ASIC accepts three court enforceable undertakings for auditor rotation failures at Hall Chadwick (NSW)

25-223MR

enforceable undertaking2 Oct 2025

Respondent

Sandeep Kumar

Facts

Following ASIC’s proactive auditor independence surveillance and subsequent investigation, ASIC has accepted three court enforceable undertakings for multiple auditor rotation breaches from registered company auditors connected with Hall Chadwick (NSW).

Outcome

ASIC accepted a court enforceable undertaking from Sandeep Kumar, a former Hall Chadwick (NSW) partner and registered company auditor, who admitted acting as lead auditor of listed companies when not eligible under the auditor rotation rules (2025-10-02). See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-223mr-asic-accepts-three-court-enforceable-undertakings-for-auditor-rotation-failures-at-hall-chadwick-nsw

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