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 ..

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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 ..

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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, ..

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