MUMBAI: Mumbai: Top auditors Deloitte Haskin and Sells, and BSR and Co. could find themselves shut out of work for five years, with the government asking the National Company Law Tribunal (NCLT) to bar them for alleged lapses in auditing the books of IL&FS Financial Services Ltd (IFIN).
In a petition filed before the Mumbai bench of NCLT on Monday, the ministry of corporate affairs (MCA) sought the prosecution of the two audit firms and the appointment of a new auditor for IFIN. This follows the Serious Fraud and Investigation Office (SFIO) filing charges against the two firms on 30 May.
