IL&FS fraud case in brief : Charge on Deloitte and KPMG

In the IL&FS fraud case, Rs.90,000crores scam. SFIO detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate BSR & Co. while investigating a fraud at a financial company, leading it to seek a five-year ban pusuant to section 140(5) of the Companies Act, 2013 on the auditors, according …

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