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Crisis-hit DHFL headed for more trouble, auditors may decide to resign

Sources say the auditors may decide to resign ahead of the board meeting

DHFL
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Sudipto DeySurajeet Das Gupta New Delhi
With 48 hours to go for the board of directors to ratify Dewan Housing Finance Corporation’s (DHFL’s) fourth quarter numbers and 2018-19 financial account, the crisis-hit firm could be heading towards more trouble.

The meeting of board of directors is scheduled for July 13. However, sources said the two statutory auditors — Deloitte Haskins & Sells, and Chaturvedi & Shah — are yet to complete the process of auditing the company’s FY19 financial accounts. In June, DHFL got the market regulator’s nod to postpone announcing its financial results by two weeks. 

Sources say the auditors may decide to resign ahead of the
Topics : DHFL

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