Can accountant be arrested Karachi?
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As a lawyer with over 12 years of experience, I’ve come across people who have been arrested while working as an accountant in Karachi. Here’s my personal experience. I used to be an accountant. I started working for one of the most reputed accounting firms in Karachi. However, one day, my boss called me and informed me that we had a huge client who had filed an appeal in the Supreme Court of Pakistan. Our work was over. I immediately rushed to the court. There was no one working
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Accountants are the eyes of a business to manage financial records. They’re called a fiduciary as they are trusted and dependable. They are the “eyes” of the business because of which they keep watch for frauds. Accountants in Karachi have seen the scams and are very cautious to maintain transparency in their financial transactions. They are also very close to the business owners. They work as a support to the business owners and help them with financial reporting and accounting. The job of an accountant is so crucial to
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I was in the middle of a tax audit when my phone rang. I was shocked, “Who is this? It’s your son, isn’t it? He has come to see you,” my colleague said. I was taken aback and asked him to confirm whether my son, a chartered accountant, had come to meet me. Sure enough, he appeared in the room a few minutes later. He wore a suit and tie, and had a smile that I could not miss. He introduced himself as Shahad and thanked me for the favor
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Section: Corporate Law Firm in Karachi I have personally experienced this scenario in recent times. A leading local law firm was in a hurry to close down and file for closure of the firm for the second time due to unpaid dues from its clients, some of whom were public-sector contractors, contractors of public utilities, and even a contractor for the municipalities. Their bills were never paid. They were in a mess and were under huge financial crisis. They were being asked to pay upward of Rs 40 million. The
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Can an accountant be arrested in Karachi? I have no clue what this question may be asking. I am an accountant. But, a question like this needs a clear explanation — 1. How is an accountant treated by the police in Karachi? view publisher site 2. Does an accountant need an arrest warrant or a formal request for accountancy to be arrested? 3. Can an accountant have bail money paid to him/her? In my opinion, accountants and lawyers are not a crime, and there’s no
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Karachi is the city of opportunists and charlatans. Accountants are the best lawyers of Karachi. Many lawyers of Karachi are known for their shady practices. But not one accountant in Karachi is above the law. In a city where the law is often used as a weapon instead of an instrument, it’s shocking to hear that an accountant could be arrested. But a group of accountants in Karachi has been arrested by the Anti Corruption Establishment in Karachi. The police and anti cor
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Can accountant be arrested Karachi? Is it a serious topic for the legal advisors? You may not believe it, but yes, it is a serious and very relevant topic for legal advisors because it involves accountants who are usually hired by businessmen to give them advice on accounting, taxation and other business issues. So when such a accountant is arrested or charged, there are several questions arising in the minds of the accountants, their families, the clients they have served, and the society in general. In such an event, the accountants face a moral