J&K&L HC: Delay in Executing Preventive Detention on Unsubstantiated Medical Ground Makes it Invalid  ||  Delhi HC Allows AITA Results For Interim Management and Directs Fresh Elections Under New Sports Law  ||  J&K&L HC: Preventive Detention U/S 129 BNSS During Proceedings Must Satisfy Strict Legal Standards  ||  Gujarat HC: Firing in Air at a Wedding Without Intent to Harm Does Not Amount to Attempt to Murder  ||  Bom HC: Developers’ Profit Rights in Redevelopment Cannot Override Members’ Right to Safe Housing  ||  Supreme Court: Joint Accused Statements are Admissible Only When They Result in Distinct Discoveries  ||  SC to Ex-MLA in Money Laundering Case: Duped Homebuyer Must be Safeguarded First, then Consider Bail  ||  Supreme Court: Right to a Speedy Trial Cannot Override NDPS Act Bail Conditions  ||  SC: Relatives Cannot be Implicated in Bigamy Solely Based on Knowledge of a Second Marriage  ||  Supreme Court: Service Inam Land Attached to a Mosque Constitutes Waqf Property and is Inalienable    

NCLAT: Auditor Cannot be Debarred for 5 Years in Absence of Evidence - (26 Feb 2020)

COMPANY

National Company Law Appellate Tribunal has set aside an order passed by National Company Law Tribunal in a matter relating to debarring of an auditor for 5 years. The Court has held that though he was negligent, there was no material on record to infer that the auditor had acted fraudulently or misused his position as a statutory auditor.

Tags : NATIONAL COMPANY LAW APPELLATE TRIBUNAL   DEBARRING OF AUDITOR  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved