Securities regulator given green light to scrutinize chartered accountants

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Can the securities market regulator – the Securities and Exchange Board of India (SEBI) – issue show cause notices to a chartered accountant in connection with audits the chartered accountant carried out of a listed company?

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The update of court judgments is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.

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