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NFRA penalises auditor for lapses in Sobha audit case

The National Financial Reporting Authority (NFRA) has fined an auditor, Supreet Sachdev of BSR & Co LLP, Rs 5 lakh for professional misconduct and other lapses in the audit of Sobha Ltd for the fiscal years 2017-18 and 2018-19. The penalty was imposed after NFRA received information from the Securities and Exchange Board of India (Sebi) regarding Sachdevs misconduct.
Supreet Sachdev National Financial Reporting Authority Exchange Board Of India Sebi Sobha Ltd Exchange Board Independent Auditor

Ex-Mumbai Top Cop's Firm, SEBI Officials Get CBI Clean Chit in Audit Case

The CBI has given a clean chit to former Mumbai police commissioner Sanjay Pandey's company as well as officials from the market regulator and the stock exchange in a case of alleged irregularities in the audit of high-risk brokers.
Sanjay Pandey Isec Services Global Securities Ltd Exchange Board Of India Shaastra Securities Trading Pvt Ltd National Stock Exchange Of India
Source: ndtv.com

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