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    <title>2023 (8) TMI 358 - NATIONAL FINANCIAL REPORTING AUTHORITY</title>
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    <description>The National Financial Reporting Authority found CA Sam Varghese guilty of accepting audit engagements without proper authorization, violating the Companies Act, 2013 and Chartered Accountants Act, 1949. Varghese also failed to comply with various Standards on Auditing, leading to professional misconduct charges. As a result, NFRA imposed a Rs. 100,000 penalty and debarred Varghese from acting as an auditor for one year.</description>
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      <description>The National Financial Reporting Authority found CA Sam Varghese guilty of accepting audit engagements without proper authorization, violating the Companies Act, 2013 and Chartered Accountants Act, 1949. Varghese also failed to comply with various Standards on Auditing, leading to professional misconduct charges. As a result, NFRA imposed a Rs. 100,000 penalty and debarred Varghese from acting as an auditor for one year.</description>
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