Mr. Aman,
First of all, it is to be pondered upon whether there is any deadline fixed on paper about deposit of cheque? Secondly, if the cheque was deposited with wrong number within one or two days of receipt and returned due to clerical mistake, where is the question of deadline? Thirdly, is your MD perfect that he does not make any mistake? Fourthly, your request for case law, any section etc., is quite absurd. Each bit of minor things are not described in law or case laws, unless specifically taken up with cogent reasons by the affected person to get justice from the court of law, if unjustice is really done to him.
By the way what will you do with the case law, any section etc.? Do you have any power to enforce some one else case law on the case of your accountant? Also, do you have the power to enforse any case law not related to your accountant's case on your MD or can compel him to follow your advice?
You need to simply see the terms and conditions of appointment of the accountant. If there is no such provision to impose penalty on such an instance os mistake and the mistake is not intentional on the part of the account, just pin point that to your MD. However, if your MD has given the order of penalty in writing, irrespective of that being wrong, better comply that. Let the accountant take up appropriately with the MD. As a subordinate, you should not try to impose your wishes on your MD.
First of all, it is to be pondered upon whether there is any deadline fixed on paper about deposit of cheque? Secondly, if the cheque was deposited with wrong number within one or two days of receipt and returned due to clerical mistake, where is the question of deadline? Thirdly, is your MD perfect that he does not make any mistake? Fourthly, your request for case law, any section etc., is quite absurd. Each bit of minor things are not described in law or case laws, unless specifically taken up with cogent reasons by the affected person to get justice from the court of law, if unjustice is really done to him.
By the way what will you do with the case law, any section etc.? Do you have any power to enforce some one else case law on the case of your accountant? Also, do you have the power to enforse any case law not related to your accountant's case on your MD or can compel him to follow your advice?
You need to simply see the terms and conditions of appointment of the accountant. If there is no such provision to impose penalty on such an instance os mistake and the mistake is not intentional on the part of the account, just pin point that to your MD. However, if your MD has given the order of penalty in writing, irrespective of that being wrong, better comply that. Let the accountant take up appropriately with the MD. As a subordinate, you should not try to impose your wishes on your MD.