ICAI filed transfer petition for transfer of various petitions filed in different High Courts. With respect to cap on number of audits, there were conflicting judgments of different High Courts taking different views on similar guidelines,   which were impugned in High Court and consequent disciplinary proceedings initiated against various chartered accountants throughout country was an issue of public importance affecting Chartered Accountants as well as citizens who had to obtain compulsory tax audits and, therefore, to settle law and to clear uncertainty among tax professionals and citizens, it was appropriate that Court might transfer writ petition, to authoritatively pronounce law on subject.