forensic audit Archives

data theft ad-interim injunction proprietary customer database

Case Briefs Tribunals/Commissions/Regulatory Bodies

Stolen Leads, Fake Booking IDs, ₹66 Lakh Revenue Loss: How a Spreadsheet Led to an Ex-Parte Injunction in Cordelia Cruises’ Data Theft Case

The Court passed an ex-parte ad-interim injunction against the respondents on ground of data theft, protecting complainant’s proprietary customer database upon observing that a prima facie case has been established showing unauthorized data copying, download, and extraction within the strict definition of Section 43(b), Information Technology Act, 2000.

Case Briefs Tribunals/Commissions/Regulatory Bodies

Forensic Audit of Project Accounts Permissible During CIRP; Rajasthan RERA Holds Section 14 IBC No Bar to Regulatory Inquiry

With expenditure claimed at 75—77% of project cost against actual physical progress of only 48.13%, the Authority ordered a limited forensic audit of the Avalon Royal Park project, distinguishing the RERA audit from IBC insolvency audit provisions and holding that the two frameworks can operate harmoniously without conflict.

Case Briefs High Courts

Delhi High Court directs Disclosure of Forensic Audit Report on Show Cause Notices by IDBI Bank

A forensic audit was conducted by Grant Thornton LLP at the request of the respondent-bank. The audit led to the withdrawal of the ‘red flagging’ of the company’s account.