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Prudhviraj Rupavath
Only 19% of IL&FS Group’s Rs 99K Crore Debt Resolved by New Board in 2 Years
26 Oct 2020
The collapse of the IL&FS Group has had a cascading impact on the Non-Banking Financial Companies sector, Mutual Funds sector and the country’s financial markets for several months.
Prudhviraj Rupavath
IL&FS Auditors Escape Legal Scrutiny In Spite of Alleged Accounting Lapses
17 Jun 2020
Deloitte audited IL&FS Financial Services (IFIN) for 10 years from 2008 to 2018 and BSR, along with Deloitte, did a parallel audit of IFIN for 2017-18.
Newsclick Report
Looming Uncertainty in India’s Auditing System
12 Aug 2019
Auditors of at least 17 listed companies have resigned in this year alone.
Newsclick Report
Amid Concerns over Auditing Practices, Govt Wants to Freeze Auditors’ Accounts in IL&FS Case
07 Aug 2019
SEBI has recently proposed a new framework to tackle the issue of auditor resignations.
Rabindra Nath Sinha
Auditors Demand Sufficient Audit Evidence, Use Disclaimer of Opinion
03 Jul 2019
The situation has been turning adverse for the auditors ever since the IL&FS debt repayment default surfaced and the Union Ministry of Corporate Affairs took a stern view of the IL&FS lapses.
Newsclick Team
Frauds and Friends: How Auditors Are Enabling Crony Capitalism
22 Jun 2019
In this report, we explain all the problems that the auditors have found themselves in, now that the law is finally catching up.