National Financial Reporting Authority
The National Financial Reporting Authority (NFRA) will get more powers to act against auditors and company executives.
- The Company Law Review Committee chaired by Rajesh Verma (Secretary in the Ministry of Corporate Affairs) has recommended expanding NFRA’s oversight to certain wrongful deeds of senior company executives and lapses of auditors other than their professional misconduct.
About NFRA
- It was constituted on 01st October, 2018, by the Government of India under Sub Section (1) of Section 132 of the Companies Act, 2013.
- The Companies Act requires the NFRA to have a chairperson who will be appointed by the Central Government and a maximum ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
- 1 ‘Eggshell Skull’ Rule
- 2 Copyright Infringement in India
- 3 National Centre for Good Governance (NCGG)
- 4 Advance Pricing Agreements
- 5 Doctrine of Lis Pendens under Transfer of Property Act, 1882
- 6 NHRC’s ‘Statutory Full Commission’ Meeting
- 7 Provision of Chargesheet under CrPC
- 8 District Election Management Plan
- 9 Ladakh’s Demand for Inclusion in Sixth Schedule
- 10 Electoral Trusts
