 "IL&FS")
SRBC & Co LLP has resigned as the auditor of IL&FS Transportation Networks Limited (ITNL) following the audit review report of National Financial Regulatory Authority.
The auditor said in a statement that its resignation was accepted by the board of ITNL.
“We believe our resignation will allow the company to appoint another auditor to continue on-going audit work without any impediments. We discharged our duties in good faith, in a bona fide manner, and in compliance with applicable laws and standards,” the statement said.
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