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Punj Lloyd Liquidator Approaches NFRA Against Auditors For Non-Cooperation

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....

Adani Ports, Adani Power, Adani Energy: Adani Shares That Ended Higher Amidst Weak Trading On D-Street

Adani group stocks including Adani Ports, Adani Power, and Adani Energy Solutions closed in the green on Thursday despite negative trading on Dalal Street and a media report which highlighted that one of the auditors of the Gautam Adani-led power-to-port conglomerate ...

What Is NFRA Or National Financial Reporting Authority?

After the PNB scam has been unearthed, the govt to prevent its likely occurrence in the future course has now given a go-ahead to the constitution of National Financial Reporting Authority or NFRA for overseeing or auditing the work of auditors ...

Cabinet Approves NFRA to Oversee Auditors After PNB Fraud

The Cabinet on Thursday approved setting up of the National Financial Reporting Authority (NFRA), which will be an independent regulator for the auditing profession. The decision comes against the backdrop of various auditing lapses in the banking sector, including the Rs ...