![Supreme Court](http://media.assettype.com/barandbench%2F2020-02%2F20aecda7-8278-4edb-b76c-97932bfd3746%2FSupreme_Court_66.jpg?rect=23%2C0%2C2514%2C1414&w=480&auto=format%2Ccompress&fit=max)
The Supreme Court recently dismissed an appeal challenging a National Company Law Appellate Tribunal (NCLAT) order, in which it had also held that the National Financial Reporting Authority (NFRA) has retrospective powers to investigate allegations of misconduct by financial auditors [Harish Kumar T.K. v. National Financial Reporting Authority].