Pwc Ban

The SAT, in its order which set aside the ban on audit firm Price Waterhouse (PwC), had noted that Sebi does not have the power to bar auditors.

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.

Price Waterhouse had appealed to SAT to lift the SEBI ban, but the Tribunal only agreed to give it a reprieve to permit it to complete audits it had already taken on for the 2018 calendar year.

The note ban last year and GST rollout had impacted investment and development prospects of the cities, PwC said.

Oscars 2017: Longtime Oscars stage manager Gary Natoli offered new details of how both accountants failed to prevent - and later, halt - the disaster that unfolded after Faye Dunaway mistakenly announced La La Land as the best picture winner

The SAT, in its order which set aside the ban on audit firm Price Waterhouse (PwC), had noted that Sebi does not have the power to bar auditors.

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.

Price Waterhouse had appealed to SAT to lift the SEBI ban, but the Tribunal only agreed to give it a reprieve to permit it to complete audits it had already taken on for the 2018 calendar year.

The note ban last year and GST rollout had impacted investment and development prospects of the cities, PwC said.

Oscars 2017: Longtime Oscars stage manager Gary Natoli offered new details of how both accountants failed to prevent - and later, halt - the disaster that unfolded after Faye Dunaway mistakenly announced La La Land as the best picture winner