NFRA has debarred two statutory auditors of erstwhile Dewan Housing Finance Corporation Ltd (DHFL) for 10 years and five years respectively, and imposed fines on them for professional misconduct in the discharge of their audit work.
In two separate orders, made public on Wednesday, the regulator has banned Jignesh Mehta for taking up audits for 10 years and Amit Vinay Chaturvedi for five years.
NFRA has debarred two statutory auditors of erstwhile Dewan Housing Finance Corporation Ltd (DHFL) for 10 years and five years respectively, and imposed fines on them for professional misconduct in the discharge of their audit work.
In two separate orders, made public on Wednesday, the regulator has banned Jignesh Mehta for taking up audits for 10 years and Amit Vinay Chaturvedi for five years. A penalty of Rs 5 lakh has also been imposed on each of them. These are among the severest punishments, extended by the NFRA, to scores of DHFL auditors in various cases of misconduct.
The National Financial Reporting Authority (NFRA) has debarred two statutory auditors of erstwhile Dewan Housing Finance Corporation Ltd (DHFL) for 10 years and five years respectively, and imposed fines on them for professional misconduct in .