New Delhi: The disciplinary committee of the Institute of Chartered Accountants of India (ICAI) will take up the second hearing on the allegations levelled by Sachin Tendulkar against his former Chartered Accountant in June.

"The second hearing will be in the first week of June," ICAI president and chairman of the committee R Bupathy said in New Delhi on the sidelines of the launch of a report.

Tendulkar is locked in a legal battle with his former chartered accountant Madhav Bhatkhande who charged him Rs 42 lakh for managing his accounts since 1989 and offering taxation advice.

Bhatkhande had reportedly borrowed Rs 26 lakh from Tendulkar in 1996 but did not return the amount. Later, he served on Tendulkar a bill of Rs 42 lakh as fees due to him.

Tendulkar, however, refused to pay the balance amount of Rs 16 lakh saying the fees was exorbitant.

Bhatkhande filed a suit against Tendulkar in Mumbai High Court for recovery of his fees while Sachin made a counter move by filing a complaint against his accountant with the institute.

Tendulkar had appeared before the five-member committee on April 3.

Asked whether a final decision would be taken at the second hearing, Bupathy said it was dependent on the evidences furnished by both the parties and, if needed, witnesses, if any, would also be examined.

He said the proceedings would be transparent and give both the parties a chance to air their grievances.