Mumbai/New Delhi: The National Financial Reporting Authority has penalised audit firm Deloitte Haskins & Sells LLP, along with two of its senior partners, for alleged professional misconduct in the audit of Zee Entertainment Enterprises Limited for FY2018-19 and FY2019-20. The FD was prematurely closed and utilised by the bank in July 2019 to settle debts of seven promoter-linked entities of …
The National Financial Reporting Authority has imposed a ban and penalties totalling ₹1.10 crore on three entities, including two auditors, for alleged professional lapses in the auditing of Giri Vidhyuth Ltd, a subsidiary of Coffee Day Enterprises Ltd, for 2019-20. After markets regulator Sebi shared its investigation report in April 2022, audit regulator NFRA started probing the professional conduct of …
