Tue, Aug 20, 2024
The National Financial Reporting Authority (NFRA) has imposed penalties totaling Rs 10.75 crore on BSR & Associates LLP and its key members for audit lapses related to Coffee Day Enterprises' 2018-19 financial statements.
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Mon, Aug 21, 2023
The case pertains to the diversion of funds worth Rs 3,535 crore from seven subsidiary companies of Coffee Day Enterprises Ltd (CDEL), a listed company, to Mysore Amalgamated Coffee Estate Ltd (MACEL).
Thu, Dec 22, 2022
The hiring for various managerial positions will be for three years, which may be extended for another two years such that the maximum period of deputation shall not exceed five years.
Thu, Mar 01, 2018
The jurisdiction of the NFRA -- which would be an oversight body for auditors -- would extend to all listed companies as well as large unlisted public companies.
Thu, Dec 28, 2017
The move has been necessitated after the role of some accounting professionals in helping business entities hide black money, came to light.
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