{"id":432,"date":"2025-07-01T06:45:53","date_gmt":"2025-07-01T06:45:53","guid":{"rendered":"https:\/\/icap.org.pk\/aseb\/?page_id=432"},"modified":"2025-07-01T06:45:53","modified_gmt":"2025-07-01T06:45:53","slug":"atr-13-lien-on-books-of-accounts-due-to-non-payment-of-professional-dues","status":"publish","type":"page","link":"https:\/\/icap.org.pk\/aseb\/audit-assurance\/auditing-technical-release\/atr-13-lien-on-books-of-accounts-due-to-non-payment-of-professional-dues\/","title":{"rendered":"ATR-13 Lien on Books of Accounts due to non-payment of Professional dues"},"content":{"rendered":"

Opinion was sought on the proper course of action in the following circumstances:-<\/p>\n

\u201cWe were appointed auditors of M\/s…………….. for the year ended 30th June, 1984. We conducted the audit for the year 30th June 1984. We also took up the stock taking for the year ended 30-6-1984 & 1985.<\/p>\n

In the meantime due to non cooperation of responsible staff of M\/s…………….. we have communicated our inability to carry on the audit. We have incurred self cost of Rs. 5,500\/- for the time consumed on this job. In the meantime due to mismanagement, Government has appointed an Administrator to investigate affairs of M\/s………………………………..<\/p>\n

We have in our possession some books of accounts of M\/s……………………. we have asked the Administrator to reimburse our out of pocket expenses. According to law we have no lien over the books of accounts of M\/s…………….. Whereas we fear that if the books are returned our outstanding amount will not be paid by them.<\/p>\n

We shall be obliged if you please advise us the proper course to be adopted.<\/p>\n

The following opinion was given:<\/h2>\n

Since there is no lien on books, books should be returned. Legal remedies may be tried for the recovery of the dues.<\/p>\n

Dated:\u00a0 18-9-1985<\/p>\n","protected":false},"excerpt":{"rendered":"

Opinion was sought on the proper course of action in the following circumstances:- \u201cWe were appointed auditors of M\/s…………….. for the year ended 30th June, 1984. We conducted the audit for the year 30th June 1984. We also took up the stock taking for the year ended 30-6-1984 & 1985. In the meantime due to […]<\/p>\n","protected":false},"author":14,"featured_media":0,"parent":41,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-432","page","type-page","status-publish","hentry","entry"],"_links":{"self":[{"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/pages\/432"}],"collection":[{"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/comments?post=432"}],"version-history":[{"count":1,"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/pages\/432\/revisions"}],"predecessor-version":[{"id":433,"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/pages\/432\/revisions\/433"}],"up":[{"embeddable":true,"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/pages\/41"}],"wp:attachment":[{"href":"https:\/\/icap.org.pk\/aseb\/wp-json\/wp\/v2\/media?parent=432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}