Supreme Court Permits NFRA’s Audit Regulatory Proceedings Against CAs, Stays Execution of Final Orders [Read Judgement]
The Supreme Court allowed NFRA to proceed with audit proceedings against CAs in pending cases, but stayed enforcement of final orders
By Kavi Priya - On March 24, 2025 5:50 pm - 2 mins read
In a recent ruling, the Supreme Court permitted the National Financial Reporting Authority (NFRA) to continue audit regulatory proceedings against chartered accountants (CAs) in cases where no Audit Quality Review Reports (AQRRs) have been prepared and no final orders have been passed and stayed the execution of final orders already issued. National Financial Reporting Authority…
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