Appointment of BSR as an auditor of IFIN was illegal: NFRA report on IL&FSET had first written on July 17 about NFRA’s report on BSR and how the firm did not adhere to auditing standards. NFRA had then sought the ...
17 Aug, 2020, 06.22 PM IST
IL&FS Financial Services: NFRA finds lapses in 2017-18 statutory auditNew Delhi, Aug 17 () The National Financial Reporting Authority (NFRA) has found various lapses in the statutory audit of IL&FS Financial S...
17 Aug, 2020, 04.50 PM IST
Cafe Coffee Day's auditor resigns citing “commercial considerations”, questions raised on reported numbersBSR & Associates in its report said the holding company has several subsidiaries which in turn have many other auditors, and that it did no...
21 Jul, 2020, 10.04 AM IST
MCA moves SC against HC order in IFIN caseThe high court had said while the law allows existing auditors to be removed, the provision does not apply to former audit firms. Deloitte ...
20 May, 2020, 11.28 AM IST
MCA plans to move SC against IFIN auditorsThe Centre plans to contest in the apex court a Bombay High Court ruling that disallowed a government petition that had sought to take acti...
25 Apr, 2020, 08.40 AM IST
IFIN case: Big win for Deloitte, BSR & CoThe Bombay High Court on Tuesday ruled the ministry of corporate affairs (MCA) cannot take action against auditors over their role in the a...
22 Apr, 2020, 11.15 AM IST
NCLAT dismisses Deloitte, KPMG and auditors pleas against impleadment in IL&FS matterA two-member NCLAT bench led by Chairman Justice S J Mukhopadhaya dismissed the pleas of auditors and other independent directors. The appe...
04 Mar, 2020, 06.10 PM IST
Deloitte Haskins and Sells questions NCLT ambitDeloitte Haskins and Sells challenged Centre’s plea at NCLT that seeks a five-year ban on former auditors of IL&FS Financial Services (IFIN...
03 Oct, 2019, 11.26 PM IST
BSR case: Ministry of Corporate Affairs weighs options to challenge HC orderThe development comes a day after the Bombay High Court temporarily stayed the proceedings against KPMG-affiliated audit firm BSR & Associa...
06 Sep, 2019, 06.51 AM IST
Proceedings against BSR & Associates on hold in IFIN CaseBSR and N Sampath Ganesh, a partner with the firm, had last month filed a case against the government after NCLT allowed its proposed remov...
05 Sep, 2019, 06.44 AM IST
Bombay HC grants temporary relief to KPMG firm BSR against proceedings in IL&FS caseOn Wednesday, a division bench of the Bombay High Court comprising Justice Ranjit More and Justice NJ Jamdar stayed proceedings in NCLT in ...
04 Sep, 2019, 07.39 PM IST
BSR drags govt to court after NCLT removed the firm as IFIN’s auditor after it resignedBSR on Thursday filed a writ petition challenging the NCLT order where it, was sacked from auditing IFIN.
26 Aug, 2019, 06.25 PM IST
NCLT stays its own order to prosecute IL&Fs auditors for 4 weeksThe NCLT order its order is based on the findings of the probe conducted by the Serious Fraud Investigation Office.
25 Jul, 2019, 10.57 PM IST
NCLT allows the Ministry of Corporate Affairs plea to implead 22 more partiesThe latest move to implead 22 parties includes leading auditors - Deloitte and BSR & Associates, an affiliate of KPMG.
19 Jul, 2019, 07.30 AM IST
BSR & Associates resigns as statutory auditor of IL&FS Investment ManagersThe announcement has come a day after BSR & Associates, a KPMG group associate, resigned as statutory auditor of IL&FS Financial Services (...
21 Jun, 2019, 07.12 PM IST
Ahead of NCLT hearing, BSR quits as IFIN auditorGovt had sought a ban on BSR & Deloitte for alleged role in concealing bad loans at IL&FS.
21 Jun, 2019, 06.22 PM IST
BSR & Associates resigns as auditor of IL&FS Financial ServicesSebi has been conducting an in-depth investigation into the role of several entities and individuals, including for suspected violation of ...
20 Jun, 2019, 09.08 PM IST