NFRA banned two chartered accountants, Parimal Kumar Jha and Vishal Shah, for 10 and five years respectively after it found audit lapses at Anil Ambani's Reliance Capital. NFRA imposed ₹3 crore, ₹1 crore and ₹50 lakh penalties respectively on Pathak HD & Associates, Jha and Shah. Reliance Capital's earlier auditor Price Waterhouse had reported suspected fraud at the firm.