I think you will find the situation Aruna is refering to is a little different and not a bug.

I interpret it more as being in regard to accounts that are actually under different ownership.. 

eg an agency creates a profile for a website in their agency account and only grants viewing access to reports to the person who owns the website that is being tracked..or where an employee might setup an account for a business but creates the analytics account using the employees own google account as opposed to creating and setting it up with the businesses's google account and then the employee leaves without assigning a new admin... and similar situations to that