CHARTERED ACCOUNTANTS OF INDIA SINCE JAN’2007
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Apr 12, 2024
Supreme Court upholds NCLAT order against errant auditors
In a boost to the National Financial Reporting Authority (NFRA), the regulator for auditors and audit firms dealing with large and listed companies, the Supreme Court has upheld an order by the National Company Law Appellate Tribunal (NCLAT) related to disciplinary action against errant auditors.
Last month, the apex court dismissed an appeal filed by chartered accountant Sam Varghese, partner at K Varghese & Co.