NFRA has appealed to the Supreme Court against a Delhi HC order, arguing that an Engagement Quality Control Reviewer (EQCR) ...
The apex court will finally settle the dispute over whether NFRA’s structure is as per law and whether there is adequate ...
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NFRA considers next steps in IL&FS audit notices caseThe National Financial Reporting Authority (NFRA) is reassessing its strategy following a decision of India’s Delhi High Court that invalidated its notices to auditors involved in the IL&FS ...
The recent Delhi High Court ruling on the National Financial Regulatory Authority (NFRA) has created a flutter. Since its formation on October 1, 2018, the NFRA has issued around 80 orders ...
Quashing of show cause notices issued by NFRA THE DELHI HIGH Court has quashed the show cause notices on technicalities and not on merits. It observed that Section 132 read with the NFRA Rules ...
Given their role in the statutory audit of companies and thus on the accuracy of financial reporting, NFRA wants to have its ...
This move comes after the NFRA challenged certain directions from the Delhi High Court's judgement regarding the IL&FS audit case. The High Court confirmed the NFRA's power under Section 132(4 ...
The Delhi High Court has rejected a challenge to the provisions on the power of the National Financial Reporting Authority (NFRA) to investigate and penalise the misconduct of chartered accountants.
Even the National Financial Reporting Authority (NFRA) weighs its options after the Delhi High Court’s order quashing the show-cause notices issued by the regulator against the IL&FS and DHFL ...
NEW DELHI: In a boost for the National Financial Reporting Authority (NFRA), the Delhi high court has upheld the provisions that allow action against the audit firm and its partners, along with ...
The court’s observations echoed concerns raised by the Delhi high court, which struck down 11 show cause notices issued by NFRA citing violations of the separation of functions principle.
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