NFRA can investigate audit misconduct that occurred before its formation, has superior powers over ICAI: NCLAT : vimarsana.com

NFRA can investigate audit misconduct that occurred before its formation, has superior powers over ICAI: NCLAT

The National Company Appellate Law Tribunal (NCLAT) at Delhi on Friday ruled that the National Financial Reporting Authority (NFRA) has retrospective powers to investigate allegations of misconduct by financial auditors.

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