India Supreme Court clears tribunal to act against IL&FS auditors
By Arpan Chaturvedi and Jayshree P Upadhyay MUMBAI (Reuters) – India’s Supreme Court has allowed the National Company Law Tribunal (NCLT) to proceed with its enquiry and any subsequent action against the auditors of IL&FS Financial Services, a unit of Infrastructure Leasing and Financial Services that filed for bankruptcy in 2018. The Supreme Court upheld …
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