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Август
2024

Supreme Court upholds NFRA's 10-year ban and Rs 20 lakh fine for auditor Anil Chauhan over Seya Industries' misconduct

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The Supreme Court upheld the National Financial Reporting Authority's 10-year audit ban and Rs 20 lakh penalty on Anil Chauhan for misconduct during the audit of Seya Industries. Chauhan's appeal was dismissed as he was found to be non-compliant and non-cooperative in meeting the required accounting and auditing standards.