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Deloitte quits as auditor of crisis-hit DHFL

Deloitte has quit as the auditor of cash-strapped DHFL, sources said on Sunday. There have been reports that Deloitte Haskins & Sells and the company's second auditor, Chaturvedi & Shah, may quit due to unsatisfactory responses from the company to their queries related to fund deployment. Cash-strapped DHFL sits on a debt pile of Rs 90,000 crore and has defaulted on its various repayment obligations in the recent past. 

Read More at The Economic Times News date : 5 Aug 2019, Monday

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