Sustainable
Structuring of Stressed Assets Scheme 6 and suggested a forensic audit
report and Techno Economic Viability 7 study in its meeting held ... July
2016. Based on the conclusions of the forensic audit report, the JLF closed
the issue stating that there were no irregularities. However, based
other purposes as apparent from the report of the Forensic Audit in
the instant case which had been submitted by Auditors - Mr. Pawan
Kumar Aggarwal ... facts which are projected
in the Forensic Auditor Report speaks for itself.
9. Before we consider the Forensic Audit, it would be appropriate to
refer
experience in,— (i) banking; (ii) corporate affairs; (iii) taxation; (iv) forensic audit; (v) capital market; (vi) information technology; (vii) law; or (viii) such other fields
decided to adopt the said S4A scheme, and to conduct a Forensic Audit
and Techno-Economic Viability ('TEV') in its meeting held ... petitioner, the Company submitted
clarifications to the Forensic Auditor. Basing on the Forensic Audit
Report, dated 29.08.2016, on 31.08.2016, the JLF closed the issue
observing
Counsel for the parties have been heard on
interim prayer for forensic audit of CCTV footage of
2 WPA(P) 91 of 2022
Contai Municipal ... interlocutory order,
submission of Counsel for the petitioner is that forensic
audit of CCTV footage, preserved on the direction of this
Court, is necessary
shall appoint an independent
Auditor/Audit Firm for conducting a
detailed forensic audit of the books of
accounts of CG Power from the Financial
Year ... onwards till date. The
expenses for the aforementioned forensic
audit shall be borne by the Company. The
independent Auditor/Audit Firm so
appointed shall verify
year 2018
when the forensic auditor was appointed by the
respondent-bank and pursuant to the report of the
forensic audit, the Joint Lender ... that Respondent Bank has
taken decision of appointment of Forensic Auditor for
conducting Forensic Audit of the Company in its 12 th
JLM meeting
reasons
specifically mentioned therein.
xi) The bank has decided to conduct forensic audit and the
same was allotted to M/s. S.P. Rungta ... Associates, Chartered
Accountants, Mumbai, which in turn, conducted forensic audit and
submitted its report on 13.10.2016 pointing out serious lapses
including the lapse that petitioner
Learned Senior Counsel, while challenging the conclusions of the
Forensic Audit conducted by the Interim Resolution Professional (IRP),
submitted that as per the Status Reports ... extent of Rs.566.33 crores. Thus, the conclusion in the
Forensic Audit Report of the IRP, that funds to the tune
Appellant has also claimed that
the Forensic Auditor was appointed on 06.06.2020 and the
Forensic Audit Report was available on 20.1.2021. The
resolution plan ... Forensic Auditor's
report was made available on 20.1.2021 and the Resolution
Professional sent it for comments on 8.2.2021. Since the
Forensic Audit Report
