NFRA slaps Rs 8 lakh penalty on 2 auditors in DB case
The Business Guardian|December 25, 2024
Thereafter, the regulator suo moto initiated an examination into the professional conduct of the statutory auditors of DB Realty Ltd (DBRL) under the Companies Act, 2013.
NFRA slaps Rs 8 lakh penalty on 2 auditors in DB case

The National Financial Reporting Authority (NFRA) has slapped penalties totaling Rs 8 lakh on two auditors and barred them for up to five years for professional misconduct in connection with the audit of DB Realty for FY16.

The order came after NFRA received information from Sebi in October 2022, regarding misstatements in the financial statement of DB Realty Ltd (now known as Valor Estate Ltd).

Thereafter, the regulator suo moto initiated an examination into the professional conduct of the statutory auditors of DB Realty Ltd (DBRL) under the Companies Act, 2013.

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The Business Guardian

Campaign collects over Rs 15 lakh in 6 hours

Just six hours after asking people to fund her assembly election campaign, Delhi Chief Minister and Aam Aadmi Party candidate Atishi raised more than Rs 15 lakh through her online portal on Sunday.

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1 min  |
January 13, 2025
Poster Wars Heat Up: AAP, BJP Spar Ahead of Elections
The Business Guardian

Poster Wars Heat Up: AAP, BJP Spar Ahead of Elections

The battle for Delhi has begun, with the Aam Aadmi Party (AAP) and the Bharatiya Janata Party (BJP) engaging in a fierce poster war ahead of the assembly polls.

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1 min  |
January 13, 2025
DELHI CM ATISHI TURNS TO CROWDFUNDING FOR ELECTION CAMPAIGN
The Business Guardian

DELHI CM ATISHI TURNS TO CROWDFUNDING FOR ELECTION CAMPAIGN

Delhi Chief Minister Atishi has launched a crowdfunding campaign to contest the Kalkaji assembly constituency in the upcoming Delhi assembly elections 2025.

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1 min  |
January 13, 2025
AAP Files Complaint Against BJP for Allegedly Sharing False Video
The Business Guardian

AAP Files Complaint Against BJP for Allegedly Sharing False Video

The Aam Aadmi Party (AAP) has lodged a complaint with the Election Commission of India against the BJP, accusing it of spreading misinformation and violating the Model Code of Conduct.

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1 min  |
January 13, 2025
The Business Guardian

BJP's Kapil Mishra Accuses AAP of Aiding Rohingyas

BJP leader Kapil Mishra has accused the Aam Aadmi Party of aiding Rohingyas by adding them to the voters' list of Delhi and attempting to change the demography of the city.

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1 min  |
January 13, 2025
'End Of Era', Senior Advocate Iqbal Chagla Passes Away
The Business Guardian

'End Of Era', Senior Advocate Iqbal Chagla Passes Away

The Senior Counsel Iqbal Chagla, one of the leading lawyers and the doyen of the Bombay Bar Association, BBA passes away on January 12, 2025.

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1 min  |
January 13, 2025
The Business Guardian

Jharkhand High Court Upholds Reliance On Deceased's Last Earned Salary In Accident Case: Average Income Of Previous Years No Basis For Compensation

The Jharkhand High Court in the case The Oriental Insurance Co. Ltd. vs Smt. Sharda Devi and ors and has held that the average income of previous financial years cannot be the basis for computing compensation in motor accident claims.

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1 min  |
January 13, 2025
PUNJAB AND HARYANA HIGH COURT: ONCE A FAMILY MEMBER APPOINTED ON COMPASSIONATE BASIS IS TERMINATED, ANOTHER MEMBER CANNOT SPEAK APPOINTMENT
The Business Guardian

PUNJAB AND HARYANA HIGH COURT: ONCE A FAMILY MEMBER APPOINTED ON COMPASSIONATE BASIS IS TERMINATED, ANOTHER MEMBER CANNOT SPEAK APPOINTMENT

The Single bench after noting that the brother of the appellant had been given compassionate appointment and the appointment is not transferable to any other family member subsequently had dismissed the writ petition.

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2 mins  |
January 13, 2025
Rajasthan High Court: Successive Petitions Under Section 482 CrPC Not Entertainable If Filed Without Any Change Of Facts Or Circumstances
The Business Guardian

Rajasthan High Court: Successive Petitions Under Section 482 CrPC Not Entertainable If Filed Without Any Change Of Facts Or Circumstances

After taking into account all the evidence, prima facie case was found to exist against the petitioners, and hence cognizance was taken.

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1 min  |
January 13, 2025
Bombay High Court Dismissed PIL Seeking Guidelines On Ticket Scalping: Coldplay Concert
The Business Guardian

Bombay High Court Dismissed PIL Seeking Guidelines On Ticket Scalping: Coldplay Concert

The Bombay High Court in the case Amit Vyas vs. Union Of India observed and has dismissed the Public Interest Litigation, PIL filed concerning 'ticket scalping' and black marketing of online tickets for concerts and other events.

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1 min  |
January 13, 2025