Delhi HC Dismisses CA’s Plea Against NFRA aligning with SC order

Sunil Wahal Vs National Financial Reporting Authority NFRA & Anr. (Delhi High Court) Delhi High Court has dismissed a writ petition filed by Sunil Wahal, who sought to quash a show cause notice issued by the National Financial Reporting Authority (NFRA). The notice, dated December 30, 2024, accused Wahal of professional misconduct in his role as the Engagement Quality Control Reviewer (EQCR) for the statutory audit of M/s Religare Finvest Ltd. for the financial year 2017-18. Wahal’s petition contended that the issues were identical to those in a separate case, W.P.(C) 1135/2025, wher...