The National Financial Reporting Authority (NFRA) has penalized audit firm Deloitte Haskins & Sells LLP, along with two of its senior partners, for alleged professional misconduct in the audit of Zee Entertainment Enterprises Limited (ZEEL) for FY18-19 and FY19-20.
The regulator has imposed fines totaling ₹2.15 crore and issued multi-year debarments to the partners involved. A penalty of ₹2 crore was imposed on the audit firm, an order signed by the NFRA on 23 December and published on its website showed.
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