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Indian Supreme Court to consider NFRA plea

Summary by The Accountant

The Supreme Court of India has agreed to consider a plea by the National Financial Reporting Authority (NFRA), reported news agency Press Trust of India. The plea concerns its authority to issue show cause notices, investigate, and penalise misconduct among chartered accountants and accounting firms. This move comes after the NFRA challenged certain directions from the Delhi High Court’s judgement regarding the IL&FS audit case. The High Co…

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Indian Supreme Court to consider NFRA plea

The Supreme Court of India has agreed to consider a plea by the National Financial Reporting Authority (NFRA), reported news agency Press Trust of India. The plea concerns its authority to issue show cause notices, investigate, and penalise misconduct among chartered accountants and accounting firms. This move comes after the NFRA challenged certain directions from the Delhi High Court’s judgement regarding the IL&FS audit case. The High Co…

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The Accountant broke the news in 5 days ago on Tuesday, February 18, 2025.

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