The National Financial Reporting Authority (NFRA), the newly set up audit profession regulator, has now made it mandatory for certain ‘body corporates’ to file with it the details of their auditor appointments by July 31. This move could require foreign subsidiaries of Indian companies and other body corporates such as LIC to submit the NFRA-1 form, said experts. However, none of the companies registered under the Companies Act, 2013, will be covered by this norm, they added.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.