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NFRA penalises auditor for lapses in Sobha audit case, Real Estate News, ET RealEstate

The order came after NFRA received information from the Securities and Exchange Board of India (Sebi) vide a letter dated May 2021 against Sachdev for professional and other misconduct in the statutory audit of Sobha for FY 2017-18 and 2018-19.
Supreet Sachdev National Financial Reporting Authority Exchange Board Of India Sebi Sobha Ltd Exchange Board Independent Auditor

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

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