Icra said this action against Takkar had been taken “pending enquiry into the concerns raised in an anonymous representation, that was forwarded to the company by Sebi’’. Icra said this action against Takkar had been taken “pending enquiry into the concerns raised in an anonymous representation, that was forwarded to the company by Sebi’’. He was the joint managing director and chief rating officer of Icra, prior to becoming CEO. On June 10, the corporate affairs ministry had moved the NCLT, seeking a five-year ban on Deloitte Haskins & Sells and BSR Associates, who were the auditors of IL&FS Financial Services. Last month, KPMG India affiliate BSR had resigned as an auditor to IL&FS Financial Services.

Source: The Telegraph July 01, 2019 20:15 UTC