DHFL appoints KK Mankeshwar & Co as new statutory auditor: 28.8.2019

DHFL (डीएचएफएल) appoints KK Mankeshwar & Co as new statutory auditor

Points to Remember:

  • Debt-ridden DHFL said it appointed KK Mankeshwar & Co as its statutory auditor.
  • This comes after the resignation of auditors Deloitte and Chaturvedi & Shah this month, reportedly due to unsatisfactory responses from DHFL to their queries related to fund deployment.
  • As per a BSE filing, the appointment of the new auditor came into effect on August 26.

About DHFL (Dewan Housing Finance Corporation):

  • Dewan Housing Finance Corporation Ltd. (DHFL) is a deposit-taking housing finance company
    DHFL is the second housing finance company to be established in the country
  • Founded: 1984
  • Founder: Rajesh Wadhawan
  • Headquarters: Mumbai, India
  • Chairman & Managing director: Kapil Wadhawan
  • Parent: Wadhawan Global Capital (WGC)
Important Possible questions based on above News:
  1. Recently, Housing financier ‘DHFL’ has appointed ___ as its statutory auditor. KK Mankeshwar & Co
  2. Who is the current Chairman & Managing director of Dewan Housing Finance Corporation (DHFL)? Kapil Wadhawan
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