Chartered accountants' apex body ICAI will start conducting hearings related to disciplinary proceedings through video-conferencing facilities, a move that will help in expeditious disposal of such cases.
In a release Friday, the Institute of Chartered Accountants of India (ICAI) said that for the first time, it has scheduled "e-hearing of disciplinary proceedings on February 9, 2019 through Video-conferencing".
According to the institute, e-hearings are expected to provide an incentive to the parties by way of reducing their associated travel time and costs.
The ICAI's council approved the proposal for conducting of e-hearings of disciplinary proceedings in May 2018.
On a pilot project basis, the institute has decided to initially commence e-hearings from its five regional headquarters in New Delhi, Mumbai, Kolkata, Chennai and Kanpur.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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