| S. NO. |
PERSON |
ENTITY |
COMPETENT AUTHORITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 121. |
BRIJESH KUMAR CHAUDHARY
|
|
BANKS |
DEFAULTED IN REPAYMENT OF LOANS
|
POSSESSION NOTICE- RS.7,69,952
HDFC BANK LTD.
RESTRAINED FROM ALIENATING (INCLUDING BY WAY OF TRANSFER, SALE, LEASE OR OTHERWISE) OR CREATING THIRD PARTY INTEREST OR DEALING WITH MORTGAGED PROPERTY IN ANY MANNER
08-DEC-2023
|
|
| 122. |
BRIJESH KUMARI
|
|
BANKS |
DEFAULTED IN REPAYMENT OF LOANS
|
DEMAND NOTICE/ NOTICE- RS.16,86,640 ALONG WITH OTHER ENTITIES/PERSONS
HINDUJA HOUSING FINANCE LTD.
24-JUL-2024
|
|
| 123. |
|
|
BSR & ASSOCIATES LLP
|
|
|
|
AMIT SOMANI
(M.No.: 060154)
|
|
NFRA |
DID NOT IDENTIFY, ASSESS AND RESPOND TO FRAUD RISK AND RISK OF MATERIAL MISSTATEMENTS IN FINANCIAL STATEMENTS ARISING DUE TO DIVERSION OF FUNDS TO TUNE OF RS.2,549 CRORE TO MYSORE AMALGAMATED COFFEE ESTATE LTD.
DID NOT PERFORM APPROPRIATE AUDIT PROCEDURES TO IDENTIFY AND EVALUATE LARGE SCALE EVERGREENING OF LOANS AND UNDERSTATEMENTS OF DIVERSION OF FUNDS TO MYSORE AMALGAMATED COFFEE ESTATE LTD.
DID NOT EXERCISE PROFESSIONAL SKEPTICISM AND JUDGEMENT AND DID NOT PERFORM APPROPRIATE AUDIT PROCEDURES IN RESPECT OF CAPITAL ADVANCE OF RS.130.55 CRORE GIVEN BY COFFEE DAY GLOBAL LTD. TO CLASSIC COFFEE CURING WORKS
DID NOT PERFORM RISK ASSESSMENT PROCEDURES IN RESPECT OF INTEREST INCOME OF RS.75 CRORE FROM MYSORE AMALGAMATED COFFEE ESTATE LTD. WITHOUT ANY UNDERLYING AGREEMENT
DID NOT REPORT COFFEE DAY ENTERPRISES LTD. IN RESPECT OF LOANS GIVEN BY CDEL TO ITS SUBSIDIARIES VIOLATING COMPANIES (AUDITOR’S REPORT) ORDER, 2016 READ WITH SECTION 185 OF THE ACT.
CREATED AND MODIFIED AUDIT WORK PAPERS AFTER SIGNING AUDIT REPORT AND BETWEEN SIGNING OFF OF AUDIT WORK PAPERS AND AUDIT REPORT
|
IMPOSED PENALTY RS.25,00,000
DEBARRED FROM BEING APPOINTED AS AUDITOR OR INTERNAL AUDITOR OR UNDERTAKING ANY AUDIT IN RESPECT OF FINANCIAL STATEMENTS OR INTERNAL AUDIT OF FUNCTIONS AND ACTIVITIES OF ANY COMPANY OR BODY CORPORATE FROM 19-09-2024 TO 18-09-2029
19-AUG-2024
|
|
| 124. |
|
|
BSR & ASSOCIATES LLP
|
|
|
NFRA |
DID NOT IDENTIFY, ASSESS AND RESPOND TO FRAUD RISK AND RISK OF MATERIAL MISSTATEMENTS IN FINANCIAL STATEMENTS ARISING DUE TO DIVERSION OF FUNDS TO TUNE OF RS.2,549 CRORE TO MYSORE AMALGAMATED COFFEE ESTATE LTD.
DID NOT PERFORM APPROPRIATE AUDIT PROCEDURES TO IDENTIFY AND EVALUATE LARGE SCALE EVERGREENING OF LOANS AND UNDERSTATEMENTS OF DIVERSION OF FUNDS TO MYSORE AMALGAMATED COFFEE ESTATE LTD.
