IL&FS: Bombay HC Grants Interim Stay On MCA's Proceedings Before NCLT Seeking A 5 Yr Ban On Accounting Firm BSR [Read Order]
nitish kashyap
5 Sept 2019 5:25 PM IST
![IL&FS: Bombay HC Grants Interim Stay On MCAs Proceedings Before NCLT Seeking A 5 Yr Ban On Accounting Firm BSR [Read Order] IL&FS: Bombay HC Grants Interim Stay On MCAs Proceedings Before NCLT Seeking A 5 Yr Ban On Accounting Firm BSR [Read Order]](https://www.livelaw.in/h-upload/images/750x450_bombay-hc-4.jpg)
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5 Sept 2019 5:25 PM IST
The Bombay High Court on Wednesday granted ad-interim relief to KPMG's arm BSR and consultants restraining the Ministry of Corporate Affairs from continuing its proceedings before NCLT, Mumbai under Section 140(5) of the Companies Act, 2013 seeking a 5-year ban on the accounting firm. Division bench of Justice Ranjit More and Justice NJ Jamadar directed the...
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