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.
from Latest News http://bit.ly/2DBVySO
Sunday, 28 April 2019
IL&FS case: Govt likely to ban Deloitte for 5 yrs for alleged malpractice
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