DID NOT EXERCISE PROFESSIONAL SKEPTICISM AND JUDGEMENT AND DID NOT PERFORM APPROPRIATE AUDIT PROCEDURES IN RESPECT OF CAPITAL ADVANCE OF RS.130.55 CRORE GIVEN BY COFFEE DAY GLOBAL LTD. TO CLASSIC COFFEE CURING WORKS
DID NOT PERFORM RISK ASSESSMENT PROCEDURES IN RESPECT OF INTEREST INCOME OF RS.75 CRORE FROM MYSORE AMALGAMATED COFFEE ESTATE LTD. WITHOUT ANY UNDERLYING AGREEMENT
DID NOT REPORT COFFEE DAY ENTERPRISES LTD. IN RESPECT OF LOANS GIVEN BY CDEL TO ITS SUBSIDIARIES VIOLATING COMPANIES (AUDITOR’S REPORT) ORDER, 2016 READ WITH SECTION 185 OF THE ACT.
CREATED AND MODIFIED AUDIT WORK PAPERS AFTER SIGNING AUDIT REPORT AND BETWEEN SIGNING OFF OF AUDIT WORK PAPERS AND AUDIT REPORT
|
IMPOSED PENALTY RS.10,00,00,000
19-AUG-2024
|
|
| 125. |
|
|
BSR & ASSOCIATES LLP
|
|
|
|
ARAVIND MAIYA
(M.No.: 217433)
|
|
NFRA |
DID NOT IDENTIFY, ASSESS AND RESPOND TO FRAUD RISK AND RISK OF MATERIAL MISSTATEMENTS IN FINANCIAL STATEMENTS ARISING DUE TO DIVERSION OF FUNDS TO TUNE OF RS.2,549 CRORE TO MYSORE AMALGAMATED COFFEE ESTATE LTD.
DID NOT PERFORM APPROPRIATE AUDIT PROCEDURES TO IDENTIFY AND EVALUATE LARGE SCALE EVERGREENING OF LOANS AND UNDERSTATEMENTS OF DIVERSION OF FUNDS TO MYSORE AMALGAMATED COFFEE ESTATE LTD.
DID NOT EXERCISE PROFESSIONAL SKEPTICISM AND JUDGEMENT AND DID NOT PERFORM APPROPRIATE AUDIT PROCEDURES IN RESPECT OF CAPITAL ADVANCE OF RS.130.55 CRORE GIVEN BY COFFEE DAY GLOBAL LTD. TO CLASSIC COFFEE CURING WORKS
DID NOT PERFORM RISK ASSESSMENT PROCEDURES IN RESPECT OF INTEREST INCOME OF RS.75 CRORE FROM MYSORE AMALGAMATED COFFEE ESTATE LTD. WITHOUT ANY UNDERLYING AGREEMENT
DID NOT REPORT COFFEE DAY ENTERPRISES LTD. IN RESPECT OF LOANS GIVEN BY CDEL TO ITS SUBSIDIARIES VIOLATING COMPANIES (AUDITOR’S REPORT) ORDER, 2016 READ WITH SECTION 185 OF THE ACT.
CREATED AND MODIFIED AUDIT WORK PAPERS AFTER SIGNING AUDIT REPORT AND BETWEEN SIGNING OFF OF AUDIT WORK PAPERS AND AUDIT REPORT
|
IMPOSED PENALTY RS.50,00,000
DEBARRED FROM BEING APPOINTED AS AUDITOR OR INTERNAL AUDITOR OR UNDERTAKING ANY AUDIT IN RESPECT OF FINANCIAL STATEMENTS OR INTERNAL AUDIT OF FUNCTIONS AND ACTIVITIES OF ANY COMPANY OR BODY CORPORATE FROM 19-09-2024 TO 18-09-2034
19-AUG-2024
|
|
| 126. |
|
|
BSS BUILDCON
|
|
|
|
ARCHANA KUMAR
|
|
|
BARUN KUMAR
|
|
BANKS |
DEFAULTED IN REPAYMENT OF LOANS
|
POSSESSION NOTICE- RS.2,96,66,639 ALONG WITH OTHER ENTITIES/PERSONS
ADITYA BIRLA FINANCE LTD.
18-JAN-2024
|
|
| 127. |
|
|
BURR-BROWN (INDIA) LTD.
|
|
|
CDSL |
HIGH PENDING DEMAT REQUESTS
|
PUT UP ON CDSL WEBSITE FOR PUBLIC NOTICE
15-AUG-2024
|
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
