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Interim order staying the operation of the NCLT order shall continue to be in operation for another two weeks, NCLAT stated.
The National Company Law Appellate Tribunal today dismissed appeals by IL&FS auditors, Deloitte Haskins and KPMG arm- BSR & Associates, against an order impleading them as parties in the ongoing fraud case concerning IL&FS subsidiary, ILFN. (Deloitte Haskins vs UOI)
Stating that the case involved the alleged commission of acts which were prejudicial to public interest and various sectors of economy, the NCLAT opined,
The Judgment was pronounced by a two-member Bench comprising Chairperson, Justice SJ Mukhopadhyay and Member (Judicial) Justice Bansi Lal.