{"id":127147,"date":"2019-07-11T23:40:35","date_gmt":"2019-07-11T23:40:35","guid":{"rendered":"https:\/\/www.bnreport.com\/dhfl-says-reports-of-auditor-trouble-baseless\/"},"modified":"2019-07-11T23:40:35","modified_gmt":"2019-07-11T23:40:35","slug":"dhfl-says-reports-of-auditor-trouble-baseless","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/dhfl-says-reports-of-auditor-trouble-baseless\/","title":{"rendered":"DHFL says reports of auditor trouble baseless"},"content":{"rendered":"

Mumbai: Debt-laden Dewan Housing Finance Corporation<\/a> (DHFL<\/a>) said reports stating the company was headed for auditor trouble<\/a> were \u201cbaseless and mere speculation\u201d.<\/p>\n

The company also clarified that the audit of the company's standalone and consolidated financial statements for the quarter\/financial year ended on 31st March, 2019 by Joint Statutory Auditors of the Company i.e. Chaturvedi & Shah LLP and Deloitte<\/a> Haskins & Sells LLP is in progress and the said Financial Statements would be signed by the Joint Statutory Auditors upon completion.<\/p>\n

On Thursday, a media report said citing sources that the two statutory auditors are yet to complete the process of auditing the companys FY19 financial accounts.<\/p>\n

The publication said citing sources that the auditors may decide to resign ahead of the board meeting, following unsatisfactory response to auditors queries related to fund deployment by DHFL.<\/p>\n

In June, DHFL got the market regulators nod to postpone announcing its financial results by two weeks.<\/p>\n

Earlier in the day, a person in the know of development told ETMarkets.com the company may come up with the debt- rRead More \u2013 Source<\/strong><\/a>
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ET Markets<\/a><\/h5>\n

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Mumbai: Debt-laden Dewan Housing Finance Corporation (DHFL) ..<\/p>\n","protected":false},"author":1,"featured_media":127148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-127147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nDHFL says reports of auditor trouble baseless - Business News Report<\/title>\n<meta name=\"description\" content=\"Mumbai: Debt-laden Dewan Housing Finance Corporation (DHFL) ..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/dhfl-says-reports-of-auditor-trouble-baseless\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DHFL says reports of auditor trouble baseless - 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