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RBI bans Srei Infrastructure auditor Haribhakti & Co for two years

In an unprecedented move, the Reserve Bank of India on Tuesday banned one of the country's top chartered accountant firms Haribhakti & Co LLP from undertaking any type of audit assignments for regulated entities for a period of two years starting April 1, 2022. Haribhakti & Co LLP was the auditor of Srei Infrastructure Finance Limited (SIFL), whose board was superseded by the

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RBI Bars Haribhakti & Co From Auditing Regulated Companies For 2 Years

The Reserve Bank of India (RBI) has barred Haribhakti & Co LLP from auditing companies regulated by RBI for two years starting from April next year.

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RBI bans Srei Infra auditor Haribhakti & Co for two years

In an unprecedented move, the Reserve Bank of India (RBI) on Tuesday has banned one of the country s top chartered accountant firms Haribhakti & Co LLP from undertaking any type of audit assignments for regulated entities for a period of two years starting April 1, 2022.

Haribhakti coSr batliboi coSrei infrastructure finance limitedFirm registration noSrei equipment finance limitedBanking financial companyNational company law tribunalSrei groupImage sourceReserve bankAnnual general meetingIndia actChartered accountantsSrei group companiesSrei infrastructure finance ltdRei infra auditor haribhakti co

Adhere to the 330 Days Deadline for Completing CIRP under IBC; Supreme Court tells NCLT, NCLAT

Adhere to the 330 Days Deadline for Completing CIRP under IBC; Supreme Court tells NCLT, NCLAT
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Top executives took home bigger salaries last fiscal

The double-digit pay increase in fiscal 2021 compares with a 3% rise in FY20 when the nationwide lockdown had affected the last ten days of the fiscal year and the wallets of CEOs as many boards decided to freeze or cut the bonus and variable pay, thus taking away a large chunk from the salary of top executives.

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