The auditors said that courts can’t rewrite a statute, legislate and enact but can only interpret a law.
The govt is excluding lenders as they may not be forthcoming with crucial information in certain cases.
The entry of overseas law firms in India has long been staunchly opposed by local law firms, led by SILF.
SFIO, spearheading the investigation, may issue notices in the coming weeks.
Govt had moved NCLT on June 10, seeking the ban on Deloitte Haskins & Sells, a part of Deloitte, and KPMG India affiliate BSR & Associates.
EY report says invoices were not verified and fuel expenses hiked substantially for airline.
The review will be for the period between April 2014 and December 2018. The scope of the forensic audit is four-fold.
He raised a series of questions regarding the EY report.
SBI has ordered an investigation — it suspects diversion of funds, evergreening of loans, preferential transactions.
There has been a pronounced increase in receivables as a standalone entity.
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