The National Financial Reporting Authority (NFRA) has fined three entities, including two individual auditors, a total of Rs 1.10 crore for auditing lapses in Tanglin Developments Ltd (TDL), a subsidiary of Coffee Day Enterprises Ltd. The auditing firm, Sundaresha & Associates, and the two auditors, C Ramesh and Chaitanya G Deshpande, have been barred from taking up auditing work for different periods.
