NFRA Imposes Rs 2 Crore Fine on Auditor, Debars CAs for Lapses in Coffee Day Enterprises Audit

Last updated: 12 October 2024

The National Financial Reporting Authority (NFRA) has imposed a penalty of Rs 2 crore on the statutory auditor and Rs 15 lakh on two chartered accountants for professional misconduct during the audit of Coffee Day Enterprises Limited (CDEL) for the financial year 2019-20. NFRA has also debarred the
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