What about the auditors ?

Whether they are punishable under any acts?

Whether the auditors had information about such a big fraud . are they party to such a fraud

What about other audits done by this auditor?

Can a shareholder file a suit against the auditor for misleading results?

India always got an Overweight Rating as compared to its Emerging Market Peers from FII's Backed by its good corporate Governance(!!!).But the Biggest scandal(so called event from Satyam) among the indian corporates raised major questions about the auditing practices and principles that they were following at the moment.Moreover these auditing works are carried out by Auditing Giants like E&Y, PwC, KMPG, S&P, CRISIL, ICRA, FITCH etc……..
PWC is the auditor for Satyam - here are the co's where they will have a screw ball
There are some big names in their list of clients
Apar Inds.
Apeejay Tea
APW President
Arshiya Intl
Assam Carbon Pr
Automotive Stamp
Bayer CropSciene
Beeyu Overseas
Bimetal Bearings
Blue Dart Exp.
Bosch
Bosch Rexroth
California Soft.
Century Enka
Chemplast Sanmar
Colgate Palmoliv
Coromandel Fert
Cummins India
D P S C
Denso India
Dynamatic Tech.
Elpro Intl.
English Ind.Clay
Entertainment Nt
Gabriel India
Gateway Distpark
Gillanders Arbut
GIS
Glaxosmit Pharma
GlaxoSmith C H L
Glenmark Pharma
GMR Inds.
GMR Infra.
Goodyear India
Graphite India
Great Eastern En
Guj Gas Company
Harr. Malayalam
HCL Infosystems
HCL Technologies
Hikal
Hind.Powerplus
Hinduja Ventures
Holman Climax
Honeywell Auto
Hooghly Flour
HTMT Global
IFGL Refractor
Ineos ABS (India)
Info Edge (India)
Infotech Enterpr
Ingersoll-Rand
Insilco
Jagran Prakashan
Kanumanek Trad.
Karamch.Thapar
Kennametal India
Kesoram Inds.
Lanco Infratech
Marico
MarutiSuzuki
Mastek
MaxIndia
Mcleod Russel
Millennium Beer and
Morganite CrucibMoser Baer (I)Motherson SumiNDTVNicco ParksNIITNIIT Tech.Northgate TechnoOrissa ExtrusionParry Agro IndsPerfect Circle (I)Phillips CarbonPiramal HealthPiramal LifePVP VenturesRain CalciningRain CommoditiesRane (Madras)Rane Brake LinesReligare EnterReligare GlobalS.N. SundersonSaint-Gob. SekurSamtel ColorSanderson Inds.Saregama IndiaSatyam ComputerSchrader DuncanSimplex InfraSouth Asian Fin.Sparsh BPOSpentex Inds.Stewarts & LloydSubhkam CapitalSulzer IndiaSwaraj MazdaSwojas EnergyT.V. TodayTILTinplate Co.Trigyn Techno.Tudor IndiaUnited BreweriesUnited SpiritsUsha MartinUTUTV SoftwareVijay Inds.Warren TeaWelspun IndiaWyethZensar Technologies

Tags:Apar Inds. Auditors, APW President Auditors, Automotive Stamp Auditors, Bayer CropSciene Auditors, Beeyu Overseas Auditors, Bimetal Bearings Auditors, Blue Dart Exp. Auditors, Bosch Auditors,
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