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NFRA

Latest Articles


Unveiling Professional Misconduct: NFRA’s Order on Seya Industries Limited’s Statutory Audit

Company Law : The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates...

January 11, 2024 882 Views 0 comment Print

NFRA Debars Chartered Accountants & Firms: Understanding the Implications

Company Law : Explore the implications of recent debarments by the National Financial Reporting Authority (NFRA) on Chartered Accountants and fi...

August 12, 2023 1692 Views 0 comment Print

Coffee Day Global Limited (CDGL) – NFRA Orders & Auditing Standards

Company Law : Coffee Day Enterprises Limited (CDEL) operates in various sectors, including coffee retailing, logistics, financial services, and...

August 2, 2023 3000 Views 2 comments Print

Summary & Checklist for CAs to avoid NFRA penalty proceedings

Company Law : Stay compliant and avoid NFRA penalty proceedings with this summary and checklist for Chartered Accountants. Learn from the case o...

April 29, 2023 5784 Views 0 comment Print

Analysis of Recent Judgments by NFRA against Auditors

Company Law : Explore the recent judgments by NFRA against auditors in India. Learn from the analysis of violations, including unauthorized appo...

April 10, 2023 14622 Views 0 comment Print


Latest News


ICAI CCM Dhiraj Khandelwal clarifies on NFRA Order

Company Law : Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insi...

April 30, 2024 10206 Views 0 comment Print

FRQRR Analysis: NFRA Review of PSP Projects Ltd. Financial Reporting Quality

Company Law : Dive into NFRA detailed Financial Reporting Quality Review (FRQRR) of PSP Projects Ltd. Uncover high and low impact observations, ...

February 24, 2024 639 Views 0 comment Print

RFP: Appointment of CA Firms/LLP/Proprietorship for NFRA’s Accounting & Taxation

CA, CS, CMA : Explore NFRA's RFP for Chartered Accountant firms/LLPs/Proprietorships to compile, verify books, handle taxation matters. Key date...

January 19, 2024 1734 Views 0 comment Print

MCA Unveils Draft Policy for Transparent Rule & Regulation Making

Corporate Law : Explore the Ministry of Corporate Affairs draft policy for pre-legislative consultation and a comprehensive review of rules and re...

January 16, 2024 474 Views 0 comment Print

NFAR Annual Report 2022-23

Company Law : The NFAR Annual Report for 2022-23 reflects a pivotal year marked by significant achievements and milestones. This comprehensive r...

January 13, 2024 1203 Views 0 comment Print


Latest Judiciary


Delhi HC Denies Interim Relief on NFRA Penalties in Reliance Capital Audit

Corporate Law : Delhi High Court refuses interim relief against NFRA penalties imposed on CAs and CA firm in the Reliance Capital audit lapses cas...

May 17, 2024 4695 Views 0 comment Print

Delhi HC stays NFRA Proceedings on alleged Section 80JJA Report Misconduct by CA

Corporate Law : Delhi High Court halts NFRA proceedings against CA Unnikrishnan Menon, challenging show cause notice for irregularities in Quess C...

January 23, 2024 1092 Views 0 comment Print


Latest Notifications


NFRA Penalized Audit Firm & CA for negligence & inadequate due diligence

Corporate Law : Explore NFRA Order No. 019/2024 detailing penalties imposed on M/s Singh Ajay & Co. and CA Priyank Mittal for audit lapses in Vika...

July 6, 2024 546 Views 0 comment Print

NFRA Penalized Audit Firm & CA for Lapses in Conduct of Statutory Audit

Corporate Law : Explore NFRA Order No. 018/2024 on CA Yogesh Mahipal for audit misconduct findings and penalties under Companies Act 2013. Detaile...

July 5, 2024 102 Views 0 comment Print

NFRA Penalizes CA for professional misconduct in auditing DHFL branches

Company Law : Learn about NFRA action against CA Kashinath Chaturvedi for professional misconduct in auditing DHFL branches. Understand the find...

June 21, 2024 525 Views 0 comment Print

Audit misconduct at DHFL branches: NFRA imposes one-year debarment & Penalty

Company Law : Explore NFRA's order under Companies Act 2013 on CA Krishna Bihari Chaturvedi for audit misconduct at DHFL branches in FY 2017-18....

June 21, 2024 483 Views 0 comment Print

NFRA Penalizes RCFL Auditors with ₹2.5 Crore Fine for Audit Misconduct

Company Law : The NFRA fines Shridhar & Associates and CA Ajay Vastani for professional misconduct in auditing RCFL's financials for FY 2018-19....

May 16, 2024 11070 Views 0 comment Print


Latest Posts in NFRA

NFRA Penalized Audit Firm & CA for negligence & inadequate due diligence

July 6, 2024 546 Views 0 comment Print

Explore NFRA Order No. 019/2024 detailing penalties imposed on M/s Singh Ajay & Co. and CA Priyank Mittal for audit lapses in Vikas Proppant and Granite Limited’s financial statements.

NFRA Penalized Audit Firm & CA for Lapses in Conduct of Statutory Audit

July 5, 2024 102 Views 0 comment Print

Explore NFRA Order No. 018/2024 on CA Yogesh Mahipal for audit misconduct findings and penalties under Companies Act 2013. Detailed analysis of audit failures and implications.

NFRA Penalizes CA for professional misconduct in auditing DHFL branches

June 21, 2024 525 Views 0 comment Print

Learn about NFRA action against CA Kashinath Chaturvedi for professional misconduct in auditing DHFL branches. Understand the findings, penalties, and implications.

Audit misconduct at DHFL branches: NFRA imposes one-year debarment & Penalty

June 21, 2024 483 Views 0 comment Print

Explore NFRA’s order under Companies Act 2013 on CA Krishna Bihari Chaturvedi for audit misconduct at DHFL branches in FY 2017-18. Details on penalties and findings.

Delhi HC Denies Interim Relief on NFRA Penalties in Reliance Capital Audit

May 17, 2024 4695 Views 0 comment Print

Delhi High Court refuses interim relief against NFRA penalties imposed on CAs and CA firm in the Reliance Capital audit lapses case. Detailed analysis of the judgment provided.

NFRA Penalizes RCFL Auditors with ₹2.5 Crore Fine for Audit Misconduct

May 16, 2024 11070 Views 0 comment Print

The NFRA fines Shridhar & Associates and CA Ajay Vastani for professional misconduct in auditing RCFL’s financials for FY 2018-19.

ICAI CCM Dhiraj Khandelwal clarifies on NFRA Order

April 30, 2024 10206 Views 0 comment Print

Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insights from an industry veteran’s perspective.

NFRA Imposes ₹60 Lakh Penalty on CMIL Auditor & Debars Auditor for 2 Years

April 26, 2024 15105 Views 1 comment Print

NFRA issues Order against Krishna Neeraj & Associates and CA Krishna Kr Neeraj for professional misconduct in CMIL’s audit, imposing penalties and sanctions.

NFRA imposes ₹1.60 Crore Penalty on RHFL Auditors & Audit Firm

April 26, 2024 36126 Views 2 comments Print

National Financial Reporting Authority’s order penalizes M/s Dhiraj & Dheeraj and auditors for misconduct in the audit of Reliance Home Finance Limited.

Penalty & Debarment: NFRA rules Against PCN & Associates & CA Gopala Krishna Kandula

April 26, 2024 9666 Views 0 comment Print

Explore NFRA’s order penalizing PCN & Associates and CA Gopala Krishna Kandula for non-cooperation in statutory audit investigations, leading to professional misconduct under the Companies Act.

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