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.

The move comes even as the ministry awaits the NCLT view on banning Deloitte, Haskins & Sells and BSR Associates, which were the statutory ...

The Centre is looking to clamp down on Deloitte and BSR, a KPMG network firm, for alleged lapses on their part in auditing the accounts of ...

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

The govt wants its competition watchdog CCI to probe into issues of cartilisation and thwarting competition.

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

Govt had moved NCLT on June 10, seeking the ban on Deloitte Haskins & Sells, a part of Deloitte, and KPMG India affiliate BSR & Associates.

Government also set to tighten curbs on auditors to minimise conflicts of interest.

Auditors can’t be put in the same category as independent directors and senior management, they argued.

Govt had sought a ban on BSR & Deloitte for alleged role in concealing bad loans at IL&FS.

Deloitte global CEO Punit Renjen apprises North Block officials about impact of ban on Indian market

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

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 exam will be an online assessment covering company law, ethics, and capital market norms.

Such a move would take out two of the so-called Big Four and affect as many as 342 listed companies.

BSR, Deloitte have been accused of colluding with the IFIN management to falsify accounts.