RegulationAccounting StandardsEx-council member to take CIMA to High Court

Ex-council member to take CIMA to High Court

A judge has given former CIMA council member Margaret May the green light to take the institute to the High Court

A FORMER CIMA council member has been given judicial approval to take her long-running disciplinary dispute to the High Court.

Last year a CIMA tribunal found Margaret May guilty of two charges and ordered her to pay costs of £55,000, which included a charge of misconduct. However, on appeal a “significant legal error” led to her being cleared of one of the charges: dishonesty.

May filed a legal claim on 11 May, with judge Stephen Stewart now granting her case a judicial hearing at the Manchester High Court.

Justice Stewart refused the application by CIMA to move the hearing to London.

A court date has been set for 8 November. 

A spokesman for CIMA said: “As this matter is subject to ongoing legal proceedings, CIMA will not make a comment at this stage.”

 

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