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    Sebi tightens norms for resignation of statutory auditors

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    In the wake of a number of resignations in listed companies off late, the Securities and Exchange Board of India (Sebi) on Friday floated stricter disclosure norms for resignation of auditors. In a circular, the regulator said that listed entities should disclose the detailed reasons to stock exchanges in case of resignation of its auditor within 24 hours of receiving the reasons from the auditor.

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    The Economic Times