News: PwC gets Supreme Court notice over 'financial malpractices'

Strategic HR

PwC gets Supreme Court notice over 'financial malpractices'

According to a Financial Express report, the Supreme Court on Friday issued notices to UK-based multinational accounting firm PricewaterhouseCoopers and the Centre on a public interest litigation (PIL) demanding in-depth probe into alleged financial malpractices and other illegalities by the audit firm.

According to a Financial Express report, the Supreme Court on Friday issued notices to UK-based multinational accounting firm PricewaterhouseCoopers and the Centre on a public interest litigation (PIL) demanding in-depth probe into alleged financial malpractices and other illegalities by the audit firm.

The PIL, filed by NGO 'CPIL', sought probe against PricewaterhouseCoopers and 12 other firms under its umbrella for alleged income tax violations, breach of FEMA and RBI guidelines, FDI violations and various other rules and regulations, the report added.

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Topics: Strategic HR, #Updates, #Corporate

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