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India Business Bulletin (June 2019)


The Ministry of Corporate Affairs (“MCA”) has filed applications at the National Company Law Tribunal (“NCLT”) to debar the auditors of IL&FS Financial Services, namely Deloitte Haskins & Sells and BSR Associates (affiliated to KPMG) for their alleged role in helping hide bad loans and not raising alerts on the misstatements in the accounts.

Download the PDF file .

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