What Use a Guard Dog That Doesn’t Bark? (The Economic Times)

The Securities Appellate Tribunal’s (SAT) quashing of Sebi’s two-year ban on audit firm Price Waterhouse (PW) and its three-year ban on audit partners for lapses in the accounting fraud at Satyam Computer Services in 2009 deserves a qualified welcome. Its order said there was no proof to show that the 10 firms affiliated to PW…

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Updated: September 11, 2019 — 10:12 PM