IL&FS Case: NFRA bans former Deloitte head from auditing for 7 yrs, slaps Rs 25 lakh penalty
Jul 23, 2020, at 03:37 am
New Delhi/IBNS: The National Financial Regulatory Authority (NFRA) has banned former Deloitte Haskins and Sells LLP head Udayan Sen from auditing for seven years and slapped a fine of Rs 25 lakhs for auditing lapses at Infrastructure Leasing & Financial Services Ltd (IL&FS), media reported.
Government takes action to preserve value and assets of IL & FS
Oct 01, 2018, at 06:55 pm
New Delhi, Oct 1 (IBNS): The has taken action to ensure much needed liquidity arranged for the IL& FS from the financial system so that no more defaults take place and the infrastructure projects implemented smoothly.