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Top audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit services to audit clients. ....
Top audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit services to audit clients. This move aligns with the NFRA s strict stance on conflict-of-interest issues. EY affiliate SR Batliboi & Co is the only top firm still providing such services. This change comes amid global pressure for auditors to maintain independence and avoid conflicts of interest. The NFRA s regulations apply to Indian companies meeting certain thresholds. ....
Observing that perjury is a serious criminal offence which cannot be remedied, the Delhi High Court has said that making false statements to the court has to necessarily invite adverse action.Justice. ....
The Delhi High Court has stayed proceedings before the trial court in section 138 Negotiable Instruments Act against a businessman in a complaint filed by TCI XPS, a division of Transport Corporation of India Ltd. ....
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