Cafe Coffee Day: NFRA Bans MACEL and TDL's Auditors for 5 To 10 Years, Imposes Penalties
Taking stern action against two chartered accounts (CAs) and an audit firm in the matter of Coffee Day Enterprises Ltd (CDEL) and its subsidiaries Mysore Amalgamated Coffee Estate Ltd (MACEL) and Tanglin Developments Ltd (TDL), the national financial reporting authority (NFRA) has imposed a ban of 10 years on CA Lavitha Shetty and a ban of five years on CA C Ramesh.
Source: moneylife.in