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  • ‘IL&FS Gave Loans Without Security Cover
    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.
  • IL&FS Auditors Escape Legal Scrutiny
    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.
  • ILFS
    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.
  • Auditors Demand Sufficient Audit Evidence
    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.
  • Auditors
    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.
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