NFRA Current Affairs, GK & News
National Financial Reporting Authority – Update (March, 2022)
The Appointments Committee of the Cabinet (ACC) has approved the appointment of former finance secretary Ajay Bhushan Pandey as the chairperson of the National Financial Reporting Authority (NFRA). About NFRA National Financial Reporting Authority (NFRA) is a statutory body, established in 2018 under the Companies Act 2013. It is an independent regulatory body, which oversees ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Accounting • Auditing • Companies Act 2013 • NFRA
NFRA bans CA Udayan Sen from Auditing for 7 years
The National Financial Reporting Authority has taken stringent action against a high-profile chartered accountant with the Big 4 Audit Firms, Udayan Sen, for his role as engagement partner in the statutory audit of ILFS Financial Services Limited. The authority has barred Sen from practising for 7 years and has also slapped a penalty on him ..
Month: Current Affairs - July, 2020
Category: India Nation & States Current Affairs
Topics: Audit • National Financial Reporting Authority • NFRA • Udayan Sen
The amendment of Companies Act, 2013
The Companies Act, 2013 was passed by the Indian Parliament to consolidate and amend the law relating to companies. What is the Companies Act, 2013? It regulates the incorporation of a company, the responsibilities of a company. appointment of directors and other laws related to the dissolution of a company. It replaces any earlier act, ..
Topics: Companies Act 2013 • Economy • NCLT • NFRA