NFRA bars auditors of 2 Anil Ambani group cos

NFRA bars auditors of 2 Anil Ambani group cos

NEW DELHI: National Financial Reporting Authority (NFRA) has banned auditors of Reliance Home Finance and Reliance Commercial Finance, including the firms, and also levied a penalty for irregularities in the accounts of the two Anil Ambani group companies in 2018-19. In both cases, new auditors had been appointed after Price Waterhouse had resigned suspecting fraud.Auditor … Read more