Tribunal Quashes 2-Year Sebi Ban On PwC In Satyam Scam

Tribunal Quashes 2-Year Sebi Ban On PwC In Satyam Scam

SAT said, only the auditors watchdog ICAI can take any action against its members and fraud cannot be proved on the basis of negligence in auditing.

Corporates | | Updated: September 09, 2019 14:26 IST
Tribunal Quashes 2-Year Sebi Ban On PwC In Satyam Scam

However, SAT partly allowed disgorgement of the Rs. 13 crore fee from the PriceWaterhouse Coopers.