National Financial Reporting Authority imposes Rs 2-crore fine on Deloitte for audit lapses in Zee

The National Financial Reporting Authority (NFRA) has imposed a ₹2-crore fine on Deloitte Haskins & Sells LLP and penalised two auditors for deficiencies in their audit of Zee Entertainment Enterprises Ltd (Zee) during the 2018-19 and 2019-20 financial years.

The regulator fined A.B. Jani, the engagement partner, ₹10 lakh and barred him from auditing for five years.