The landscape of corporate governance in India is on the brink of transformation, with new proposals potentially establishing some of the h...

Rukshad Daruvala is at least the second auditor in the matter to be barred by NFRA. However, NFRA's ruling would not come into force till J...

The Bombay High Court on Tuesday ruled the ministry of corporate affairs (MCA) cannot take action against auditors over their role in the a...

The Bombay High Court said that the Ministry of Corporate Affairs (MCA) can’t take action against the two.

NCLT had earlier ruled that it has the jurisdiction to “remove and ban” auditors.

SAT ruling went on to add that Sebi in fact has no jurisdiction banning any audit firm.

NCLT Mumbai will continue its scheduled hearing in the case of their alleged role in the IL&FS fraud matter.

The ministry had in June moved NCLT seeking a five-year ban on them on these auditors in the IL&FS saga.

After hearing arguments of the auditors and the MCA, the tribunal comprising of VP Singh and Ravikumar Duraisamy reserved the order.

The auditors said that courts can’t rewrite a statute, legislate and enact but can only interpret a law.

The PwC move comes in the backdrop of the profession running into a rough patch.

MNCs and Indian cos with global operations are in a fix over their audits amid likely ban on KPMG and Deloitte.

Nearly 40 auditors including Deloitte, KPMG, EY have been asked to give hard copies, cloud access.

If the ban comes to play, it will be a setback for the two firms as it will lead to 300-plus listed companies shifting their business to ot...

The firm has made representations to the RBI about the unfairness of such a ban and sought a relaxation of its stance, one of the people ci...

The proposed ban, could prevent the two firms from auditing any listed or unlisted company for five years.

The central bank’s action against Batliboi on Monday came after it found several lapses in the audit report of Yes Bank, said a person priv...