Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
NFRA moves Supreme Court against Delhi HC decision to quash notices against audit firms
Update / Judgement Date
17 Feb 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Auditing and Assurance
The NFRA (National Financial Reporting Authority) moved the Supreme Court challenging a Delhi High Court decision that quashed notices issued against audit firms. The NFRA's appeal indicates its determination to pursue the case and its concerns about the implications of the High Court's ruling. The case has significant implications for the regulatory oversight of audit firms and the enforcement of accounting standards.
