However, the other joint auditor, Mumbai-based Chaturvedi & Shah, continues to service the company
Interim order of NCLT staying impleadment of auditors to continue till August 19, says NCLAT.
CCI will be asked to study if the accountancy firms are misusing their dominant positions
NCLT reserves order on ministry of corporate affairs' plea to ban auditing firms for five years.
Deloitte Haskins & Sells LLP is contesting the government's call for the ban on the auditor for its alleged involvement in a financial fraud
There has been a spate of resignations by auditors who want to derisk themselves from companies whose accounting practices may be questionable
According to Deloitte, the Williamson Magor Group company's liabilities exceed assets by Rs 1,435.66 crore
Even as Deloitte Haskins and Sells remains perched precariously on the high wire over its questionable role in the IL&FS audit process, it appears that the Ministry of Corporate Affairs may invoke section 140 (5) of the Companies Act to debar the firm for alleged malpractice in IL&FS accounts. This extreme action is being warranted after Deloitte's alleged misdemeanours and conduct in the IL&FS case.
Across India, almost 40% of girls aged 15-18 years drop out of school and college, and only 26% of women are employed
The size of a privacy team of an organisation was found to be directly proportional to the size of the organisation
A spokeswoman said "only very few clients" were impacted in the hack
The attack was believed to have been focused on the US operations of the company
Women still go largely under- represented on corporate boards
Jaitley had in this year's Budget speech proposed an integrated state-owned oil company
Deloitte admitted to violating quality standards and to failing to cooperate with the investigation
Restricting the inflow of skilled migrants to Britain could hurt the country's ability to attract investment