CA. D, a chartered accountant in practice availed of a loan against his personal investments from a bank. He issued 2 cheques towards repayment of the said loan as per the instalments due. However, both the cheques were returned back by the bank with the remarks 'Insufficient funds'. As per Chartered Accountants Act, 1949, under which clause CA D is liable for misconduct . - Study24x7
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CA. D, a chartered accountant in practice availed of a loan against his personal investments from a bank. He issued 2 cheques towards repayment of the said loan as per the instalments due. However, both the cheques were returned back by the bank with the remarks "Insufficient fun...

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A

Clause (6) of Part I of the First Schedule

B

Clause 2 of Part I of the Second Schedule

C

Clause 12 of Part I of the First Schedule

D

Clause 2 of Part IV of the First Schedule

MBA/Management CLAT/CE-Law Finance/CA
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