More on SEBI’s Order in the Price Waterhouse Case

In an earlier post, Jayant Thakur had discussed the order of the Securities and Exchange Board of India (SEBI) passed against Price Waterhouse last week. In addition, readers may find the following two further pieces on the legalities of the SEBI order of relevance:

  1. In a column titled “SEBI’s ban onPwC:Learnings for an auditor” in Bar & Bench, Kanwardeep Singh examines SEBI’s observations in as much as they provide some guidance to auditors as regards their duties and responsibilities; and
  2. In a column titled “The Price Waterhouse Case: Determining Auditor Liability” in BloombergQuint, I discuss the evidentiary aspects involved in pinning liability on auditors from a regulatory perspective.

About the author

Umakanth Varottil

Umakanth Varottil is an Associate Professor at the Faculty of Law, National University of Singapore. He specializes in corporate law and governance, mergers and acquisitions and cross-border investments. Prior to his foray into academia, Umakanth was a partner at a pre-eminent law firm in India.

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