The liquidator of debt-ridden Punj Lloyd has approached the NFRA against the company's auditors for not cooperating to finalise the audited results since FY19....
The market watchdog SEBI has proposed stringent rules in relation to laws governing auditors and other individuals appointed to oversee auditing functions at various listed entities. The Kotak committee convened to improve the Corporate governance sphere in 2017 said that ...
Auditors of many companies have now begun putting their foot down, simply resigning if information is concealed or not provided. This is creating havoc in the once popular shares, which have had several renowned institutional investors. The latest is the shares ...