The Bombay High Court has quashed criminal complaints filed by the Serious Fraud Investigation Office (SFIO) against the erstwhile auditors of Infrastructure Leasing and Financial Services Ltd (IL&FS). and its non-bank lending arm for alleged collusion in falsifying books. The high court while upholding the constitutional validity of Section 140(5) of the Companies Act, observed […]
The post IL&FS Case: Bombay HC Quashes Criminal complaint against ex-IFIN Auditor Deloitte, BSR [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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