In a huge setback to Deloitte and BSR, the KPMG Indian firm, the NCLT, dismissed their petition, challenging the very authority of the NCLT, to ban these firms from undertaking any audit business for a period of five years, as has been proposed by the MCA. Our Business & Finance Editor Mr. Akhilesh Bhargava details many such cases where the Big 4 have indulged in accounting malpractices and how they have managed to cover the tracks due to the immense financial resources at their disposal and makes a case for them to be brought to justice. #Big4 #Auditors #AkhileshBharagava
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