Accountants of India (ICAI) in its finding noted that it was clear that ISKCON Mumbai had misused and mis-interpreted the audit reports of ISKCON Bangalore to further their case in the ongoing dispute between ISKCON Mumbai and ISKCON Bangalore. The council which has been established to regulate the profession of chartered accountants gave its finding after hearing response filed by Mr. VL Varadarajan former chartered accountant of ISKCON Bangalore.
It may be recalled that Sri Doyaram Dasa, the legal head and one of the trustees of ISKCON Mumbai had earlier filed a complaint against Mr. V L Varadarajan before the ICAI in 2005. In his complaint Doyaram Dasa had alleged that Varadarajan was guilty of professional misconduct by conniving in fraud by Madhu Pandit Das by modifying ISKCON Mumbai’s branch audit report into ISKCON Bangalore Society’s audit report. The council initially referred the matter to Disciplinary committee of ICAI consisting of five members from the CA fraternity. The disciplinary committee ruled that C.A. V. L. Varadarajan is guilty for issuing anti-dated audit report and balance sheet to ISKCON Bangalore Society and referred the matter to entire council of ICAI consisting of forty members. The council heard contentions of both parties and pronounced it final findings last week.
The council dismissed the complaint of ISKCON Mumbai represented by Doyaram Dasa and held that Mr. Varadarajan was not guilty of misconduct