IL&FS Scam: SC quashes HC order protecting Deloitte from ban
It set aside the high court judgement which had quashed the proceedings against the audit firms under section 140(5) of the Act on the ground that the auditors had resigned.
Stay updated with breaking news from Il Fs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
It set aside the high court judgement which had quashed the proceedings against the audit firms under section 140(5) of the Act on the ground that the auditors had resigned.
Uday Kotak can be credited with the creation of an institution, no less. Should he withdraw from its running in line with an RBI rule, it would be a tribute to his own accomplishment
SEBI cracked down harshly on the interference unleashed by former MD and CEO Mokashi vis-a-vis DHFL credit rating. Mokashi has been accused of interfering in the rating process. Eight whistle-blowers' complaints were received by SEBI alleging CARE Ratings was granting AAA ratings to higher fee-paying clients.
IIDF applied under a provision of the Insolvency and Bankruptcy Code against McLeod Russel India Ltd with the National Company Law Tribunal, Kolkata Bench. This application has been admitted by the NCLT.
Siddharth Mehta, former director of IL&FS shares about the Fintech Growth Siddharth Mehta of IL&FS shares the benefits of Fintech in India. He says…