Jaydeep Shah new ICAI head | business | Hindustan Times
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Jaydeep Shah new ICAI head

business Updated: Feb 13, 2012 21:38 IST
HT Correspondent

Jaydeep N Shah has taken over as the new president of the Institute of Chartered Accountants of India (ICAI) for the year 2012-13.

After taking over as the president, he said that the institute has barred former PriceWaterhouse auditor Vadlamani Srinivas and ex-CFO of Satyam Srinivas Talluri from practicing for life, and slapped a penalty of Rs 5 lakh each on them for their role in the Satyam fraud.

Shah added that the verdict on ex-PW partner S Gopalakrishnan and V Prabhakar Gupta, former internal auditor, would be finalised in a month.