Fri.Apr 26, 2024

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NFRA debars auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases

CFO News

The National Financial Reporting Authority (NFRA) has barred auditors of M/s Brightcom Group for up to ten years and imposed heavy monetary penalties on them, citing professional misconduct in auditing the company between FY20 and FY22.