From: Rajesh Bhalla <bhallarajesh_ca@...>
Subject: [lucknow-ca] Appointment of SAs & BAs of private banks post satyam fiasco?
To: lucknow-ca@yahoogroups.com
Date: Wednesday, 14 January, 2009, 1:31 AM

Dear Members,

It is indeed very saddening that the image of our profession in the public eye has been tarnished in such a way. The alphabet of TRUST is today being quoted as "MISTRUST".The only way to reprieve some collateral damage done is to book the culprits involved in this fiasco from our profession at the earliest by the disciplinary committee (but not like proceedings in the GTB Scam which i personally feel is gathering dust).

Today is the time when each member of our profession should join hands & demand that appointment of statutory auditors or branch auditors of all private sector banks also be done by the RBI where huge public interest is involved.

Looking forward to ur views in this regard.

CA Rajesh Bhalla
09335214565