IL&FS: NCLT allows MCA’s application to appoint Mukund M Chitale & Co as Statutory Auditor

Omkar Gokhale October 23 2019
DHFL insolvency plea by RBI

The Mumbai Bench of National Company Law Tribunal (NCLT) has allowed an application moved by the Ministry of Corporate Affairs (MCA) to appoint Mukund M Chitale & Co as Statutory Auditor for IL&FS Financial Service Limited (IFIN) for Financial Year 2018-19.

The NCLT Bench of judges V P Singh and Rajesh Sharma passed an order on October 18. The Bench has been hearing the petition filed by the MCA seeking a five-year ban on BSR & Associates (a KPMG . . .

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