What are the punitive powers of National Financial Reporting Authority (NFRA), where professional and other misconduct is proved?

Where professional or other misconduct is proved, NFRA (National Financial Reporting Authority) have the power to make order for imposing penalty of - not less than one lakh rupees, but which may extend to five times of the fees received, in case of individuals; and not less than five lakh rupees, but which may extend to ten times of the fees received, in case of firms. debarring the member or the firm from - being appointed as an auditor or internal auditor or undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate; or performing any valuation as provided under section 247, for a minimum period of six months or such higher period not exceeding ten years