Prosecutions filed against auditor after inspecting DDCA books: Govt

The corporate affairs ministry today said an inspection was conducted on functioning of Delhi and District Cricket Association (DDCA) and prosecutions were filed against the auditor.

In written reply to the Lok Sabha, Minister of State for Corporate Affairs P P Chaudhary said the government had received number of complaints alleging various irregularities in the functioning of DDCA from MP Kirti Azad and others.

Following the complaints, the government had ordered inspection in September 2012 of books of account and other papers of DDCA under the Companies Act.

The inspection report "indicated violations" of several sections of the Companies Act and also Accounting Standards.

"All the...offences were compoundable in nature and the company and officers in default have compounded the said offences before the then Company Law Board," Chaudhary said.

Further, non-compliance of certain provisions of the Companies Act were also pointed out against the auditors of the company in the inspection report.

"...prosecutions were filed against the auditor" and a complaint was also lodged with the Institute of Chartered Accountants of India, the minister said.